Sandstone (postcode 6639) is a quiet locality in Western Australia within the Sandstone local government area. With a population of 109, the suburb has a more retirement-aged population with a median age of 60. Households earn a median income of $49K per year, with an average household size of 1.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, machinery operators & drivers, labourers. Employment in the area leans toward public admin & safety and agriculture. The top ancestries reported are English, Australian, Irish.
The median house price in Sandstone is $125,000, having risen steeply by 31.6% over the past year. The median weekly rent is $70 (Census 2021). This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,517.
On the investment side, The gross rental yield works out to roughly 2.9%, which reads as low yield. Property prices sit below the state median ($125K/$1.0M), which can point to relative value. The price-to-income ratio of 2.5x is considered affordable. House prices have moved +31.6% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.