Warwick (postcode 6024) is a smaller residential area in Western Australia within the Joondalup local government area. With a population of 3,858, the suburb has an established demographic with a median age of 41. Households earn a median income of $91K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% 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 professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Warwick has a median house price of $1.1 million, which has jumped by 22.6% year-on-year. The current median weekly rent is $780. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,950.
Warwick is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1028, which is around the national average of 1,000. Public transport access includes 42 bus stops.
From an investment perspective, Warwick shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +22.6% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.