Marmion WA Property Investment

Joondalup · 6020 · Score: 75/100 · Buy

Median House Price
$2.23M
Rental Yield
2.9%
Vacancy Rate
0.9%
Median Weekly Rent
$1250/wk
Median Unit Price
$801K
Population
2,390
Days on Market
24 days
Annual Growth
-1.1%

Marmion Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$321/night
Occupancy Rate
%
Est. Annual Revenue
$76K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Marmion WA Investment Brief

BUY — 2.9% gross yield on a $2,230,000 median.

THE MARKET

Marmion has compounded at 5.8%/yr over 5 years — a house that cost $1,682,196 in 2021 is worth $2,230,000 today. Properties are sitting on market for 24 days (sellers have the leverage). At the same growth rate, today's median reaches $2,956,196 by 2031.

  • Median house: $2,230,000 | Units: $800,699
  • Gross yield: 2.9% | Net yield: 1.4%
  • 5yr price CAGR: 5.8%/yr | 3yr forecast: 13.5%/yr
  • Population: 2,390 | Owner-occupier rate: 83% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 0.9% (improving) | Rental demand: Very High
  • Median weekly rent: $1,250/wk | Days on market: 24 (improving)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • METRONET (Perth Rail Expansion) (Under Construction)
  • Transport: Standard suburban transport access

BULL CASE

If Marmion maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $2,564,500 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Marmion pull back 10-15% from $2,230,000, with vacancy rising to 1.6% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Premium price point limits buyer pool and increases interest rate sensitivity

COMPARABLE MARKETS

  • Claremont (WA): $2,463,010 median, 2.7% yield, 8.9% 1yr growth
  • Swanbourne (WA): $2,680,000 median, 3.4% yield, 16.7% 1yr growth
  • Floreat (WA): $2,430,000 median, 3.0% yield, 6.0% 1yr growth

THE PLAY

Marmion presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.9% and prioritise properties with value-add potential. Consider timing entry around the current stable phase of the market cycle.

  • Entry range: $2,007,000 – $2,453,000
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals4.0/10
▼High SEIFA decile — already upgraded or established affluent area
—Moderate capital growth (5.8% CAGR)
▲Inner/middle ring location (15.4km to CBD) — high gentrification corridor
▲Active development pipeline (2818 approvals) — supply attracting new residents
▲Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
6.1%
p.a.
2yr Forecast
5.6%
p.a.
5yr Forecast
4.8%
p.a.

Basis: 5yr CAGR 5.8% + 10yr CAGR 5.8%

Growth drivers
  • +Above-average population growth (1.7%/yr)
  • +Very tight rental market (vacancy 0.9%) — upward price pressure
  • +Active market (24 days avg)
Headwinds
  • −High supply pipeline (2818 new approvals) — may cap price growth

Suburb Metric Thresholds

9 green4 yellow3 red
Rental Vacancy Rate
0.9 high impact
Days on Market
24 high impact
Weekly Rent (house)
1250 medium impact
5yr Price CAGR
5.8 high impact
10yr Price CAGR
5.81 high impact
1yr Price Growth
-1.14 medium impact
Population Growth
1.67 high impact
Median Household Income
2374 medium impact
Unemployment Rate
3.7 medium impact
Public Transport Score
6.6 medium impact
School Zone Quality
8.3 medium impact
Distance to CBD
15.39 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
83.1 medium impact
Gross Rental Yield (%)
2.91 high impact
Net Rental Yield (%)
1.41 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-06

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

596

2020

827

2021

514

2022

363

2023

518

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 6020

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population

22,581

Education (IEO)

9/10

Econ. Resources (IER)

10/10

10-Year Investment Projection

Modelled on Marmion WA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $1250/wk median rent for Marmion. Capital growth and rent increase are editable assumptions.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.