Subiaco WA Property Market
Postcode 6008
Data updated: July 2026 · Sources: ABS Census, CoreLogic, Domain
Median House
$1833k
Median Unit
$916k
Annual Growth
-15.4%
Rental Yield
3.2%
Vacancy Rate
1.7%
Source: SQM Research — not financial advice. Verify with a licensed property professional before making investment decisions.
About the Subiaco Property Market
Subiaco is one of Perth's most established inner-city suburbs, prized for its leafy streetscapes, heritage character homes and proximity to the CBD. Long regarded as a premier address, it combines period charm with a thriving café and retail scene centred on Rokeby Road, giving it a distinct village feel within easy reach of the city.
Property Market
Housing stock ranges from restored Federation and Californian bungalow homes to contemporary townhouses and apartments, with house values sitting well above the Perth median and units offering a more accessible entry point. The market has come off a strong run in recent times, with values easing back after a period of rapid appreciation, reflecting a natural correction following earlier exuberance rather than any fundamental weakening of demand for the area.
Lifestyle and Amenity
Subiaco offers excellent access to top-tier schools, including Subiaco Primary and nearby private colleges, along with Kings Park, Subiaco Oval precinct and a well-connected train station linking residents directly to the city. The suburb's blend of heritage architecture, boutique shopping and dining, and proximity to major hospitals and education precincts underpins its enduring lifestyle appeal.
Who Buys Here
Professionals, medical and legal practitioners, and downsizers are drawn to Subiaco for its walkability, heritage character and closeness to the city, while investors are attracted by consistent tenant demand from hospital staff, students and young professionals. Renters tend to be well-employed singles and couples seeking inner-city convenience without compromising on lifestyle.
Investment Outlook
Extremely tight vacancy levels point to strong ongoing rental demand, supported by the suburb's proximity to major employment hubs including hospitals and the CBD. While yields remain modest by inner-city standards, the suburb's tightly held nature and premium positioning continue to underpin its long-term investment credentials.
Data last updated: 27 July 2026
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How to Research a Suburb
Understanding the Numbers
Median house price represents the middle sale in a period — not the average. Rental yield is annual rent divided by property value. Vacancy rate below 3% indicates strong tenant demand. Annual growth shows 12-month price change — not a guarantee of future performance.
What to Research Before Buying
Check council zoning and DA restrictions, flood and bushfire overlays on state planning portals, infrastructure pipeline (rail, roads, schools), employer concentration (single-industry suburbs carry higher risk), and auction clearance rates (above 70% signals a seller's market).
Due Diligence Checklist
- ☐ Building and pest inspection
- ☐ Strata report (if applicable)
- ☐ Contract review by conveyancer
- ☐ Comparable sales in last 90 days
- ☐ Rental vacancy rate
- ☐ Council rates and water rates
- ☐ Body corporate fees (if applicable)
Data sources: ABS Census 2021, CoreLogic property transaction data, Domain listing data, and RBA statistical tables. Updated as new data becomes available.