Babakin, WESTERN-AUSTRALIA Real Estate & Suburb Profile
Comprehensive property market insights and live data for Babakin.
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About Babakin Real Estate
Babakin is a small town located in the Wheatbelt region of Western Australia between the towns of Bruce Rock and Corrigin. At the 2021 census the population of Babakin was 56. Facilities in the town include a school, shop, hall and sporting facilities.
Babakin was a pastoral lease from 1873 to 1914 at this location, first taken up by C. Heal (Jnr). The name stems from a Noongar term for the dingo. The population increased with land grants given to returned servicemen after the Great War.
In 1926, Babakin joined with Ardath to field an Australian rules team in the Bruce Rock Football Association.
In 1932, the Wheat Pool of Western Australia announced that the town would have two grain elevators, each fitted with an engine, installed at the railway siding.
A very rare plant species inhabits the area—the Western Underground Orchid (Rhizanthella gardneri).
Property Investment Potential
When analyzing the local real estate landscape, Babakin presents a dynamic opportunity. With median property prices sitting around $1,817,000 and delivering an average rental yield of 4%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 38 days on the market, underscoring the consistent demand in this part of Western Australia. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Babakin
Frequently Asked Questions about Babakin Real Estate
What is the median house price in Babakin?
The median house price in Babakin, Western Australia is currently estimated at $1,817,000.
Is Babakin a good place to invest?
With a capital growth of 3.6% over the last 12 months and an average rental yield of 4%, Babakin presents a solid opportunity for property investors.
What is the postcode for Babakin?
The postcode for Babakin in Western Australia is 6428.