Average rent in Waikiki, WA — 2026

Waikiki runs roughly with the Western Australia state median — renters typically pay $320/week, close to the $337/week state baseline (ABS Census 2021). Most households here own (75% are owners or paying off a mortgage) and only 23% rent. Separate houses dominate the housing stock (98%), which gives the suburb a quieter, family-leaning feel — borne out by a median age of 39 and a population around 12,539. The most common occupation is Technicians and Trades Workers, and 30% of residents were born overseas. Waikiki is 42km from Perth, and rent trajectories here tend to track the state average rather than running ahead of it — but state rent indices have moved since 2021, so double-check against the live figure above.