Suburb Profile Report for Cottesloe WA (6011)

Cottesloe House: Median price $1,810,000, Annual capital growth 1.60%, Number of sales 112, Weekly median advertised rent $850

Cottesloe Unit: Median price $650,000, Annual capital growth -0.10%, Number of sales 43, Weekly median advertised rent $460

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Cottesloe, 6011 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was 0.00%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cottesloe has increased when compared to the 5 year average annual rate.

Vendor discounting in Cottesloe is giving property investors an average Vendor Discount of around -10.37%. This puts suburb at number 55th in WA when ranking the most discounted suburbs.

At number 2594 in a list of fastest selling suburbs, Cottesloe is in the bottom 40% of suburbs in Australia with an average of days on market 99.34 for properties listed there.

Property investors should expect to get $850 weekly from the median priced house in this suburb.

At number 1672th in the list of Australian suburbs ordered by increase in median house value over the last year, Cottesloe, 6011 is in the BOTTOM 10% with a property value increase of -17.98% recorded in median house prices.

Cottesloe,6011 was ranked 1649 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Cottesloe is offering property investors an average of -8.31. This rate of discount on properties puts Suburb at number 64th in terms of most discounted suburbs in WA

At number 1317 in a list of fastest selling suburbs, Cottesloe is in the bottom 20% of suburbs in Australia with an average of days on market 117.63 for properties listed there.

Advertised rents are around the $460 mark per week – giving a return of 3.68% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,810,000 $650,000
0.56% -13.33%
0.00% -17.98%
1.60% -0.10%
$850 $460
112 43
2.44% 3.68%
99.34 117.63

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 7399
Median household income ($/weekly) 2494
Median age of persons 40
Median housing loan repayment ($/monthly) 2817
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 908 12.3
    25-34 years 1025 13.9
    35-44 years 908 12.3
    45-54 years 1052 14.2
    55-64 years 1057 14.3
    Others 2449 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 2538 49.0
    Not Married 2137 41.3
    Defacto Relationship 503 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4975 74.3
    Papua New Guinea 140 2.1
    South Africa 123 1.8
    United Kingdom 695 10.4
    Other 248 3.7
    Others 512 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 1.0
    Christianity 4211 65.5
    Judaism 27 0.4
    Other Religious Groups 25 0.4
    No Religion 2075 32.3
    Others 30 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 149 6.4
    $1,500-$1,999 213 9.1
    $2,500-$2,999 451 19.3
    $3,000-$3,499 220 9.4
    $4,000 or more 357 15.3
    Others 949 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2202 39.8
    Not in the labour force 1738 31.4
    Employed, worked part-time 1232 22.3
    Employed, away from work 231 4.2
    Unemployed, looking for work 126 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 692 18.9
    Professionals 1597 43.6
    Community & personal service workers 278 7.6
    Clerical & administrative workers 362 9.9
    Sales 295 8.1
    Others 439 12.0
    Occupation
    Census Count Percent(%)
    Pre-school 107 6.0
    Infants/Primary 618 34.5
    Secondary 379 21.1
    Technical or Further Educational Institution 75 4.2
    University or other Tertiary Institutions 574 32.0
    Others 39 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5030 77.4
    Flat, unit or apartment 819 12.6
    Semi-detached, row or terrace house, townhouse 649 10.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1090 41.5
    Rented 845 32.2
    Being purchased 678 25.8
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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