Suburb Profile Report for Cottesloe WA (6011)

Cottesloe House: Median price $1,700,000, Annual capital growth 2.77%, Number of sales 112, Weekly median advertised rent $850

Cottesloe Unit: Median price $740,000, Annual capital growth 2.11%, Number of sales 59, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report
  • Unit Report

Cottesloe, 6011 ranked 233th in WA when comparing growth in median property values or capital gain over the last 12 months. Cottesloe is one of 1662 in our list for WA

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

Cottesloe, 6011 is offering WA ‘s 58th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.

In the last year 112 properties changed hands in Cottesloe, which puts it as the 90th most active market in WA when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $10200 per annum or $850 every week.

Property investors who have had real estate in Cottesloe, 6011 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.07%

Comparing Cottesloe,6011 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Cottesloe, 6011 is offering WA ‘s 17th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.

Residents and property investors in Cottesloe have been waiting around 114 days to sell a property.

Using the current median advertised rental of $495 and the average annual increase in value of a median property of 2.11%, investors should hope to achieve an overall return of 3.48%

HOUSE UNIT
$1,700,000 $740,000
0.00% -2.95%
-5.56% -8.07%
2.77% 2.11%
$850 $495
112 59
2.60% 3.48%
106.75 114

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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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