Suburb Profile Report for Cottesloe WA (6011)

Cottesloe House: Median price $1,900,000, Annual capital growth 0.97%, Number of sales 108, Weekly median advertised rent $800

Cottesloe Unit: Median price $645,000, Annual capital growth -1.22%, Number of sales 44, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Cottesloe have tracked higher than the WA average of -3.83% over the last 12 months.

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

At number 87th of WA’s most discounted properties, Cottesloe is in the bottom 30% of the state/territory when listing in order of most discounted to least.

The WA suburb of Cottesloe, 6011 is in the Cottesloe local government area.

Investment property in Cottesloe has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -17.83%

Cottesloe,6011 has offered an average of -17.83% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Cottesloe is offering property investors an average of -8.71. This rate of discount on properties puts Suburb at number 57th in terms of most discounted suburbs in WA

Often selling an investment property can take time, and in Cottesloe the average time real estate has been on the market is 121.74 days.

A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at -1.22%.

Metrics i HOUSE UNIT
$1,900,000 $645,000
5.56% -11.64%
8.57% -17.83%
0.97% -1.22%
$800 $460
108 44
2.19% 3.71%
76.18 121.74

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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