Suburb Profile Report for Peppermint Grove WA (6011)

Peppermint Grove House: Median price $3,200,000, Annual capital growth 6.93%, Number of sales 16, Weekly median advertised rent $900

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

Source: CoreLogic

  • House Report
  • Expert Report

If you compare the increase in value of investment property in Peppermint Grove, 6011 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this WA suburb was 10.34%.

Peppermint Grove6011 is located in WA which offers an average discount of -8.15% to property investors. Peppermint Grove itself is showing figures that indicate -13.14% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $900 mark per week – giving a return of 1.46% based on the median price in Suburb

Samantha Bevan Information supplied by:

Samantha Bevan
Olifents Real Estate

M (08) 9383 3022
O

W www.olifents.com.au
E samantha@olifents.com.au
Peppermint Grove is a niche area between the ocean and the river in Perth’s western suburbs. Adjacent to Cottesloe and Mosman Park, its biggest draw card is its proximity to some of Perth’s finest schools, including Presbyterian Ladies College, Iona Presentation College, Methodist Ladies’ College and Christ Church Grammar School.Full summary

Selling points: Peppermint Grove is a niche area between the ocean and the river in Perth’s western suburbs. Adjacent to Cottesloe and Mosman Park, its biggest draw card is its proximity to some of Perth’s finest schools, including Presbyterian Ladies College, Iona Presentation College, Methodist Ladies’ College and Christ Church Grammar School. 

Peppermint Grove is an affluent area, boasting a median sales price of almost $2,400,000.  The median rent (Jan-Mar 2012) was $1348.00, well above Perth’s median rental price of $425.00.

Most sought after properties: 4 bedroom 2 bathroom houses with a yard – best suited to families

Most common properties: Large high end luxury homes – approximately a quarter of the homes are tenant-occupied.

Top amenities: Schools, tree lined streets, walking distance to the river and to Cottesloe beach.  We are only a few hundred metres from Cottesloe Train Station which takes you straight into the city, and buses service Stirling Highway. 

Local industry and businesses: Private schools, families.  With a population of approximately 1500, over one third of these residents are children.

Recent changes: Many of the Council’s strategies and initiatives are specifically directed at helping to preserve, maintain and enhance the ambience of Peppermint Grove.  As a result, there has not been a lot in the way of major developments.

Best streets: In such a small pocket, all streets are sought after, and all areas of the suburb are within walking distance to schools, the river and shopping/cafes.  As you move east, away from  Stirling Highway and towards the river, it does become quieter and less busy.

Public transport: Excellent.  Located on Stirling Highway, which is a main artery to the city and to Fremantle, you have your choice of train or bus transport at regular intervals throughout the day.

Close
HOUSE UNIT
$3,200,000 N/A
N/A N/A
10.34% N/A
6.93% N/A
$900 N/A
16 N/A
1.46% N/A
173.08 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Peppermint Grove WA
Demographics
Total population 1528
Median household income ($/weekly) 2682
Median age of persons 40
Median housing loan repayment ($/monthly) 2113
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 257 16.8
    15-19 years 182 11.9
    35-44 years 126 8.2
    45-54 years 234 15.3
    55-64 years 215 14.1
    Others 514 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 596 57.9
    Not Married 386 37.5
    Defacto Relationship 47 4.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1030 73.8
    South Africa 35 2.5
    United Kingdom 120 8.6
    United States of America 22 1.6
    Other 49 3.5
    Others 139 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.8
    Christianity 1030 74.8
    Islam 10 0.7
    Judaism 13 0.9
    No Religion 299 21.7
    Others 14 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 36 9.0
    $2,500-$2,999 84 21.1
    $3,000-$3,499 34 8.5
    $3,500 -$3,999 26 6.5
    $4,000 or more 80 20.1
    Others 138 34.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 501 44.5
    Employed, worked full-time 326 29.0
    Employed, worked part-time 244 21.7
    Employed, away from work 35 3.1
    Unemployed, looking for work 19 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 139 23.0
    Professionals 249 41.2
    Community & personal service workers 42 6.9
    Clerical & administrative workers 58 9.6
    Sales 47 7.8
    Others 70 11.6
    Occupation
    Census Count Percent(%)
    Pre-school 15 2.9
    Infants/Primary 139 27.1
    Secondary 193 37.7
    Technical or Further Educational Institution 14 2.7
    University or other Tertiary Institutions 140 27.3
    Others 11 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1144 86.7
    Flat, unit or apartment 151 11.4
    Semi-detached, row or terrace house, townhouse 24 1.8
    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 247 51.4
    Being purchased 122 25.4
    Rented 109 22.7
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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