Suburb Profile Report for Mosman Park WA (6012)

Mosman Park House: Median price $1,285,000, Annual capital growth -0.41%, Number of sales 132, Weekly median advertised rent $750

Mosman Park Unit: Median price $370,000, Annual capital growth 1.96%, Number of sales 37, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Mosman Park, 6012 have given investors a capital gain of -2.02%. This compares favourably with the -3.58% for WA as a whole.

While Mosman Park,6012 ranked number 193th in WA for increase in median house value (annualised) increase, it is ranked 238th over the last 5 years.

Property buyers and investors in Mosman Park 6012 should be seeing an average reduction in asking price of around -7.88% . This means that Mosman Park is holding prices well when compared to other suburbs in WA.

Mosman Park, 6012’s gross rental yield is 3.04%

With a capital gain of -2.63% for the last 12 months, Mosman Park, 6012 has performed for property investments than its average annual 1.96% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Mosman Park,6012 has racked up an average of -2.63% over the period. This ranks it number 1517th in the whole country for real estate investors looking at median house price increases.

Mosman Park6012 is located in WA which offers an average discount of -8.85% to property investors. Mosman Park itself is showing figures that indicate -7.81% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.

With the median price for a house in Mosman Park being $370000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.22%

YIP MAG Information supplied by:

YIP MAG
August 2015

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Nestled between the Indian Ocean and Swan River, Mosman Park is a family suburb just 11km southwest of Perth.Full summary Nestled between the Indian Ocean and Swan River, Mosman Park is a family suburb just 11km southwest of Perth.

Transport is excellent thanks to the buses, and the Mosman Park and Victoria Street train stations.
It is also close to some of Perth’s most sought-after schools, including Iona Presentation College and Presbyterian Ladies College.

In addition to the beach and the river, there are beautiful parks that add to the list of reasons why people are willing to pay over $1m for houses in this suburb.

For units, rental statistics are looking pretty good: the gross rental yield is a healthy 5% and the vacancy rate is 2.86%.

There are two-bedroom apartments on Wellington Street (towards the Indian Ocean) with balconies and lovely water views.

These are available for less than $450,000. They are also close to shops, buses, the train station and the beach.Close
Metrics i HOUSE UNIT
$1,285,000 $370,000
-0.58% -7.50%
-2.02% -2.63%
-0.41% 1.96%
$750 $300
132 37
3.04% 4.22%
100.52 94.89

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 8598
Median household income ($/weekly) 1497
Median age of persons 38
Median housing loan repayment ($/monthly) 2563
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1059 12.3
    25-34 years 1134 13.2
    35-44 years 1115 13.0
    45-54 years 1197 13.9
    55-64 years 1045 12.2
    Others 3047 35.4
    Age Group
    Census Count Percent(%)
    Not Married 2806 45.8
    Registered Married 2715 44.3
    Defacto Relationship 603 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5272 65.2
    Papua New Guinea 223 2.8
    South Africa 159 2.0
    United Kingdom 910 11.3
    Other 486 6.0
    Others 1030 12.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 150 1.9
    Christianity 5204 67.2
    Hinduism 93 1.2
    Islam 80 1.0
    No Religion 2149 27.7
    Others 70 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 222 7.5
    $400-$599 242 8.2
    $1,500-$1,999 244 8.2
    $2,500-$2,999 410 13.8
    $4,000 or more 314 10.6
    Others 1537 51.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2405 36.1
    Not in the labour force 2358 35.4
    Employed, worked part-time 1483 22.3
    Employed, away from work 230 3.5
    Unemployed, looking for work 189 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 656 15.9
    Professionals 1525 37.0
    Community & personal service workers 388 9.4
    Clerical & administrative workers 486 11.8
    Sales 372 9.0
    Others 696 16.9
    Occupation
    Census Count Percent(%)
    Pre-school 91 3.9
    Infants/Primary 670 29.0
    Secondary 665 28.8
    Technical or Further Educational Institution 152 6.6
    University or other Tertiary Institutions 686 29.7
    Others 45 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5531 72.6
    Flat, unit or apartment 1365 17.9
    Semi-detached, row or terrace house, townhouse 718 9.4
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1259 38.5
    Fully owned 1092 33.4
    Being purchased 884 27.0
    Other tenure type 37 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals