Suburb Profile Report for Mount Hawthorn WA (6016)

Mount Hawthorn House: Median price $878,000, Annual capital growth 4.66%, Number of sales 104, Weekly median advertised rent $480

Mount Hawthorn Unit: Median price $535,000, Annual capital growth 6.02%, Number of sales 21, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Mount Hawthorn, 6016 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 2.39%.

Taking the average capital gain, or increase in median house value, Mount Hawthorn,6016 has racked up an average of 2.39% over the period. This ranks it number 2952th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Hawthorn, 6016. Typically our figures indicate that -7.49% is being offered, which puts this WA suburb at 982th most discounted overall in Australia.

Property investors should expect to get $480 weekly from the median priced house in this suburb.

Property value increases in Mount Hawthorn have tracked higher than the WA average of -3.52% over the last 12 months.

Mount Hawthorn,6016 has offered an average of 10.18% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Mount Hawthorn are currently offering property investors an average price cut of -7.13% below the asking price at the moment.

Residents and property investors in Mount Hawthorn have been waiting around 113.5 days to sell a property.

Damian Collins Information supplied by:

Damian Collins
Momentum Wealth

M 0412 876 851
O

W http://www.momentumwealth.com.au/
E damianc@momentumwealth.com.au
Mount Hawthorn is an average performer in WA when comparing median price capital growth over the last year. Mount Hawthorn gave property investors a average capital gain figure when compared to the rest of the state, with 4.00%.

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Hawthorn comes in at number 202th in WA.

Mount Hawthorn, 6016 is offering WA ‘s 365th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.

Mount Hawthorn is 342th on a list of best yielding suburbs for rents in WA with a 3.75% returnFull summary
Mount Hawthorn is an average performer in WA when comparing median price capital growth over the last year. Mount Hawthorn gave property investors a average capital gain figure when compared to the rest of the state, with 4.00%.
 
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Hawthorn comes in at number 202th in WA.
 
Mount Hawthorn, 6016 is offering WA ‘s 365th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this WA.
 
Mount Hawthorn is 342th on a list of best yielding suburbs for rents in WA with a 3.75% return.
 
Selling points: 
Mount Hawthorn’s largest selling point is the fact it is an inner city suburb in very close proximity to the Perth CBD as well as being located in close proximity to the Mitchell Freeway (Perth’s largest Freeway) offering great accessibility. The area has many character houses which create an inviting and homely atmosphere along with having an activity strip along Scarborough Beach Road.
 
Most sought-after properties: 
Older aged character houses on larger blocks of 600+ square metres. 
 
Most common properties:  
The area is dominated by older aged character houses on 500sqm blocks. 
 
Top amenities: 
The train line at the north-west of the suburb is a great access link to the CBD. The activity strip along Scarborough Beach Road features many retail and office land uses which service the area. Leederville which is a renowned café strip and activity centre is located just south of the suburb. 
 
Local industry and business:
The commercial/retail zone on Scarborough Beach Road, as well as the Osborne Park Industrial zone is the two major employment centres for the area. A large portion of the population of the suburb would find employment in the CBD as it is in very close proximity. 
 
Recent changes: 
A plan is in place to fully utilise the activity strip along Scarborough Beach Road. This is done through draft rezoning and through increasing building height. A mix of residential and commercial is the desired result along Scarborough Beach Road creating a vibrant mixed activity strip. 
 
Best streets: 
The streets in short walking distance to the train station and to the Mount Hawthorn Neighbourhood Centre on Scarborough Beach Road are the best streets in the suburb.
 
Public transport: 
About 7 out of 10. The train is a short walk from the north-western portion of the suburb. Buses service the suburb well with high frequency bus routes down Scarborough Beach Road and Green Street.
 
Main arteries: 
The suburb abuts the Mitchell Freeway offering great accessibility in to the CBD. Scarborough Beach Road dissects the suburb and is a major activity strip offering retail land uses and good public transport. Green Street to the north of the suburb is a busy road leading from Glendalough Station to the Dog Swamp Shopping Centre.

 

Close
HOUSE UNIT
$878,000 $535,000
0.34% -2.32%
2.39% 10.18%
4.66% 6.02%
$480 $450
104 21
2.84% 4.37%
85.85 113.5

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
Find a mortgage broker in Mount Hawthorn WA
Demographics
Total population 7357
Median household income ($/weekly) 1957
Median age of persons 35
Median housing loan repayment ($/monthly) 2200
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 652 8.9
    5-14 years 959 13.0
    25-34 years 1147 15.6
    35-44 years 1475 20.0
    45-54 years 1062 14.4
    Others 2062 28.0
    Age Group
    Census Count Percent(%)
    Registered Married 2447 46.8
    Not Married 2181 41.7
    Defacto Relationship 602 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4875 69.8
    Japan 207 3.0
    Papua New Guinea 151 2.2
    United Kingdom 554 7.9
    Other 256 3.7
    Others 939 13.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 150 2.2
    Christianity 4185 61.8
    Islam 66 1.0
    Other Religious Groups 76 1.1
    No Religion 2208 32.6
    Others 89 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 253 10.4
    $2,000-$2,499 208 8.5
    $2,500-$2,999 401 16.5
    $3,000-$3,499 232 9.5
    $4,000 or more 254 10.4
    Others 1089 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2529 46.5
    Not in the labour force 1342 24.7
    Employed, worked part-time 1224 22.5
    Employed, away from work 222 4.1
    Unemployed, looking for work 123 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 609 15.3
    Professionals 1430 36.0
    Technicians & trades workers 447 11.3
    Community & personal service workers 320 8.1
    Clerical & administrative workers 530 13.3
    Others 637 16.0
    Occupation
    Census Count Percent(%)
    Pre-school 168 9.2
    Infants/Primary 695 38.2
    Secondary 337 18.5
    Technical or Further Educational Institution 129 7.1
    University or other Tertiary Institutions 426 23.4
    Others 66 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5989 86.7
    Semi-detached, row or terrace house, townhouse 749 10.8
    Flat, unit or apartment 162 2.3
    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(%)
    Being purchased 1075 40.2
    Rented 800 29.9
    Fully owned 787 29.4
    Other tenure type 12 0.4
    Tenure Type
Census 2011, ABS
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