Suburb Profile Report for Maylands WA (6051)

Maylands House: Median price $650,000, Annual capital growth 4.48%, Number of sales 105, Weekly median advertised rent $430

Maylands Unit: Median price $382,000, Annual capital growth 5.21%, Number of sales 209, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Maylands have tracked close to the WA average of -5.06% over the last 12 months.

Maylands,6051 has offered an average of -4.41% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Maylands are currently offering property investors an average price cut of -6.51% below the asking price at the moment.

Situated 4.55km from the CBD, Maylands is one of Bayswater localities in the postcode 6051.

Property value increases in Maylands have tracked close to the WA average of -3.52% over the last 12 months.

A 21.27% growth in median value for property investors in Maylands,6051 puts this suburb at number 58th in terms of best performing suburbs in WA

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 Maylands, 6051. Typically our figures indicate that -6.79% is being offered, which puts this WA suburb at 306th most discounted overall in Australia.

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Over the last year, property investments in Maylands, 6051 have given investors a capital gain of 18.89%. This compares very favourably with the 4.41% for WA as a whole.

Maylands,6051 has offered an average of 18.89% return per annum in house price rises to property investors over the last three years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.61% offered to property buyers. Sellers in Maylands itself are offering an average vendor discount of -7.38% to real estate investors.

On average over the past year, suburb has had 13.17 sales per month, which equates to 158 per year.

With the median price for a house in Maylands being $645000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.43%Full summary
Maylands is a unique suburb surrounded by the Swan River with a huge range of different properties ranging from 1 bedroom units prised from $200,000 to Big houses worth as much as $6,000,000 
 
Over the last year, property investments in Maylands, 6051 have given investors a capital gain of 18.89%. This compares very favourably with the 4.41% for WA as a whole.
 
Maylands,6051 has offered an average of 18.89% return per annum in house price rises to property investors over the last three years.
 
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.61% offered to property buyers. Sellers in Maylands itself are offering an average vendor discount of -7.38% to real estate investors.
 
On average over the past year, suburb has had 13.17 sales per month, which equates to 158 per year.
 
With the median price for a house in Maylands being $645000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.43%
 
Selling points:  Own Train station, surrounded by the Swan River, 6klm to Perth CBD, has its own Café Strip. Beautiful parks and walk ways along the river with city views. Good future prospects for Capital gains.  Boat yard &own yacht club.  New $21 Million Multi purpose centre on eighth ave.  
 
Most sought after properties: Villas, Town houses and Units. 
 
Most common properties: Villas & Town houses. 
 
Top amenities:  Major fast food chains, café strip, own train station, medical centre, Coles. Water park, bbq areas. 
 
Local industry and business: Cafes, Yacht club & Boat yard,  water park. Gym, chemist. 
 
Recent changes: Higher Zoning – several new café’s established. New $21 Million dollar multi purpose centre recently built.  Completion of the blind centre on whatley cress.   
 
Public transport: Maylands train station & plenty of Bus stops.  
 
Main arteries: Guildford rd & Whatley Cress

 

Close
HOUSE UNIT
$650,000 $382,000
-3.27% -1.80%
-4.41% -3.05%
4.48% 5.21%
$430 $300
105 209
3.44% 4.08%
68.5 85.47

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 12353
Median household income ($/weekly) 1220
Median age of persons 34
Median housing loan repayment ($/monthly) 1950
Average household size 2
  • Census Count Percent(%)
    20-24 years 1095 8.9
    25-34 years 3430 27.8
    35-44 years 2046 16.6
    45-54 years 1411 11.4
    55-64 years 1250 10.1
    Others 3121 25.3
    Age Group
    Census Count Percent(%)
    Not Married 4780 50.9
    Registered Married 3357 35.8
    Defacto Relationship 1250 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5971 53.2
    Indonesia 820 7.3
    Papua New Guinea 346 3.1
    United Kingdom 978 8.7
    Other 1097 9.8
    Others 2018 18.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 396 3.7
    Christianity 5783 53.6
    Hinduism 540 5.0
    Islam 406 3.8
    No Religion 3374 31.2
    Others 298 2.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 458 8.9
    $800-$999 479 9.3
    $1,000-$1,249 492 9.6
    $1,500-$1,999 591 11.5
    $2,500-$2,999 542 10.6
    Others 2572 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4774 48.4
    Not in the labour force 2485 25.2
    Employed, worked part-time 1832 18.6
    Unemployed, looking for work 398 4.0
    Employed, away from work 375 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 781 11.2
    Professionals 1989 28.5
    Technicians & trades workers 979 14.0
    Community & personal service workers 685 9.8
    Clerical & administrative workers 983 14.1
    Others 1565 22.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 498 22.3
    Secondary 250 11.2
    Technical or Further Educational Institution 429 19.2
    University or other Tertiary Institutions 775 34.7
    Other type of educational institution 146 6.5
    Others 135 6.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4237 38.4
    Separate house 4126 37.4
    Semi-detached, row or terrace house, townhouse 2665 24.1
    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 2912 52.5
    Being purchased 1623 29.3
    Fully owned 992 17.9
    Other tenure type 20 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals