Suburb Profile Report for Cottesloe WA (6011)

Cottesloe House: Median price $1,937,500, Annual capital growth 1.12%, Number of sales 106, Weekly median advertised rent $988

Cottesloe Unit: Median price $708,000, Annual capital growth 0.15%, Number of sales 44, Weekly median advertised rent $490

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Cottesloe, 6011 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.91%

Across a shorter period, Cottesloe, 6011 has seen a median price increase of 1.97% over the last quarter.

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 Cottesloe, 6011. Typically our figures indicate that -6.90% is being offered, which puts this WA suburb at 1076th most discounted overall in Australia.

Situated 10.35km from the CBD, Cottesloe is one of Cottesloe (T) localities in the postcode 6011.

With a capital gain of -13.66% for the last 12 months, Cottesloe, 6011 has performed for property investments than its average annual 0.15% property growth over the last 5 years.

Over the longer term, Cottesloe has seen property prices show investors a 10.63% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Cottesloe is giving property investors an average Vendor Discount of around -6.44%. This puts suburb at number 69th in WA when ranking the most discounted suburbs.

In the last year 44 properties changed hands in Cottesloe, which puts it as the 36th most active market in WA when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$1,937,500 $708,000
1.97% -3.01%
-4.91% -13.66%
1.12% 0.15%
$988 $490
106 44
2.65% 3.60%
97.24 92.3939393939394

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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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