Suburb Profile Report for Mosman Park WA (6012)

Mosman Park House: Median price $1,400,000, Annual capital growth -0.17%, Number of sales 91, Weekly median advertised rent $625

Mosman Park Unit: Median price $348,750, Annual capital growth 1.10%, Number of sales 35, Weekly median advertised rent $300

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

Property value increases in Mosman Park have tracked higher than the WA average of -1.92% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Mosman Park comes in at number 70th in WA.

Vendor discounting in Mosman Park is giving property investors an average Vendor Discount of around -9.36%. This puts suburb at number 79th in WA when ranking the most discounted suburbs.

In the last year 91 properties changed hands in Mosman Park, which puts it as the 119th most active market in WA when comparing the number of sales per suburb.

A $625 per week rent on the median house gives suburb investors a gross yield of circa 2.32%, without taking into account capital value appreciation, which has been averaging out at -0.17%.

Investment property in Mosman Park has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.22%

Taking the average capital gain, or increase in median house value, Mosman Park,6012 has racked up an average of -8.22% over the period. This ranks it number 1425th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Mosman Park should be aiming for at least -6.32% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 35 properties changed hands in Mosman Park, which puts it as the 50th most active market in WA when comparing the number of sales per suburb.

Situated 11.48km from the CBD, Mosman Park is one of Mosman Park (T) localities in the postcode 6012.

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
$1,400,000 $348,750
7.69% -3.66%
7.69% -8.22%
-0.17% 1.10%
$625 $300
91 35
2.32% 4.47%
70.44 114

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (H), Balanced (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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