Suburb Profile Report for Mosman Park WA (6012)

Mosman Park House: Median price $1,280,000, Annual capital growth 1.42%, Number of sales 91, Weekly median advertised rent $795

Mosman Park Unit: Median price $358,750, Annual capital growth 0.70%, Number of sales 34, Weekly median advertised rent $300

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Mosman Park has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -6.91% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mosman Park has fallen somewhat when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Mosman Park is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 93th in terms of most discounted suburbs in WA

Property investors should expect to get $795 weekly from the median priced house in this suburb.

At number 665th in the list of Australian suburbs ordered by increase in median house value over the last year, Mosman Park, 6012 is in the top half with a property value increase of -0.90% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Mosman Park comes in at number 28th in WA.

At number 9th of WA’s most discounted properties, Mosman Park is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
August 2015

M
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W
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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.
Metrics i HOUSE UNIT
$1,280,000 $358,750
0.23% -9.18%
-6.91% -0.90%
1.42% 0.70%
$795 $300
91 34
3.23% 4.35%
91.6376811594203 119.730769230769

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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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