With a capital gain of 2.41% for the last 12 months, Mount Pleasant, 6153 has performed for property investments than its average annual 3.67% property growth over the last 5 years.
The five-year average increase in median property values for Mount Pleasant,6153 has given property investors a potential capital gain of 10.16% across each of those five years.
At number 294th of WA’s most discounted properties, Mount Pleasant is in the TOP 30% of the state/territory when listing in order of most discounted to least.
With a capital gain of 17.10% for the last 12 months, Mount Pleasant, 6153 has performed for property investments than its average annual 3.49% property growth over the last 5 years.
Over the longer term, Mount Pleasant has seen property prices show investors a -4.40% return over the last 3 years. This is an improvement over the last 12 months
With the median price for a house in Mount Pleasant being $695000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.37%
Information supplied by:
Over 100 houses on the market
Median house price: $1,260,000
Stock on market: 29.9%
12-month growth: 16.7%
A sought-after suburb of Perth, Mount Pleasant is a premium suburb that offers a wonderful view of the Swan River. In the year to May 2019, housing stock increased to over 100.
The suburb is home to a couple of primary schools, while Applecross Senior High School is located in nearby Ardross. Cycle paths wind around the freeway, and Deep Water Point is a beloved recreational spot for families. Neighbouring Booragoon is home to the Garden City shopping centre, although Mount Pleasant residents can also find supermarkets within the suburb.
There is a strong community feel in the suburb, and there is easy access to the city. Curtin University is roughly 10 minutes away by car.