This property is Off Market
With an average age of 44, households expect an average monthly mortgage payment of $3,467 or a weekly rent payment of $500. The average family earns a weekly income of $3,694 with a typical household size of 2.1 and a 98.51% employment rate.
Consistent high demand relative to supply is a key feature in Cottesloe driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Cottesloe ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Cottesloe changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Cottesloe necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 4%)
Cottesloe a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Western Australia State average 54 / 100
Income
88 / 100
55 / 100
Industry
43 / 100
48 / 100
Population
30 / 100
35 / 100
House Prices
100 / 100
62 / 100
Jobs
22 / 100
17 / 100
Incidents Trend State Average
Mosman Park School For Deaf Children
Mosman Park, WA, 6012 State K-6
Cottesloe Primary School
Peppermint Grove, WA, 6011 State K-6
Christ Church Grammar School
Claremont, WA, 6010 Independent PP-12
The Beehive Montessori School
Mosman Park, WA, 6012 Independent PP-10
Mosman Park Primary School
Mosman Park, WA, 6012 State K-6
Iona Presentation College
Mosman Park, WA, 6012 Independent PP-12
Presbyterian Ladies' College
Peppermint Grove, WA, 6011 Independent PP-12
North Cottesloe Primary School
Cottesloe, WA, 6011 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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