Maylands

POSTAL CODE: WA, 6051
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Based on its average 5-year and quarterly capital gains MAYLANDS, 6051 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MAYLANDS, 6051 obtained a 6.09% growth over a ten-year period. It ranks 2627th on our list of suburbs that property investors should look into.

MAYLANDS, 6051 in WA belongs to the local government area of Bayswater.

MAYLANDS, 6051 has a capital gain of 31.43% for the past year, which is higher than average compared to its 71% growth within a five-year period.

With the median home price in MAYLANDS sitting at $1,150,000, and the average rent at $750, property owners could potentially earn a 3.39% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MAYLANDS are low, as opposed to average gains per annum over the past five years.

Surburb overview

Maylands is a vibrant riverside suburb located approximately 4.5 kilometres northeast of Perth's central business district, within the City of Bayswater in Western Australia. Known for its rich history, diverse community, and thriving arts scene, Maylands offers a unique blend of cultural and recreational experiences. 

Established in the 1890s, Maylands has evolved from its early days as a clay source for brick and tile making to a dynamic suburb celebrated for its creativity and diversity. The area was once home to Perth's main airport until the early 1960s when the facilities were converted into a training area for the Western Australian Police Service. 

As of the 2021 census, Maylands had a population of 13,199 residents. The community comprises a mix of families, professionals, and artists, contributing to a diverse and inclusive demographic profile. 

Maylands has some of Perth’s best restaurants and cafes, the cutest small bars, and the most fabulous fashion boutiques. The Whatley Crescent café strip is one of the best in Perth, offering various dining options. 

The suburb boasts a vibrant arts community, with live music, public art, and laneway festivals adding to its lively atmosphere. The West Australian Ballet Centre and the WA Youth Jazz Orchestra are also in Maylands. 

The Maylands Foreshore Reserve offers picturesque river views, making it a favourite hangout for families and watersports enthusiasts. The area is also known for its laneways adorned with art murals, reflecting the town centre’s creativity. 

Maylands is well-served by public transportation. The Maylands Train Station is located on the Midland and Airport Lines, providing easy access to Perth's central business district and surrounding areas. Trains run every 10 minutes for most of the day, and it only takes 8 minutes to get to Maylands Train Station from Perth CBD. 

Maylands' combination of historical charm, cultural vibrancy, and convenient location make it a desirable suburb within the Perth metropolitan area.

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