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Mount Helena

POSTAL CODE: WA, 6082
HOUSE

MOUNT HELENA, 6082 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling MOUNT HELENA, 6082 values up and netting property investors a capital gain of 8.82% for the past year.

Investors saw the median home price rise to $925,000.

Profits due to an upward trend in home prices in the suburb averaged 14.84% per annum over a 3-year period.

MOUNT HELENA now ranks at the 398th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MOUNT HELENA, homes and units usually stay on listing for an average of 32.6 days.

In 2016, 59 properties were sold in MOUNT HELENA during the past year, making it the 118th most active market in WA based on total real estate transactions.

Surburb overview

Mount Helena, located approximately 35 kilometres east of Perth's central business district, is a suburb within the Shire of Mundaring. Established in the mid-1800s, it has evolved into a rural and residential community. 

As of the 2016 census, Mount Helena had a population of 3,185.  The suburb encompasses an area of 29 square kilometres. 

Originally known as White's Mill in 1882, the area was renamed Lion Mill in 1898 and later became Mount Helena in 1924. The local Progress Association initiated the name change to reflect the suburb's central location in the Helena River district. 

Mount Helena offers various amenities, including local shops, cafes, and recreational facilities. Educational institutions in the area comprise Mount Helena Primary School and Eastern Hills Senior High School, both situated on Keane Street East. 

The suburb provides access to several parks and reserves, offering opportunities for outdoor activities such as hiking, cycling, and picnicking. The Railway Reserves Heritage Trail passes through Mount Helena, providing scenic routes for walkers and cyclists. 

The property market in Mount Helena has experienced growth, with a median house price of approximately $820,000 as of December 2024. The suburb appeals to those seeking a semi-rural lifestyle with access to modern amenities. 

Mount Helena combines historical significance, natural beauty, and a family-friendly community, making it an attractive location for those seeking a balanced lifestyle near Perth.

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