Mount Pleasant

POSTAL CODE: WA, 6153
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Property investors enjoyed capital gains of 16.18% over the last 12 months in MOUNT PLEASANT, translating to lower returns compared with its peers in WA.

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

The suburb posted a 57.12% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $970 based on current median home prices for the suburb.

On average, rents on listings have reached the $970 mark, reflecting a 2.47% increase in returns based on the current median price in MOUNT PLEASANT.

MOUNT PLEASANT, 6153 ranks 186th in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 375th on the list of best yielding suburbs for rental properties in WA, posting a 2.47% return.

Surburb overview

Mount Pleasant is a riverside suburb in Melville, approximately 10 kilometres south of Perth's central business district.

As of the 2021 Census, it had a population of 7,456 residents, with a median age of 43.

The suburb exhibits a diverse demographic, with 59.7% of residents born in Australia, and notable communities from England (7.1%), Malaysia (4.2%), and China (2.3%).

Several bus routes, including the 115, 160, and 910, facilitate public transportation in Mount Pleasant. These routes connect to Perth CBD and the surrounding areas.

The Canning Bridge Station, situated on the suburb's northern edge, provides access to the Mandurah train line, enhancing commuter connectivity.

Essential establishments within the suburb include Mount Pleasant Primary School, known for its educational standards, and Queens Road Surgery, offering general medical services.

Residents nearby have access to the Garden City Shopping Centre in Booragoon, which offers a range of retail and dining options.

Recreational activities are abundant, with Deep Water Point Reserve offering boating, kayaking, and riverside picnic facilities.

The Mt Henry Bridge Reserve features playgrounds and exercise equipment, catering to various age groups.

Additionally, the area boasts several parks and walking trails, promoting an active lifestyle among residents. 

Mount Pleasant's combination of accessible public transport, essential amenities, and recreational spaces contributes to its residential appeal.

The suburb's demographic diversity and proximity to Perth CBD make it a notable area within Western Australia's urban landscape.

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