Get a property report and suburb profile for any property in East Perth

East Perth sits on the Swan River and around Claisebrook Cove just east of the CBD, with a foreshore of modern apartment complexes, converted industrial buildings and pockets of early 20th century cottages. The suburb attracts people who want easy city access alongside waterfront walking and cycling, a marina and compact cafés and shops, and there are sporting venues such as the WACA nearby. Public transport is strong, with Claisebrook and East Perth stations linking the area to the city and regional services.

About 11,681 people live in East Perth, with a median age of 35 and a typical household income of $2,005 a week (about $104,260 a year). Families are weighted towards couples without children, roughly two in three, and renting is the predominant tenure at 62.8%. Major precinct works are under way, including repurposing the former Fraser Suites into social and affordable housing, community housing projects and upgrades to local community spaces, along with large nearby sports and training precinct projects and a new inner-city public primary school under construction. Whether East Perth suits you depends on the household type and housing situation you want.

In East Perth, housing costs look stretched against what a typical local household earned at the last Census. A house renting for $800 a week would take about 39.9% of that weekly household income and a unit at $750 a week about 37.4%, both a sizeable share. A unit priced at $680,000 is roughly 6.5 times a typical local household's annual income at the last Census, which places buying well above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Units have been the standout in East Perth this year: median unit values jumped 21.2% over the past 12 months and unit rents rose a solid 7.1%. Houses were much quieter in comparison, with median house values up a modest 3.8% and house rents edging up 1.3%.

For someone weighing East Perth as an investment, the value changes speak to capital growth and the rent changes speak to rental income. On the data for the past year, units outpaced houses on both counts, so which part of the market matters more will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.