Is it expensive to live in Maylands?

Buying in Maylands sits notably above local incomes. A median house price of $1,000,000 is about 11.9 times a typical local annual household income, based on the suburb's median weekly household income of $1,623 at the last Census. A median unit price of $560,000 is about 6.6 times that annual income. Looking at renting, the average house rent of $700 a week would take about 43% of a typical local household's weekly income, a large share, while the average unit rent of $580 a week would take about 36%, a sizeable share. On these figures, both buying and renting a house in Maylands is more stretched against local incomes than the unit options; whether that feels expensive depends on your own circumstances. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Maylands a good place to invest?

A striking split appears in Maylands: over the past 12 months house values rose 24.0% and unit values rose 21.8%, while unit rents increased 16.0% and house rents rose only 0.7%. Put another way, the movement for houses has been largely in capital growth rather than rental income, with house values rising strongly while house rents moved only marginally. For units, both sides moved up strongly, with unit values outpacing unit rents but rents also recording a substantial increase. 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.

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Maylands suburb profile

Maylands is an inner-eastern suburb of Perth near the Swan River, with riverside reserves and tree-lined streets. Housing mixes timber and interwar cottages with low-rise apartment infill, and residential pockets sit alongside light commercial strips and creative workshop spaces that give the area a lived-in, varied character.

A local centre of cafes, small shops and services runs along the main roads, supported by Maylands station on the Midland line and regular bus connections. Riverfront paths and neighbourhood parks provide space for walking and cycling, while major roads make the city and airport a short drive away.

Maylands property market performance

Current median dwelling price$780,000Past 3 months

Property growth+22.9%Past 12 months

Maylands' median house price is $1 million and house values rose sharply by 24.0% over the last 12 months; the median unit price is $560,000 and unit values rose strongly by 21.8% over the last 12 months. House values rose faster than unit values, and units sold more quickly, with a median time on market of 9 days over the last 12 months while houses took longer.

Maylands' unit rents rose steeply by 16.0% over the last 12 months, while unit values ran ahead of that increase.

	Houses	Units
Median price Past 3 months	$1M	$560K
Change in value Past 12 months	24.0%	21.8%
Sold Past 3 months	37	58
Median days on market Past 12 months	13	9
Average rent Past 12 months	$700	$580
Change in rent Past 12 months	0.7%	16.0%

5 year median price trend for houses and units

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Maylands demographics

Maylands is a community with couples without children at home and many renters.

Couples without children make up 51.9% of families while renters account for 50.2% of homes. At the 2021 Census, 13,199 people lived in Maylands.

Maylands and Western Australia

	Suburb	WA
Median age years	36	38
Median household income weekly	$1,623	$1,815
Couples with children share of families	32.3%	44.6%
Couples without children share of families	51.9%	38.8%
One-parent families share of families	13.1%	15.1%
Homes owned outright share of homes	18.6%	30.2%
Homes with a mortgage share of homes	31.2%	41.4%
Homes rented share of homes	50.2%	28.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Maylands infrastructure, key developments and investment opportunities

Maylands' Town Centre Streetscape Masterplan was endorsed by the City of Bayswater in July 2025; the masterplan proposes streetscape and pedestrian upgrades for Eighth Avenue, Whatley Crescent, Seventh Avenue and Guildford Road. The State-funded Maylands Road Improvements program that informed the plan closed the Caledonian Avenue level crossing on 15 April 2022 and installed protected bike lanes on Railway Parade in late 2022, with Hotham Bridge signal works completed in April 2025 and further Guildford Road intersection works funded for 2026–27 and 2027–28.

The Maylands Activity Centre Zone, guided by the Maylands Urban Design Framework, has been in place since the scheme amendment was approved in December 2011 and covers the area within 400 metres of Maylands train station. The redevelopment of the Maylands Waterland remained an outstanding capital commitment in the City’s 2023–24 annual report (2024). The City supported a State commitment to increase out-of-school-hours care at Maylands Peninsula Primary School to 60 places in Term 2 2026.

Suburbs near Maylands

Some popular suburbs near Maylands include:

How does Maylands compare to nearby suburbs?

Median house prices: Maylands’s median house price is 0.2% higher than Belmont’s.
Median unit prices: Maylands’s median unit price is 5.4% lower than Belmont’s.
House price growth: Over the past 12 months, house prices in Maylands have grown 3.7% higher than in Belmont.
Unit price growth: Over the past 12 months, unit prices in Maylands have grown 5.0% higher than in Belmont.
Selling speed for houses: Properties in Maylands are selling 43.5% faster than in Burswood.
Selling speed for units: Properties in Maylands are selling 52.6% faster than in Belmont.
Investment considerations: In Maylands, the rental yield for house is 9.8% lower than the Perth average, while the rental yield for units is 13.6% lower.
House price growth: Over the past 12 months, house prices in Maylands have grown 3.4% lower than the average rate of growth across Perth.
Unit price growth:Over the past 12 months, unit prices in Maylands have grown 15.5% lower than the average rate of growth for units across Perth.

Common questions about Maylands

Is Maylands a nice place to live?
Maylands is an inner eastern Perth suburb beside the Swan River with riverside reserves, a local centre of cafes and shops, and Maylands station on the Midland line.

The community includes couples without children at home and many renters, with couples without children making up 51.9% of families. Riverfront paths and neighbourhood parks provide space for walking and cycling, and a strip of shops, cafes and services along the main roads is served by the station and regular bus connections. Maylands' Town Centre Streetscape Masterplan was endorsed by the City of Bayswater and proposes streetscape and pedestrian upgrades on several main avenues.
Is it expensive to live in Maylands?
Buying in Maylands sits notably above local incomes. A median house price of $1,000,000 is about 11.9 times a typical local annual household income, based on the suburb's median weekly household income of $1,623 at the last Census. A median unit price of $560,000 is about 6.6 times that annual income. Looking at renting, the average house rent of $700 a week would take about 43% of a typical local household's weekly income, a large share, while the average unit rent of $580 a week would take about 36%, a sizeable share. On these figures, both buying and renting a house in Maylands is more stretched against local incomes than the unit options; whether that feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Maylands a good place to invest?
A striking split appears in Maylands: over the past 12 months house values rose 24.0% and unit values rose 21.8%, while unit rents increased 16.0% and house rents rose only 0.7%.

Put another way, the movement for houses has been largely in capital growth rather than rental income, with house values rising strongly while house rents moved only marginally. For units, both sides moved up strongly, with unit values outpacing unit rents but rents also recording a substantial increase.

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.

Choose the right real estate agents in Maylands

Currently, there are 147 real estate agents working in Maylands—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 147 agents sold 36.8% of all properties in Maylands over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Maylands typically charge a commission of 2% to 2.93%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

Get a head start and compare top local agents in Maylands

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