Mount Pleasant suburb profile
Mount Pleasant is a picturesque riverside suburb located approximately 9km south of Perth's CBD, offering a serene and affluent lifestyle. Nestled along the banks of the Swan River, it is renowned for its stunning river views, leafy streets, and high-quality residential properties. The suburb is popular among families and professionals seeking a peaceful yet convenient location, with easy access to the city and nearby amenities. Mount Pleasant boasts excellent schools, parks, and recreational facilities, making it an ideal place for outdoor activities. Its blend of natural beauty and modern conveniences ensures its continued appeal to residents and investors alike.
Mount Pleasant property market performance
Current median dwelling price$1,632,500Past 3 months
Property growth+10.8%Past 12 months
Mount Pleasant’s property market has experienced significant growth over the past 12 months, with house values increasing by 19.9% and unit values rising by 18.5%. The median house price has reached $2.4 million, while units have averaged $975,000, indicating strong demand across both property types.
Sales activity has been robust, with 24 houses and 12 units sold in the past 12 months. Houses are selling quickly, with a median of just 17 days on the market, compared to 25 days for units, suggesting a competitive market environment.
In the rental market, house rents have remained stable over the last 12 months, while unit rents have increased by 9.3%, reflecting a growing demand for rental units in Mount Pleasant.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $2.29M | $975K |
Change in value Past 12 months | 16.4% | 5.2% |
Sold Past 3 months | 21 | 11 |
Median days on market Past 12 months | 18 | 25 |
Average rent Past 12 months | $900 | $798 |
Change in rent Past 12 months | -5.3% | 6.4% |
5 year median price trend for houses and units
Mount Pleasant demographics
Mount Pleasant, located in the southern suburbs of Perth, is a picturesque and affluent area known for its family-friendly environment and scenic views of the Swan River. With a population of 7,456, the suburb boasts a median age of 43, indicating a mature community that values stability and comfort. The area is particularly appealing to families, with 45.9% of households being couple families with children, and 43.4% being couple families without children, reflecting a balanced mix of family dynamics.
The suburb's high median total household income of $2,401 per week underscores its status as a prosperous community. Property ownership is a significant feature of Mount Pleasant, with 43.6% of homes owned outright and 33.6% owned with a mortgage, indicating a strong sense of permanence and investment in the area. Only 22.7% of properties are rented, which is relatively low compared to other suburbs, highlighting the preference for home ownership among residents.
Mount Pleasant's appeal is further enhanced by its proximity to quality schools, parks, and recreational facilities, making it an ideal location for families seeking a serene yet connected lifestyle. The suburb's blend of natural beauty, community spirit, and convenient amenities makes it a highly desirable place to live for those seeking a harmonious balance between work and leisure.
Mount Pleasant infrastructure, key developments and investment opportunities
Mount Pleasant is benefiting from its ongoing transformation along the Canning River foreshore, with higher-density mixed-use and apartment projects near the river and Canning Highway increasing local housing choice and supporting nearby cafés, shops and professional services. Upgrades and intensification around key intersections on Canning Highway and improved access to Kwinana Freeway continue to enhance connectivity to the CBD and major employment centres, which generally supports buyer interest and underpins premium pricing in the suburb.
The suburb’s proximity to established schools in neighbouring areas, major shopping at Garden City in Booragoon and riverside recreation areas remains a key drawcard for families and professionals, reinforcing Mount Pleasant’s reputation as an affluent, tightly held area. There are currently no widely publicised, large-scale new infrastructure or school projects within Mount Pleasant itself, so near-term property market dynamics are likely to be driven more by broader Perth conditions and gradual infill development than by any single transformative project.
Mount Pleasant rental market trends
The rental market in Mount Pleasant has shown stability for houses, with no change in rents over the past year, maintaining a median of $900 per week. In contrast, unit rents have experienced a notable increase of 9.3%, reaching $820 per week. This suburb continues to attract interest, particularly for unit rentals, offering a balanced mix of affordability and lifestyle appeal.
Suburbs near Mount Pleasant
Some popular suburbs near Mount Pleasant include:
How does Mount Pleasant compare to nearby suburbs?
- Median house prices: Mount Pleasant’s median house price is 34.3% higher than Booragoon’s.
- Median unit prices: Mount Pleasant’s median unit price is 29.1% lower than Applecross’s.
- House price growth: Over the past 12 months, house prices in Mount Pleasant have grown 15.9% higher than in Applecross.
- Unit price growth: Property prices in nearby Booragoon have risen 6.6% more than in Mount Pleasant over the past year.
- Selling speed for houses: Properties in Mount Pleasant are selling 33.3% faster than in Applecross.
- Selling speed for units: Properties in Mount Pleasant are selling 45.7% faster than in Applecross.
- Investment considerations: In Mount Pleasant, the rental yield for house is 17.5% higher than the Perth average, while the rental yield for units is 20.4% higher.
- House price growth: Over the past 12 months, house prices in Mount Pleasant have grown 101.9% higher than the average rate of growth across Perth.
- Unit price growth:Over the past 12 months, unit prices in Mount Pleasant have grown 76.5% higher than the average rate of growth for units across Perth.

