Get a property report and suburb profile for any property in Mount Pleasant

Mount Pleasant sits on the southern bank of the Swan River with elevated streets, riverside reserves and a leafy, suburban feel. Housing ranges from mid-century brick cottages and single-storey homes to modern renovations and contemporary rebuilds that take advantage of river outlooks. Parkland, foreshore paths for walking, cycling and boating, nearby Applecross shops and the retail strip along Canning Highway, plus regular bus services, make day-to-day errands and getting around straightforward.

The suburb is home to 7,456 people with a median age of 43 and is weighted towards families, particularly couple families with and without children. Most homes are owner-occupied, with a combined 77.2% owned outright or with a mortgage and renters at 22.7%. Planned local improvements include a river-edge public open space on The Esplanade and an upgrade and expansion of Mount Pleasant Primary School, while reserves such as Deep Water Point Reserve and Blue Gum Lake remain local features.

A median house price of $2,205,000 in Mount Pleasant 6153 works out to about 17.7 times a typical local annual household income at the last Census, so buying sits well above local incomes on these figures.

Rents are also a sizeable share of income: $900 a week for houses is about 37.5% of a typical local household's weekly income at the last Census, and $825 a week for units is about 34.3%. If you're renting rather than buying, those rent shares are the most relevant measures.

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

Over the past 12 months Mount Pleasant’s house and unit markets moved in different directions. House values climbed 16.9%, a strong rise, while house rents fell 7.2%. By contrast, unit values slipped 2.1% and unit rents rose 10.0%, a strong increase.

For someone weighing Mount Pleasant up as an investment, the value figures represent capital growth and the rent figures represent rental income. That means house owners saw strong capital growth over the year even as the rent those houses earned fell, while unit owners experienced a modest fall in value alongside a strong rise in rental income. Whether that balance fits your goals and circumstances is for you to decide.

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.