Question 1

Is Peppermint Grove a nice place to live?

Accepted Answer

Peppermint Grove is a compact, leafy riverside suburb on the Swan River, known for large private blocks and a mix of handsome Federation and interwar cottages alongside modern waterfront homes. It feels quietly residential, with mature gardens, a small village atmosphere around the local shops and easy access to the river foreshore for walking and boating. Stirling Highway runs nearby and the Fremantle train line has stations close at hand, making the suburb convenient for city and Fremantle commutes. The community has 1,597 people, a median age of 42 and a median household income of $4,565 a week.

Most homes are owner-occupied (79.3%) and families predominate, with couple families with and without children making up the large majority. That mix, together with proximity to Cottesloe’s beaches and cafes and local facilities such as the Grove Library and the Shire office, suits people after privacy and river views in an established setting. Precinct planning around Cottesloe Village and nearby station precincts and foreshore planning for Keane’s Point Reserve mean local facilities and transport are under active review. Whether Peppermint Grove fits you will depend on what you value in a suburb.

Question 2

Is it expensive to live in Peppermint Grove?

Accepted Answer

Rents in Peppermint Grove sit unevenly against local incomes as recorded at the most recent Census. Against a typical local household income of $4,565 a week, a house rent of $1,825 a week would take about 40% of that weekly income, a sizeable share, while a unit rent of $570 a week would take about 12.5%, a modest share. Whether that feels expensive will depend 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.

Question 3

Is Peppermint Grove a good place to invest?

Accepted Answer

The most striking movement this year in Peppermint Grove is house values, which climbed 51.7% over the past 12 months — a strong rise in what a house here is worth. Over the same period the rent those houses earn fell 8.8%, a solid decline, and unit rents fell 4.2%, a modest fall.

Put simply, the figures show strong capital growth for houses over the year while rental income from both houses and units declined. Whether that pattern suits your investment goals depends on your priorities 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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	51.7%	N/A
Sold Past 3 months	3	1
Median days on market Past 12 months	37	N/A
Average rent Past 12 months	$1825	$570
Change in rent Past 12 months	-8.8%	-4.2%

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