
Claremont
About Claremont
Claremont, an affluent suburb located approximately 9 kilometres west of Perth’s central business district, is renowned for its heritage charm, upscale shopping precincts, and proximity to the Swan River. These attributes contribute to its strong appeal among property investors seeking premium opportunities.
Property Market Overview:
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Median Property Prices: Over the past year, Claremont has experienced notable growth in property values. The median house price is approximately $2,268,888, while units have a median price around $840,000.
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Rental Market: The rental market in Claremont is robust. Houses rent for a median of $1,250 per week, yielding an annual rental return of about 3.1%. Units have a median rent of $700 per week, offering a rental yield of approximately 5.1%.
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Market Activity: In the past 12 months, there were 108 house sales, with properties spending an average of 15 days on the market, indicating high demand.
Demographics and Lifestyle:
Claremont has a population of approximately 8,148 residents. The suburb offers a variety of amenities, including the Claremont Shopping Centre, and is serviced by the Loch Street and Claremont train stations, as well as local bus services.
Investment Insights:
Claremont’s consistent property value growth, coupled with its desirable location and strong rental yields, positions it as an attractive prospect for property investors. The low average days on market further underscore its investment potential.
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