East Perth

About East Perth

​East Perth, located just 2 km from Perth’s central business district, is a dynamic suburb known for its blend of residential, commercial, and recreational spaces. Its proximity to the city, along with amenities like the WACA cricket ground and Claisebrook Cove, make it a desirable location for both residents and investors.

Property Market Overview:

• Median Property Prices: Over the past year, East Perth has seen significant growth in property values. The median house price is approximately $1,263,500, while units have a median price around $540,000.

• Rental Market: The rental market in East Perth is robust. Houses rent for a median of $810 per week, yielding an annual rental return of about 3.8%. Units have a median rent of $650 per week, offering a rental yield of approximately 6.8%.

• Market Activity: In the past 12 months, East Perth has experienced a sales growth rate of 16.8%. However, the median rental price has seen a slight decline of 6.7%.

Demographics and Lifestyle:

With a population of approximately 10,596 residents, East Perth offers a vibrant lifestyle with a variety of eateries, sporting venues, and recreational facilities. The suburb is well-connected by public transport, with train stations like Claisebrook and McIver, and bus services from the Perth Bus Depot, enhancing its appeal to commuters and residents alike.

Investment Insights:

East Perth’s combination of strong rental yields, significant property value growth, and proximity to Perth’s CBD positions it as an attractive prospect for property investors. The diverse mix of residential and commercial properties, along with ongoing urban development, suggests a positive outlook for the suburb’s real estate market.