About Mount Claremont

Mount Claremont, located approximately 9 km west of Perth’s central business district, is a prestigious suburb known for its leafy streets, expansive homes, and proximity to parks and reserves. The area offers excellent public transport links, including railway stations at Karrakatta and Loch Street, and is home to institutions such as Mount Claremont Primary School and John XXIII College.

Property Market Overview:

• Median Property Prices: Over the past year, Mount Claremont has experienced significant growth in property values. The median house price is approximately $2.2 million, with annual growth of 22.2%. The median price for a 3-bedroom house is around $1.776 million, while a 4-bedroom house averages $2.5 million.

• Rental Market: The rental market in Mount Claremont is robust. Houses rent for a median of $1,200 per week, yielding an annual rental return of about 3.3%. The median weekly rent for houses is $1,250, with a rental yield of 3.18%.

• Market Activity: In the past 12 months, Mount Claremont has seen 65 house sales and 8 unit sales. Houses typically spend an average of 11 days on the market, indicating strong demand. ​

Demographics and Lifestyle:

With a population of approximately 4,616, Mount Claremont offers a suburban environment with convenient access to Perth’s amenities. The suburb boasts local shopping centres such as Mount Claremont Shopping Centre and is well-served by public transport, with bus services connecting residents to nearby train stations

Investment Insights:

Mount Claremont’s impressive property value growth, coupled with strong rental yields and a dynamic rental market, positions it as an attractive prospect for property investors. The low average days on market further underscore its investment potential. Additionally, the suburb’s proximity to parks, reputable schools, and public transport, along with ongoing development, suggest a positive outlook for future capital growth and rental demand.