Cottesloe (postcode 6011) is a mid-sized suburb in Western Australia within the Cottesloe local government area. It is home to about 7,750 residents, with a settled mid-life population and a median age of 44. Households earn a median income of $174K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Scottish.
The median house price in Cottesloe is $3.4 million, having climbed sharply by 12.2% over the past year. Units have a median price of $1.2 million (+39.9% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $3,925.
Cottesloe is served by 1 school, including 1 primary. The average ICSEA score is 1164, which is well above the national average of 1,000. Public transport access includes 31 bus stops.
From an investment perspective, Cottesloe shows a gross rental yield of approximately 1.7%, rated as low yield. Property prices are above the state median ($3.4M/$951K), placing it in the premium segment. The price-to-income ratio of 19.6x is considered stretched. House prices have moved +12.2% year-on-year. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.