Mount Hawthorn is a moderately sized suburb in Western Australia within the Vincent local government area (postcode 6016). With a population of 8,183, the suburb has a blend of families and working-age professionals with a median age of 37. Households earn a median income of $150K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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, Irish.
Median house prices in Mount Hawthorn stand at $1.3 million, having grown strongly by 8.3% over the last twelve months. Units have a median price of $620,000 (+19.7% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,518.
Mount Hawthorn is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1094, which is above the national average of 1,000. Public transport access includes 45 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, Gross rental yield sits at around 3.0% (moderate yield). Property prices are above the state median ($1.3M/$951K), placing it in the premium segment. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +8.3% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.