HOVEA
Investor score
73
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
—
no recent data
Rent yield
5.0%
rent real · price estimated
Annual growth
11.6%
modelled estimate
Vacancy rate
1.3%
modelled estimate
AI insights for HOVEA
Investment analysis, risks & comparisons
HOVEA shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$820/wk
WA Bond Authority · Mar 2026
Demand change
+10.2%
annual shift
Yield × growth index
8.3
combined signal
Net yield (est.)
3.50%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+9.6%
est. compound, long-run avg
10-yr growth (CAGR)
+4.5%
est. compound, long-run avg
Rental demand
70 / 100
Very high rental demand
Supply pipeline
Est.2.8%
new dwellings approved / stock · Modelled estimate
Moderate supply
5-year price history
No price history available.
Market overview
HOVEA is a metropolitan WA suburb with strong capital growth momentum and high rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro WA suburb with strong infrastructure and transport
- Strong rental yield of 5.0%
- High annual growth of 11.6% — outperforming state average
- Very low vacancy rate — high rental demand
Risk factors
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$2,163/wk
$88k taxable p.a.
Renters
6.1%
92.1% owner-occupier
Median age
47.0 yrs
Unemployment
2.1%
Population growth
+3.0% p.a.
Investor-owned
16.0%
of all dwellings (ATO)
Houses
54%
29% apartments
Degree qualified
38.8%
bachelor's or higher (ABS)
Work from home
21.6%
of employed residents (ABS Census)
Median lot size
750 m²
Large block
Household size
2.4 persons
avg per dwelling (ABS Census)
Short-term rental
5.7%
Some Airbnb activity
Market activity
Distance to CBD
23.6 km
Outer suburbs
Days on market
22 days
Fast-moving market
Auction clearance
50.9%
Balanced market
Walkability
0 / 100
Car-dependent
Coastal proximity
23.7 km
Coastal fringe
NBN technology
FTTNStandard — fibre to node
Population density
1,393/km²
Suburban
Schools in postcode 6071
🏫Primary (1)
Glen Forrest Primary School
Government · Yrs K-6
📚Combined (1)
Helena College
Independent · Yrs PP-12
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
School quality
Above average2 schools in postcode area
Source: ACARA My School 2025
Transit access
ExcellentSource: State GTFS feeds
Gentrification signal
43
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
Properties in HOVEA
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