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  3. Mundaring
  4. Hovea

Hovea 6071

Market analysis for investment properties in Hovea

Median Price

$1,725,000

Trend:Accelerating
+32.7%
Median Rent

$800/pw

Trend:Steady
Rental Yield

2.41%

Trend:Steady
Median DoM

Not enough data

Trend:Not available
Market Analysis

Why investors are watching Hovea right now.

Hovea, located within the Mundaring Shire in Western Australia, offers a serene and nature-filled setting with abundant greenery, including natural bushland and reserves.

The suburb does not have its own shopping facilities but is in close proximity to Mundaring Village Shopping Centre which houses grocery stores, cafes, and other essential services.

Hovea is serviced by various public transport options such as buses, with routes connecting to Midland Train Station, providing residents convenient access to the CBD in Western Australia.

Families in Hovea have access to quality education with nearby primary schools like Chidlow Primary School and secondary schools such as Eastern Hills Senior High School, ensuring a well-rounded educational experience for children.

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Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Hovea often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Mahogany Creek

32km from center

Median Price

$1.23m

+25.8%

Rental Yield

3.6%

Gross annual

Parkerville

36km from center

Median Price

$1.30m

+22.9%

Rental Yield

3.6%

Gross annual

Swan View

24km from center

Median Price

$780k

+20.0%

Rental Yield

4.3%

Gross annual

Strategy by LighthousePA

Where will Hovea be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Hovea, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
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LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Hovea
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Investment Insights & FAQ

Frequently asked questions about the Hovea property market in 2026.

As of March 2026, the Hovea property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 32.69%. These figures reflect the evolving demand within Mundaring, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Hovea range from $1,725,000 for houses. These values are calculated based on recent transaction data and current buyer activity across the Mundaring region.

For investors targeting cash flow, houses rent for $800 /pw with a 2.41% yield. This rental performance is a key indicator of strong tenant demand within the Hovea area.

Market Insights Last Updated: March 2026