Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.
VERDICT
STRONG BUY
Rental Pressure Market
DEMAND
85 buyers/listing
Strong↑
LIQUIDITY
115d DOM
Weak↓
AFFORDABILITY
-7.1% vs 5yr
Strong↑
GROWTH OUTLOOK
Strong
Strong↑
YIELD
2.6%
Weak↓
SUPPLY PRESSURE
1.0% vacancy
Strong↑
#1/244StrongStructure 81$1.55MTop 2.4% nationally
Atlaso rates Munster houses as STRONG BUY, our highest conviction rating. Vacancy remains tight at 1.03%, and buyer demand is strong with 85 buyers per listing. Historically, 90% of suburbs we rate STRONG BUY grew more than 8% annually.
At $1.55M, Munster ranks #1 of 244 houses in Perth. The long-term structural outlook is Strong.
Munster Price History
All houses · monthly median sale price
Market Intelligence
What's Happening Now
Buyer's MarketStock rising, prices softening. Buyers have leverage.
-10.1%
Asking Prices (3mo)
+15.5%
Rents (12mo)
0.5%
Vacancy ↓
46%
Fresh Stock (<30d)
House Asking Prices (12 months)
$1.39M
House Weekly Rents (12 months)
$890/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 6166.
Suburb Profile
Munster at a Glance
SEIFA Index
8/10
Most advantaged
Household Income
$2,119/wk
Median household
Median Age
42
Years
Mortgage Stress
24%
of income
Population Growth
+2.0%
vs state +1.9%
Ownership Mix
46.5%owned38.1%mortgage11.7%renting
Demographic Trends
Munster Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Munster Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Munster as STRONG BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Munster and 46 Australian cities to generate this rating.
What is the median house price in Munster?
The current median house price in Munster, wa is $1.55M, with annual growth of +87.3%. Properties sell in approximately 115 days.
How fast do properties sell in Munster?
Properties in Munster sell in 115 days on average. The market is currently rated Strong. This is slower than average, which may present opportunities for negotiation.
What is the growth outlook for Munster?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Munster's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Munster?
The gross rental yield for houses in Munster is 2.6%. This is in line with the broader market average.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).