Top 7 Perth suburbs
for investors
By Andy Kelly,
Property Investment Specialist
Author: Andy Kelly, Property Investment Specialist, Investor Assist
I’ve been doing a lot of research around Perth recently and thought I would make up
a Top 10 list of my recommended investment suburbs. I was very selective with my
choices so didn’t quite make it to ten but I believe the following seven suburbs are the
best places to consider in Perth, and I didn’t want to stretch it out just for the sake of it!
So here they are – in no particular order;
Atwell
This suburb is only 20kms from the Perth CBD in close proximity
to the burgeoning City of Cockburn. Suburbs close to solid
infrastructure and public transport are always in high demand and
Atwell is set to benefit from the new $80 million Aubin Grove train
station which will be the state’s biggest park-and-ride train station
on the Perth-Mandurah line featuring a 2000-bay car park and a
new bus terminal. This suburb is definitely one to watch!
Aveley and Brabham
Located within the Swan Valley, these two newer suburbs
are seen to have value from buyers in nearby Bassendean,
Beechboro and Morley. Aveley is a private estate and
speaks for itself, being awarded Australia’s best residential
development by the Urban Development Institute of
Australia. And Brabham, situated adjacent to Whiteman Park
is only 20kms from the Perth CBD and is seen to be a good
long term investment and a value for money purchase.
Wellard
This relatively new suburb is on the Mandurah train line,
just 30 minutes travel from the Perth CBD to the north
or Mandurah to the south. Wellard is a good example of
a masterplanned community and is popular with young
families. Homesites are very affordable in this location and
represent good value for money for investors.
Financial Security Through Property
For more information on financial security through property: visit: investorassist.com.au email: [email protected] or call 08 9200 7200.
Top 7 Perth suburbs for investors
Alkimos & Butler
The far northern suburbs of Perth offer good price points
for investors with low rental availability. There are plans to
extend the train line to Butler and additional infrastructure
will follow so now is a good time to invest and benefit from
capital growth before the prices start to rise!
Woodvale
Woodvale has a very tight rental market and is home to a
number of highly regarded schools. The final pockets of land
are being developed so now is the time to act before there is a
scarcity of land in the area. If you can invest in the area now, it
should prove to be a solid long term investment property for
you.
Morley
I think Morley is one of the forgotten ‘gems’ of Perth and
it was recognised as the second best performing suburb in
‘Your Investment Property’ magazine’s Top 100 investment
suburbs for 2012. Morley has a high and consistent average
annual growth, great amenities and infrastructure plus is well
positioned. Morley has a diverse population and enjoys good
proximity to the Perth CBD plus other lifestyle hubs including
Leederville and Mt Lawley.
Subiaco
For lifestyle locations it’s hard to go past ‘Subi’. It’s super close
to the city with excellent rental demand and no lack of capital
growth opportunities. It’s always a popular area with both
owner occupiers and investors so you should receive strong
rental demand or interest from buyers, should you choose
to sell your property in the future. As history has repeatedly
shown, you really can’t go wrong in this area.
Choosing the right place to invest can be as important as
choosing the right property. Infrastructure and lifestyle
amenities are important, access to transport and the potential
long-term growth of an area should all be considered. Take
a look at these suburbs yourself and I’d be glad to hear your
comments. Alternatively, if you have a suburb you think
should be included in this list, be sure to let me know and
we’ll see if we can round it out to an even ‘Top 10’.
DISCLAIMER: This information is of a general nature only and does not constitute professional advice.
We strongly recommend that you seek your own professional advice in relation to your particular circumstances.
Financial Security Through Property
For more information on financial security through property: visit: investorassist.com.au email: [email protected] or call 08 9200 7200.
Alkimos
Butler
Woodvale
Aveley and
Brabham
Morley
Subiaco
Atwell
Wellard
This information is of a general nature only and does not constitute professional advice. We strongly recommend
that you seek your own professional advice in relation to your particular circumstances.
Financial Security Through Property
For more information on financial security through property: visit: investorassist.com.au email: [email protected] or call 08 9200 7200.