WA Understanding Perth suburbs

Discussion in 'Where to Buy' started by PropertyInsight, 16th Sep, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
  1. PropertyInsight

    PropertyInsight Well-Known Member

    Joined:
    22nd Jun, 2017
    Posts:
    332
    Location:
    Australia
    Hi mates

    I am in Melbourne and try to understand Perth suburbs. In Sydney and Melbourne, people refers Eastern suburbs as the rich. Can any locals can drive me how the perception of Perth residents about suburbs?
     
  2. Bonz

    Bonz Well-Known Member

    Joined:
    23rd Oct, 2015
    Posts:
    144
    Location:
    Fremantle
    I suggest that in general the western suburbs in Perth would be inhabited by those who can afford to repay a larger mortgage than most. If the value of a person is measured by the mortgage they can afford to pay, then the it would be fair to say that western Perth suburbs are rich.
     
    PropertyInsight likes this.
  3. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    11,767
    Location:
    Perth
    A lot beach suburbs too
     
    PropertyInsight likes this.
  4. bob shovel

    bob shovel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    6,935
    Location:
    Lower Blue Mountains
    Everything is ass about
    East is west. West is east

    Jutland parade is the best street in Perth
     
  5. JL1

    JL1 Well-Known Member

    Joined:
    24th Dec, 2016
    Posts:
    1,134
    Location:
    Australia
    draw a line from city to the beach, triangulate with north fremante. this is the "golden triangle", think Toorak/South Yarra/inner bayside.

    go up the coast west. the further north you go, the newer houses are and the higher the density of UK migrants. Think eastern suburbs of Melbourne - established middle class.

    Go directly east from Perth. Highgate, Mount Lawley, inglewood. Think Fitzroy/Northcote hipsters. By the time you get to Morley/Embleton, think Reservoir - cusp of gentrifying where hipsters who cant afford to be closer will go.

    Head to Armadale/Kelmscott. Think Dandenong. Closer in Balga is more like Broadmeadows - very competitively priced for proximity to the city, but historically much higher crime.

    price distribution is influenced by distance from the coast and suburb age. So Heathridge, although closer to the coast than Landsdale, is older and therefore not worth as much. Likewise, Ocean Reef is closer to the coast therefore worth more.

    The northern suburb expansion is peaking at Yanchep. this is a bit like people buying in Wallan - a solid hour from the city, new road, rail, and shops all coming one day but very affordable now. infill will ultimately connect it to the city, but theres a solid 10-20 year pipeline before its truly connected. because of that, suburban expansion in Perth is now focusing south, from coogee beach to Baldivis. Some other expansion at the base of the swan valley.
     
    bbfp13, Tman88, doubletoplei and 5 others like this.

Not all tax advisers are property focussed specialists and DIY errors will always cost you. We know property taxes and will advise and get it right. Even a second opinion. Contact us for an obligation free initial consult (conditions apply).