Are you looking for an affordable property that’s close to the city? RP Data has just released its results on the most affordable suburbs within 10kms of the Perth CBD, and the results may surprise you.
Here are the top five most affordable suburbs within 10kms of Perth CBD (as at June 2014):
Median house price: $438,995
Good for: Families, professionals, transport links, parks & recreation
Located about 6kms northwest of Perth CBD, Glendalough is a good choice for city workers as it has excellent access to the Mitchell Freeway and good public transport links including Glendalough train station. The suburb is surrounded by large areas of parkland including Lake Monger Reserve.
Median house price: $463,414
Good for: Families, shopping and amenities, close to beach
Located about 8kms northwest of Perth CBD, the suburb is a mix of commercial and residential areas. It has good amenities with Westfield Shopping Centre just down the road in neighbouring Innaloo, and is just a ten minute drive to the beach. A good choice for families.
Median house price: $489,224
Good for: Families, shopping and amenities, transport links
Located about 11kms north of Perth CBD, Westminster has excellent access to transport links including Reid Highway and Mitchell Freeway. The suburb has plenty of amenities including its own small shopping centre. It also features a primary school and plenty of parks, making it a good area for families.
Median house price: $495,617
Good for: Proximity to city, investors, families
Located about 10kms north of Perth CBD, Nollamara is an older suburb with larger block sizes, making this area a good choice for potential investors or property developers. The suburb also features several parks, a primary school and is in close proximity to Mirrabooka Secondary College.
Median house price: $523,014
Good for: FIFO workers, professionals, proximity to airport, transport links
Located about 11kms east of Perth CBD, Redcliffe is a great choice for FIFO workers due to its close proximity to Perth Airport. The suburb is also an attractive choice for investors, with high rental demand in the area.
Ready to make your next property move? Contact your Perth CBD mortgage broker Andrew Sawyer on (08) 9277 9888 to book an appointment today.