Arnold
CibbuanoSouth Perth, WA
October 6th 2006 00:15
Sticking with Western Australia which is the hot real estate area of the Australian property market South Perth is getting a look in for today’s “Better Know a Suburb.” South Perth is a highly popular area for residential and commercial property due to its location near the river and central business district. South Perth is separated from the Perth CBD by the Swan River, and with its stunning river views, is one of the more affluent areas of Perth. There are many new high rise style apartments that have been developed along the foreshore and also luxurious mansion style freestanding homes. Significant numbers of townhouses and some older houses fill out in the residential profile of the suburb.
South Perth, WA (postcode: 6151)
Property Price Results for the last 12 months:
Houses:
Average Price $651,000
Median Price $630,000
Change: 17%
Apartments:
Average Price $390,000
Median Price $317,000
Change: 23%
Average prices are the sum of all the property sales results divided by the number of sales. The median price is the exact selling price of the middle most sales price when all the sales are ordered according to their value.
Statistics:
Local population: 14,675
Australian born: 67%
Greatest age demographic: 20–39 years (35%)
Typical resident: Married, of Catholic denomination, living in a freestanding house, employed as a business professional and living in rented accommodation.
South Perth is a highly urbanised area. Perth Zoo and the Old Mill theatre are two major attractions in the area. There are a number of well known public and private schools and businesses that operate in the area. Foreshore parklands offer a lot of outdoor recreational options with water sports, cycling, walking, running and skating being some of the more popular activities within the community. Mends Street is a strip offering a number of trend cafes and restaurants, nightlife attractions are ample and closely situated. Furthermore, getting to Perth’s CBD for further entertainment is easy by either public transport or car.
More information about South Perth can be found on their local city website. City of South Perth.
South Perth, WA (postcode: 6151)
Property Price Results for the last 12 months:
Houses:
Average Price $651,000
Median Price $630,000
Change: 17%
Apartments:
Average Price $390,000
Median Price $317,000
Change: 23%
Average prices are the sum of all the property sales results divided by the number of sales. The median price is the exact selling price of the middle most sales price when all the sales are ordered according to their value.
Statistics:
Local population: 14,675
Australian born: 67%
Greatest age demographic: 20–39 years (35%)
Typical resident: Married, of Catholic denomination, living in a freestanding house, employed as a business professional and living in rented accommodation.
South Perth is a highly urbanised area. Perth Zoo and the Old Mill theatre are two major attractions in the area. There are a number of well known public and private schools and businesses that operate in the area. Foreshore parklands offer a lot of outdoor recreational options with water sports, cycling, walking, running and skating being some of the more popular activities within the community. Mends Street is a strip offering a number of trend cafes and restaurants, nightlife attractions are ample and closely situated. Furthermore, getting to Perth’s CBD for further entertainment is easy by either public transport or car.
More information about South Perth can be found on their local city website. City of South Perth.
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