The north-west has emerged as Perth’s most popular area for families with children, according to an exclusive report compiled by Australia’s leading mortgage broker, Aussie Home Loans and CoreLogic.
The Aussie/CoreLogic Most Popular Suburbs for Families report found that the areas around Wanneroo and Joondalup are the most popular, with eight of Perth’s top 20 suburbs located in this region. Eleven suburbs in the top 20 are located in the south-east and south-west of the city.
The study took into account census data, median house and unit values, average land area and sales over the 2017 calendar year.
Chief Executive of Aussie, Mr James Symond, said “The most popular suburb in the top 20 is Darch, located about 16km from Perth’s CBD and with the highest proportion of family households with kids at 69.7 per cent and a median value of $567,000.
“The most affordable suburb for families with kids in the top 20 is Brookdale, located 27km south-east of Perth, with the typical house worth about $292,000,” he added.
Suburbs within 10km of the city tend to have a lower proportion of family households and significantly higher prices, with Floreat the most popular suburb for families with children at 59.1 per cent of all households and an average house value of $1,215,000.
Mr Symond said “Many of the most popular inner city suburbs in Perth have house prices of over $1 million, with a few exceptions. Noranda and Riverton are the most affordable suburbs close to the city centre, with average house values of $568,000 and $630,000 respectively. I expect Perth prices to slowly recover over the next year as the economy picks up speed and interest rates look likely to remain at historic lows.”
Download the FREE report at www.aussie.com.au/popularfamilysuburbs.