Perth, the capital city of Western Australia, has been experiencing significant growth in its property market. For those looking to invest in a home or property, the challenge often lies in finding up-and-coming and affordable suburbs. Here, we spotlight five Perth suburbsScarborough, Padbury, Bassendean, Forrestfield, and Belmontthat perfectly balance growth potential and affordability.
- Scarborough
Why Scarborough?
Scarborough, renowned for its stunning beach and vibrant lifestyle, has long been a favourite among locals and tourists. Over recent years, Scarborough has seen substantial redevelopment, enhanced its appeal and boosted property values. Despite its popularity, Scarborough remains relatively affordable compared to other coastal suburbs.
Key Attractions:
- Scarborough Beach: A top destination for surfers and sunbathers.
- Esplanade Redevelopment: New dining and entertainment options.
- Community Events: Regular beachside markets and festivals.
Affordability:
Scarborough offers a variety of housing options, from apartments to family homes. This diversity makes it accessible to buyers, including first-time homebuyers and investors.
- Padbury
Why Padbury?
Located just 23 kilometres north of Perths CBD, Padbury is an excellent suburb for families and professionals seeking a quieter lifestyle without sacrificing convenience. Its proximity to the freeway and public transport links ensures easy access to the city and other amenities.
Key Attractions:
- Local Parks: Plenty of green spaces and recreational facilities.
- Schools: Highly regarded primary and secondary schools.
- Community Feel: A strong sense of community with local events and clubs.
Affordability:
Padbury is known for its reasonably priced houses, making it an excellent option for those looking to enter the property market or upgrade from an apartment to a home.
- Bassendean
Why Bassendean?
Situated on the banks of the Swan River, Bassendean combines natural beauty with historical charm. This suburb has grown consistently due to its appealing mix of character homes and modern developments.
Key Attractions:
- Swan River: Ideal for kayaking, fishing, and riverside picnics.
- Historic Sites: Rich in heritage with preserved buildings and museums.
- Transport: Well-connected by train and bus services.
Affordability:
Bassendean offers affordable homes with larger blocks of land, perfect for families wanting space and a touch of nature.
- Forrestfield
Why Forrestfield?
Forrestfield, located southeast of Perth, is undergoing significant transformation due to major infrastructure projects, including the Forrestfield-Airport Link. This suburb is poised for future growth, making it an attractive option for savvy buyers.
Key Attractions:
- Lesmurdie Falls: Close to beautiful natural reserves and walking trails.
- Forrestfield-Airport Link: Improved transport links boosting accessibility.
- Shopping and Amenities: Expanding retail and dining options.
Affordability:
With its ongoing development, Forrestfield still offers relatively low property prices, presenting an excellent opportunity for investment before prices potentially rise.
- Belmont
Why Belmont?
Belmont, just 7 kilometres east of Perths CBD, is a dynamic suburb known for its commercial hubs and residential areas. Its central location and excellent amenities make it a desirable place to live.
Key Attractions:
- Ascot Racecourse: Famous for horse racing events.
- Belmont Forum: A major shopping centre with numerous stores and eateries.
- Swan River Proximity: Access to scenic riverside parks and trails.
Affordability:
Belmont offers a mix of old and new properties, with prices that are still accessible for many buyers. Its ongoing development and strategic location contribute to its potential for property value appreciation.
Conclusion
Perths property market is diverse, with several suburbs offering excellent growth potential and affordability. Scarborough, Padbury, Bassendean, Forrestfield, and Belmont each present unique advantages, from stunning natural attractions and community vibes to strategic developments and connectivity. Whether youre a first-time buyer, an investor, or looking to upgrade your home, these suburbs are worth considering as you explore Perths real estate landscape.