All About Jolimont, Subiaco, WA, 6014

Jolimont, a small suburb nestled within the larger area of Subiaco in Western Australia, presents a unique housing market characterized by its blend of older homes and modern developments. This area has increasingly attracted attention from both homebuyers and investors due to its proximity to Perth’s central business district and its charming, community-oriented atmosphere. The housing market in Jolimont features a mix of traditional character homes, often retaining a touch of historical architectural flair, and contemporary townhouses that cater to various preferences. Property prices in Jolimont remain relatively competitive compared to neighboring suburbs, making it an appealing option for individuals and families seeking suburban tranquility with urban convenience. The steady demand for housing reflects the suburb's enduring appeal, offering a compelling balance between lifestyle, location, and investment potential.

Living in Jolimont provides residents with a peaceful, small-community feel, while still granting easy access to the vibrant amenities of Subiaco and Perth. The suburb boasts well-maintained parks and recreational spaces, such as the popular Jolimont Amphitheatre and parks, which offer ample opportunities for outdoor activities and community events. The local school, Jolimont Primary, enjoys a strong reputation, making the area particularly attractive to families with young children. Public transport options are conveniently available, providing seamless connectivity to surrounding areas and the city center. The community spirit in Jolimont is palpable, with active involvement in local events and initiatives, fostering a sense of belonging among its residents. Overall, living in Jolimont means enjoying a quiet, community-minded lifestyle, with all the benefits of urban living just a short distance away.

Jolimont Real Estate Market Outlook

Thinking about buying in Jolimont? Now could not be a better time, with 1508 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,019,000 with prices in this suburb ranging from $240,000 to $4,120,000. Jolimont is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Jolimont driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Jolimont ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Jolimont classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Jolimont requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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