All About Lockridge, Swan, WA, 6054

Lockridge, located in the City of Swan, Western Australia, offers a diverse and evolving housing market that reflects its mixed suburban character. The area is primarily residential, featuring a range of housing types from older, established homes to more modern developments. Over recent years, Lockridge has experienced a steady demand due to its relatively affordable property prices compared to other Perth suburbs, making it attractive to first-time homebuyers and investors. The ongoing urban development and infrastructure improvements within the Swan region have further enhanced its appeal, ensuring that Lockridge remains an accessible and convenient locale for residents. The suburb is well-served by public transport, schools, and essential amenities, which contribute to its growing community appeal.

Living in Lockridge offers residents a suburban lifestyle surrounded by green spaces and community facilities. It’s a neighborhood that fosters a sense of community through local events and activities, often centered around its parks and recreation centers. The suburb benefits from being close to the stunning Swan Valley, renowned for its wineries, breweries, and artisanal food producers, providing ample opportunities for weekend leisure and exploration. The community is a blend of long-term residents and new families, resulting in a diverse and vibrant demographic. While it may lack some of the more upscale amenities of inner-city suburbs, Lockridge offers a charm and practicality that resonates with those seeking a more relaxed pace of life within easy reach of metropolitan Perth.

Lockridge Real Estate Market Outlook

Thinking about buying in Lockridge? Now could not be a better time, with 1636 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $464,000 with prices in this suburb ranging from $113,000 to $1,175,000. The aproximate distance to the coast is 18 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Lockridge are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Lockridge leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Lockridge necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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.

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Public Transport

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General Points of Interest

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