All About Madeley, Wanneroo, WA, 6065

Madeley, located within the City of Wanneroo in Western Australia, offers a suburban lifestyle with a relatively balanced housing market that appeals to families and professionals alike. The area has seen steady demand due to its close proximity to Perth's central business district, which is approximately 25 kilometers away, making it ideal for commuters. Madeley's housing market is characterized by a mix of modern homes, townhouses, and residential estates that reflect a blend of contemporary and traditional architectural styles. Over recent years, there has been moderate growth in property values, supported by its well-developed infrastructure, including schools, parks, and shopping centers, which cater to the needs of its residents. The suburb is known for its spacious homes with ample garden space, making it particularly attractive to families looking for room to grow and first-time buyers who wish to invest in a vibrant community.

Living in Madeley provides residents with a blend of urban convenience and suburban tranquility. The community is closely knit, with numerous local events and recreational activities that contribute to the strong sense of belonging among residents. The suburb is surrounded by several parks and nature reserves, offering ample opportunities for outdoor activities such as walking, cycling, and picnicking, which are popular with both adults and children. The local schools are well-regarded, and the area is served by excellent public transportation links that connect to Perth and surrounding suburbs. Additionally, the nearby Kingsway City Shopping Centre and various small local businesses offer a range of dining, shopping, and entertainment options. This combination of lifestyle amenities and quality housing makes Madeley a desirable location for those looking to settle in a welcoming and dynamic community.

Madeley Real Estate Market Outlook

Thinking about buying in Madeley? Now could not be a better time, with 3171 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $761,000 with prices in this suburb ranging from $321,000 to $2,085,000. Madeley is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Madeley 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 Madeley 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 Madeley 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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