All About Maylands, Bayswater, WA, 6051

Maylands, a suburb within the City of Bayswater in Western Australia, has seen notable activity in its housing market in recent years. Located just a few kilometers from Perth's central business district, Maylands is a highly desirable location for homebuyers due to its proximity to the city, charming character homes, and vibrant community atmosphere. The property market here includes a diverse mix of housing options ranging from heritage-listed homes and quaint cottages to modern apartment complexes, catering to a wide range of tastes and budgets. Despite fluctuations in the broader property market, Maylands has generally maintained a steady demand, partly due to its attractive riverside location, access to public transport, and proximity to vital amenities. Investors and homeowners alike are drawn to its potential for solid long-term growth and the lifestyle appeal that accompanies living in such a well-connected and lively suburb.

Living in Maylands affords residents a unique blend of urban convenience and suburban tranquillity. The area is renowned for its strong sense of community and cultural diversity, which is evident in its bustling café scene, art galleries, and local markets. The suburban landscape is complemented by the natural beauty of the nearby Swan River, providing opportunities for outdoor activities such as cycling, walking, and kayaking. Furthermore, Maylands has become a hub for young professionals and families who appreciate its convenient location and the plethora of dining, shopping, and leisure options available. The local farmers' market and community events foster a warm and welcoming environment, making it an ideal place for those seeking both a cosmopolitan vibe and a relaxed, community-oriented lifestyle. Overall, Maylands offers a balanced, enriching lifestyle that appeals to a broad spectrum of residents.

Maylands Real Estate Market Outlook

Thinking about buying in Maylands? Now could not be a better time, with 11494 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $618,000 with prices in this suburb ranging from $130,000 to $4,845,000. The aproximate distance to the coast is 12 Km.

In Maylands there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Maylands are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Maylands provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Maylands to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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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