All About Menora, Stirling, WA, 6050

Menora, nestled within the City of Stirling in Western Australia, is a suburb known for its charming residential appeal and historical character. The housing market in Menora is characterized by a mixture of heritage homes and well-maintained family residences, contributing to its reputation as a desirable location for both families and retirees. The suburb predominantly features larger lots with mature trees and manicured gardens, which enhances its appeal for those seeking a spacious and serene living environment. Recent trends in the housing market have shown a steady demand, which is reflected in stable property values. This can be attributed to its proximity to amenities and quality schools, making it a sought-after location for buyers looking for a balance of convenience and tranquility.

Living in Menora offers a unique blend of suburban charm and urban accessibility. Its tree-lined streets and open green spaces provide a peaceful setting for residents, while its location offers easy access to Perth's central business district, making it ideal for professionals who commute. The community atmosphere is vibrant, with frequent local events and a host of recreational activities accessible via nearby parks and leisure facilities. Residents pride themselves on a strong sense of community, bolstered by active local groups and neighborhood associations. Additionally, the cultural scene is enriched by the proximity to Mount Lawley’s cafes, restaurants, and boutique shops, providing a lively backdrop to this otherwise tranquil neighborhood. Overall, Menora offers an exemplary blend of lifestyle and convenience, attracting those who appreciate both heritage and modernity.

Menora Real Estate Market Outlook

Thinking about buying in Menora? Now could not be a better time, with 1613 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,466,000 with prices in this suburb ranging from $500,000 to $3,159,000. Menora is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Menora 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. A mix of professions and above average income earners in Menora provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Menora 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

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!