All About Salter Point, South Perth, WA, 6152

Salter Point, a picturesque suburb located within the City of South Perth, Western Australia, offers a unique and inviting housing market that appeals to a diverse range of buyers. Known for its serene riverside ambiance, the area features a mix of architectural styles, from traditional family homes to modern townhouses and luxurious mansions overlooking the Canning River. Over recent years, Salter Point has experienced a steady increase in demand, driven by its desirable location and proximity to Perth's central business district. The housing market here is characterized by its exclusivity and the premium it places on riverfront properties, which often command higher prices due to their stunning views and direct access to the water. As a result, Salter Point tends to attract professionals, families, and retirees seeking a tranquil yet connected lifestyle.

Living in Salter Point offers residents a peaceful and community-oriented environment with ample recreational opportunities. The suburb boasts beautiful parks and open spaces, encouraging an active outdoor lifestyle with options for walking, cycling, and enjoying water sports along the river. Local amenities, including reputable schools like Aquinas College, add to the area’s appeal for families, while its modest commercial presence ensures a quiet residential feel. Despite its tranquility, Salter Point is conveniently located close to major roadways and public transport options, making commutes to nearby urban centers straightforward. Overall, the suburb combines the best of natural beauty and convenient living, creating a sought-after neighborhood for those looking to enjoy the best of both worlds in South Perth.

Salter Point Real Estate Market Outlook

Thinking about buying in Salter Point? Now could not be a better time, with 1441 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,494,000 with prices in this suburb ranging from $492,000 to $5,824,000. Salter Point 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.

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 Salter Point 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 slightly lower than average earnings from occupations in Salter Point changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Salter Point 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.

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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