All About Waterford, South Perth, WA, 6152

Waterford, a suburb in South Perth, Western Australia, is known for its serene environment and proximity to natural attractions such as the Canning River and the local parklands. The housing market here reflects its desirable location, with a mix of modern and established homes that appeal to families and professionals alike. Over recent years, Waterford has experienced moderate growth in property values, driven by its convenient access to nearby educational institutions like Curtin University and its vibrant community feel. Although property prices can be on the higher side compared to neighboring suburbs, the investment is often seen as worthwhile due to the quality of life and solid community infrastructure.

Living in Waterford offers a peaceful suburban lifestyle with the perks of urban conveniences. Residents enjoy the tranquil ambience, enhanced by the lush greenery and well-maintained public spaces. It's a suburb that caters well to outdoor enthusiasts, with numerous parks, walking trails, and the nearby river, perfect for recreational activities. The local community is welcoming and family-friendly, with amenities such as shopping centers, cafes, and good schools within easy reach. Excellent public transport links and road networks also ensure that residents can easily connect to the Perth CBD and surrounding areas, making Waterford an attractive option for those seeking a balanced lifestyle.

Waterford Real Estate Market Outlook

Thinking about buying in Waterford? Now could not be a better time, with 1110 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,444,000 with prices in this suburb ranging from $378,000 to $4,868,000. The aproximate distance to the coast is 11 Km.

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 Waterford 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 Waterford 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 Waterford 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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