Perth’s top investment suburbs

Perth is gaining a reputation as a hot market for investors, but where should you buy in WA’s capital? We present two standout suburbs offering value and opportunity for investors.

The Perth property market has all the underlying fundamentals in place to make it attractive to investors – strong population growth, a strong economy, major infrastructure projects underway and a shortage of rental property supply.

Here’s our sneak peek at Perth’s best investment suburbs.
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Port Kennedy

Port Kennedy is a scenic coastal suburb located in Rockingham, about 45 minutes south of the Perth CBD.

Why Port Kennedy is a top investment suburb in Perth

It’s very affordable with a median house price of $537,700, making it an ideal entry point for first-time investors.
There has been double digit capital growth (14.5%) of Port Kennedy properties over the past three years.
The average rental yield in Port Kennedy has been 5.1% over the past five years.
Vacancy rates are low at 1.42%.
Port Kennedy has forecast population growth of 65%over the next 15 years.

Collectively, these factors make Port Kennedy one of the top investment suburbs in the Perth property market.

Why Port Kennedy is popular with tenants

It offers a coastal lifestyle, with the beautiful Rockingham Beach, Shoal water Islands Marine Park and the Port Kennedy foreshore area being on residents’ doorsteps.
There are ample employment opportunities, especially in the naval, healthcare, social assistance, education and training, public administration and safety sectors.
Stylish new residential estates are currently being developed to cater for Port Kennedy’s strong population growth.
The nearby Rockingham Centre offers a diverse range of retail stores.
The Syren Street Precinct is a hub for dining and nightlife.
Port Kennedy has several recreational areas, including golf courses, parklands and an aquatic centre.
Several schools service the area.
Port Kennedy has a direct road connection to the Perth CBD and Perth International Airport via the Kwinana Freeway.
It also has a direct train connection to Mandurah and Perth stations, as well as to the Perth International Airport for both domestic and international flights.
Rockingham General Hospital is nearby, along with arrange of private health services.

Port Kennedy gives its residents the best of both worlds – a beach lifestyle with easy accessibility to all the services and facilities that they need.
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Eglinton

Eglinton is a picturesque coastal suburb located in Wanneroo, about 40 minutes north of the Perth CBD.

Why Eglinton is atop investment suburb

It’s very affordable with a median house price of $545,400, well below the greater Perth median of $660,000.
Eglinton property investors have experienced double digit capital growth (10.4%) over the past three years.
The average rental yield of Eglinton properties has been 4.8% over the past five years.
Vacancy rates are extremely low at just 0.62%, well below the national average.
Eglinton has a forecast population growth of 63% over the next 20 years.

All these factors combine to make Eglinton one of the best investment suburbs in the Perth property market.

Perth's affordability for interstate investors is a standout. Its median price is currently under 50% of Sydney’s. Above-average population growth for WA and skyrocketing rentals make Perth appealing for both capital growth and rental yield.
- Alex Reithmeier

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Why Eglinton is popular with tenants

It’s just minutes from popular beaches like Yanchep and Quinns Beach, as well as the Yanchep National Park.
There are ample employment opportunities, especially in the construction, retail trade, agriculture, manufacturing, transport and health care sectors.
Stylish new residential estates are currently being developed.
Shopping and retail centres are nearby.
Significantinfrastructure is currently being developed to cater for the growing population, including a new train station and new primary school.
Eglinton is just 20minutes from Edith Cowan University (Joondalup campus).

Like Port Kennedy in the north, Eglinton gives residents in the south the best of both worlds – a beach lifestyle with easy accessibility to all the services and facilities they need.
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The bottom line

Both Port Kennedy and Eglinton stand out as top investment suburbs in Perth. You can find out more about the outlook for the greater Perth property market here.
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How we can help

Our expert team at DPN can help you with all aspects of residential property finance and strategic property investment.

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