Right now, Perth is experiencing an unprecedented demand for new housing. When you consider the huge savings from the government building grants and near-maximum capacity in rental housing – it’s no wonder people are jumping at the chance to build a new home.
With new land developments popping up across the metropolitan area, the name of the game is ‘be ready to buy’.
For those that are renting, the squeeze for rental properties is only going to get tighter and rental prices are naturally going to rise. How long will it be before you’re paying more in rent than it costs to own your own home? Maybe you’re already there.
Once you decide to break out of the rent trap, the next step is to look at where you want to live. Narrowing down your choice of suburbs will mean you can jump in as soon as land becomes available. To help you find your ideal location, we’ve put together a list of the 10 best value Perth suburbs to build your new home.
Breaking the rent cycle
For many, renting is the first option after leaving home. It’s easy to get stuck in the rent trap. Often, you need something to jolt you out of your rental slumber so you can start investing in your future.
Two factors that are likely to affect the rental market in 2021 are:
- Low availability of rental properties
- Rising rental prices
It comes down to simple supply and demand. As rental properties become scarce, demand will increase and prices will rise. A quick chat with a finance lender will give you the confidence to make a call on whether to keep renting or start your new chapter in life as a homeowner.
Where to build your new home
Whether you decide to live north, south or east of the city, you’ll want to choose a suburb that has value now and potential to grow in the future. Then there are the lifestyle benefits. That may be family-friendly options, nearby established facilities or being close to nature. Here’s our list of best value Perth suburbs to build your new home.
Just minutes north of its better-known neighbour, Alkimos, is the suburb of Eglinton. This coastal suburb features natural open spaces, amazing parks and playgrounds and impressive dining options – right on the beach! Being located next to Alkimos and Yanchep also means you have plenty of established schooling and shopping options already available.
The Swan Valley region is, and will always be, highly sought-after for housing. Living on the doorstep of world-class dining and wineries is an attraction in itself, but Aveley offers so much more. The suburb is well catered for families and young couples with parks, schools and cafes, and is close to the Ellenbrook shopping centre.
Over the last 10 – 15 years, Banksia Grove has had a resurgence with many families now calling the suburb home. Shops, schools and cafes are well established in the area and the city centre of Joondalup is close by. Major upgrades to Wanneroo Road have improved travel times for commuters and when relaxing at home, you still feel like you’re surrounded by nature.
Still a relatively new suburb, Treeby has become an extremely popular land estate. Affordable land prices and established family-friendly parks are prompting a housing boom in this suburb. As part of the City of Cockburn, you have all the necessary amenities close by.
If a coastal lifestyle is high on your priority list, Madora Bay offers everything you need. Situated 10 minutes north of Mandurah this suburb is a beachside escape. Alongside the attraction of incredible white sandy beaches, you’ll have major shopping, dining, transport and recreation facilities all nearby – including a world-class golf course.
An award-winning suburb, Harrisdale continues to grow in popularity. Parks, playgrounds and bike trails make living in Harrisdale a joy for families. Established primary and high schools are close by and Murdoch University is only 20 minutes away.
Catalina Estate (Mindarie)
Catalina Estate is split into three parts, Catalina Beach, Catalina Central and Catalina Grove. Catalina Beach is premium coastal land nestled between the already developed Burns Beach and Mindarie. Over Marmion Avenue, Catalina Central and Grove stretch towards the Mitchell Freeway. This is a fully established area with major train stations, shopping centres, schools and universities, plus Mindarie Marina and Joondalup Golf Course, all just minutes away.
Brabham is another highly sought-after suburb only minutes from the world-class Swan Valley and bordering Whiteman Park. With a strong focus on nature and sustainability, it’s no surprise that Brabham was awarded a 6 star ‘Green Star’ certification by the Green Building Council of Australia. There are already plenty of established amenities nearby and the future Metronet will also add to the value of this suburb.
There’s no waiting for future development of amenities in Wellard, everything is already here – train station, landscaped parks and playgrounds, shopping centres and dining. It’s only a 30-minute train ride to the city and once you’re home, you’re surrounded by nature. Wellard has a strong community feeling and is well suited to young families.
Landsdale makes the ideal central location to all of Perth’s best attractions. It’s right on the doorstep of the Swan Valley, 20km to the city and a short drive to the ocean. Even though all the main amenities are fully established in the area, Landsdale’s parks and bushland reserves provide plenty of open spaces for the family to grow.
It doesn’t matter whether you’re a first home buyer, second home buyer or investor – it’s crucial that you do your research before you choose your suburb. To find out more about these suburbs, including land prices, land size and availability, contact the team at Blueprint Homes today.
Blueprint Homes has house and land packages available in multiple suburbs across Perth. If you’re ready to start investing in your own home contact Blueprint Homes.