When it comes to investing in real estate, choosing the right location is essential. Perth, with its strong economy and growing population, offers several suburbs that are prime for building investment properties. Here’s a guide to help you identify the top suburbs in Perth where your investment could thrive.
Ellenbrook
Ellenbrook is one of the fastest-growing suburbs in Western Australia, making it an attractive option for investors. Located about 30 minutes north of Perth’s CBD, Ellenbrook offers a mix of affordable housing and modern amenities. The suburb is part of the City of Swan and has seen significant development over the years, including new schools, shopping centres, and community facilities.
Yanchep
Situated approximately 45 kilometres north of Perth’s CBD, Yanchep is another high-growth area that’s gaining popularity among investors. This coastal suburb offers a blend of rural charm and urban amenities, making it appealing to families and first-home buyers alike. With ongoing developments such as the Yanchep Rail Extension and new residential estates, Yanchep is poised for significant growth.
Byford
Located in the Shire of Serpentine-Jarrahdale about 35 kilometres southeast of Perth’s CBD, Byford is another suburb that’s experiencing rapid growth. Known for its natural beauty and affordable land prices, Byford attracts families looking for spacious living areas without compromising on accessibility to city amenities.
Forrestfield
Forrestfield is a suburb in the City of Gosnells located about 15 kilometres southeast of Perth’s CBD. It has gained attention due to the Forrestfield-Airport Link project which enhances connectivity between this area and Perth’s city centre as well as the airport. This infrastructure development makes Forrestfield an attractive choice for commuters and families.
Baldivis
Situated about 45 kilometres south of Perth’s CBD within the City of Rockingham, Baldivis is known for its family-friendly atmosphere and affordable housing options. The suburb has seen considerable development with new schools, shopping centres, and recreational facilities being built regularly.
Alkimos
Alkimos is a coastal suburb located in the City of Wanneroo about 30 kilometers north of Perth’s CBD. It offers stunning ocean views along with modern amenities like shopping centres and schools. The area has seen substantial growth due to its attractive lifestyle options and economic development initiatives.
Key Factors to Consider
Economic Growth
When selecting a suburb for investment purposes, look at economic indicators such as employment rates, infrastructure developments (like roads or public transport), and any upcoming projects that could drive demand.
Demographics
Understanding who lives in the area can help you tailor your investment property to meet specific needs—whether it’s families looking for larger homes or young professionals seeking apartments close to amenities.
Amenities
Suburbs with good schools, shopping centres, parks, and other community facilities tend to attract more residents, which can drive up demand for housing.
Rental Yield
Look at historical rental yields in the area to ensure your investment will generate steady income over time.
At Better Way 2 Build, we make investing in Perth property easier by guiding you through the entire build process, finding the right builder, and securing the best deal—all at no extra cost to you. Our experienced building brokers handle negotiations, reduce stress, and provide expert advice to ensure a smooth investment journey. Contact us today and let’s build your investment success together.
