Fast 50 Report 2026 Banner

Gwelup

POSTAL CODE: WA, 6018
HOUSE

GWELUP, 6018 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling GWELUP, 6018 values up and netting property investors a capital gain of 9.01% for the past year.

Investors saw the median home price rise to $1,600,000.

Profits due to an upward trend in home prices in the suburb averaged 16.05% per annum over a 3-year period.

GWELUP now ranks at the 308th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in GWELUP are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $1100 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GWELUP, homes and units usually stay on listing for an average of 14.5 days.

In 2016, 58 properties were sold in GWELUP during the past year, making it the 123rd most active market in WA based on total real estate transactions.

Surburb overview

Gwelup is a tranquil and family-friendly suburb approximately 12 kilometres north of the Perth central business district (CBD). Known for its leafy streets, spacious homes, and abundant parks, Gwelup offers a peaceful suburban lifestyle while maintaining easy access to urban conveniences. The suburb is popular with families, professionals, and retirees who appreciate its natural surroundings and close-knit community feel.

Gwelup has a population of around 4,500 residents. The housing in Gwelup primarily consists of large, modern family homes, many of which are set on generous blocks with well-maintained gardens. The suburb has seen significant development in recent years, resulting in a mix of contemporary residences alongside older homes that have been tastefully renovated. The overall atmosphere is a quiet suburban charm, making it an appealing area for those seeking a family-oriented environment.

Public transportation in Gwelup is convenient, with several Transperth bus routes servicing the area and connecting residents to surrounding suburbs and the Perth CBD. The nearby Stirling Train Station on the Joondalup Line provides additional transport options for commuters. Gwelup is also well-connected by major roads, including the Mitchell Freeway and Karrinyup Road, offering easy access to the city and the northern beaches.

Gwelup offers a range of essential amenities, with local shops and services available at the Gwelup Plaza Shopping Centre. The nearby Karrinyup Shopping Centre provides more extensive retail and dining options, including supermarkets, fashion stores, restaurants, and entertainment facilities. Residents also easily access the surrounding suburbs' medical services, pharmacies, and other conveniences.

One of Gwelup’s standout features is its abundance of parks and green spaces, which contribute to the suburb’s peaceful and family-friendly atmosphere. The picturesque Lake Gwelup Reserve is a central highlight, offering walking and cycling trails, playgrounds, and picnic areas. The reserve is also famous for birdwatching and nature walks, with its natural wetlands attracting various local wildlife. Other nearby parks, such as Careniup Swamp Reserve, provide further outdoor activities and relaxation opportunities.

Families in Gwelup benefit from access to quality educational facilities. The suburb is home to Lake Gwelup Primary School, which is highly regarded within the local community. Additionally, several other schools in nearby suburbs, such as Karrinyup Primary School and Carine Senior High School, offer further educational options for children of all ages.

Scarborough Beach, one of Perth’s most popular beaches, is just a short drive away. It provides opportunities for swimming, surfing, and beachside relaxation. The suburb’s location near the beach and its access to parks and natural reserves make it ideal for those who enjoy an active, outdoor lifestyle.

You’re out of free articles for this month
Loading form...