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Watermans Bay

POSTAL CODE: WA, 6020
HOUSE

Property investors have seen a 2.21% gain in WATERMANS BAY based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WATERMANS BAY, 6020 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 14.02%.

Based on its average 5-year and quarterly capital gains WATERMANS BAY, 6020 saw average growth in the long term.

The WA suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,565,500

Profits averaged 17.33% per annum over a 3-year period, due to an upward trend in home prices in WATERMANS BAY, 6020.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in WATERMANS BAY, 6020 is N/A.

An average of 2.33 real estate transactions take place per month in WATERMANS BAY which translates to 28 per annum.

Surburb overview

Watermans Bay, located in the 6020 postcode, is a serene coastal suburb approximately 16 kilometres northwest of the Perth central business district (CBD). Known for its stunning ocean views, peaceful atmosphere, and close-knit community, Watermans Bay offers an idyllic beachside lifestyle that attracts families, retirees, and professionals. With its small, quiet charm and proximity to natural beauty and essential amenities, Watermans Bay is one of Perth’s hidden coastal gems.

Watermans Bay has a population of around 1,200 residents, making it one of the smaller suburbs along the northern coast. The housing stock consists primarily of large, well-maintained family homes, many of which feature modern designs and offer spectacular views of the Indian Ocean.

Public transportation in Watermans Bay is accessible, with Transperth bus routes servicing the suburb and connecting it to nearby train stations and surrounding areas. Warwick and Stirling on the Joondalup Line are the closest train stations, offering a convenient commute to the Perth CBD. For drivers, Watermans Bay is easily accessible via West Coast Drive and Marmion Avenue, providing quick routes to the city, nearby coastal suburbs, and critical shopping centres.

The suburb’s main attraction is its beautiful coastline, particularly Watermans Beach, a secluded spot known for its clean sands and clear waters. The beach is ideal for swimming, snorkelling, and relaxing by the ocean, offering a quieter alternative to the busier beaches nearby. The coastal paths along West Coast Drive provide scenic walking and cycling routes, allowing residents to enjoy breathtaking views of the Indian Ocean while connecting to neighbouring coastal suburbs like Sorrento and Marmion.

While the suburb is primarily residential, nearby Marmion and North Beach provide local shopping options, cafes, and essential services such as medical clinics and pharmacies. Within a short drive, the larger Karrinyup Shopping Centre and Westfield Whitford City offer a wide range of retail stores, supermarkets, restaurants, and entertainment facilities, ensuring residents can access everything they need.

Watermans Bay offers outdoor enthusiasts access to parks and natural reserves. The suburb is home to the Watermans Bay Marine Reserve, which protects the marine life and biodiversity of the area and is a popular spot for snorkelling and diving. The nearby Star Swamp Bushland Reserve offers a peaceful retreat for residents who enjoy outdoor activities.

Families in Watermans Bay have access to quality educational facilities in the surrounding suburbs. North Beach Primary School and Marmion Primary School are nearby, while Sacred Heart College, a well-regarded Catholic secondary school, is located in neighbouring Sorrento. These educational options make the area appealing for families seeking a coastal lifestyle with access to good schools.

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