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Heathridge

POSTAL CODE: WA, 6027
HOUSE

Property investors enjoyed capital gains of 9.2% over the last 12 months in HEATHRIDGE, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that the WA suburb obtained a 6.16% growth over a ten-year period. It ranks 2579th on our list of suburbs that property investors should look into.

HEATHRIDGE, 6027 has a capital gain of 9.2% for the past year, which is lower than average compared to its 87.01% growth within a five-year period.

With the median home price in HEATHRIDGE sitting at $850,000, and the average rent at $700, property owners could potentially earn a 4.28% increase in gross rental yield.

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

HEATHRIDGE, 6027 in WA belongs to the local government area of Joondalup.

Surburb overview

Heathridge, situated approximately 26 kilometres north of Perth's central business district, is a suburb of Joondalup. Established in the late 1970s, it covers an area of about 3.9 square kilometres. Hodges Drive bounds the suburb to the north, the Mitchell Freeway to the east, Ocean Reef Road to the south, and Marmion Avenue to the west. 

As of the 2016 census, Heathridge had a population of 6,661, with a median age of 34. The community comprises a mix of families, young professionals, and retirees, contributing to a diverse demographic profile. 

Public transportation in Heathridge includes several bus routes connecting to the Joondalup Line via Edgewater Station, facilitating access to Perth and surrounding areas. Major bus routes serving the suburb include routes 461, 462, 463, and 464. 

The suburb offers essential amenities, including the Heathridge Shopping Centre, which features a variety of stores such as grocery and liquor outlets. Residents can access the nearby Lakeside Joondalup Shopping City for more extensive shopping needs. Educational facilities within Heathridge include Heathridge Primary School, Eddystone Primary School, and Poseidon Primary School, catering to students from kindergarten to year six. Secondary education options are available in neighbouring suburbs, with students attending either Ocean Reef Senior High School or Belridge Secondary College. 

Recreational activities highlight Heathridge, notably the numerous parks and green spaces such as Heathridge Park, which includes the Heathridge Community Centre offering indoor basketball courts, tennis courts, and a grassed oval. The suburb is also home to the Ocean Ridge Cricket Club and Ocean Ridge Amateur Football Club. Additionally, the nearby coastline provides easy access to beaches like Mullaloo Beach, famous for swimming and picnicking. 

Heathridge's combination of residential appeal, accessibility, and recreational amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area.

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