The post-budget guide to commercial property investing

Seabird

POSTAL CODE: WA, 6042
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SEABIRD, 6042 ranks 3rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 49.15% for property investors.

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $440,000.

The upward trend in home prices in SEABIRD, 6042 averaged 0% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in SEABIRD.

An average of 0.92 real estate transactions take place per month in SEABIRD which translates to 11 per annum.

11 properties were sold in SEABIRD in 2016, making it the 494th most active market in WA based on total real estate transactions.

SEABIRD, 6042 places 1st in Australia based on median property value growth during the quarter.

Surburb overview

Seabird is a small coastal town located approximately 100 kilometres north of Perth, Western Australia, within the Shire of Gingin. Situated between Two Rocks and Lancelin, it overlooks the Indian Ocean and is a popular holiday and retirement destination. 

The area that would become Seabird was first founded on dunes as a series of squatter shacks used by rock lobster fishermen during the 1950s. In 1965, the decision was made to gazette the area as a townsite named "Chalon," after the hometown of botanist Jean-Baptiste Leschenault de La Tour. The proposed name was unpopular with residents, and upon being gazetted in 1968, it was renamed "Seabird." The name "Seabird" originates from the schooner Sea-Bird, shipwrecked in the area in 1874. 

Seabird has faced significant challenges with coastal erosion, leading to the collapse of Turner Street into the ocean. In 2016, residents' lobbying resulted in a $2 million sea wall being constructed to protect exposed properties for another 10-20 years. This effort was complemented by adding 2,400 native seedlings to help further stabilise the area behind the sea wall. 

Seabird offers a range of recreational activities, including fishing, 4WD beach access, and dog-friendly beaches. The Seabird Tavern provides meals with ocean views, and accommodation options include caravan parks and private holiday homes. A small general store caters to basic needs, and a viewing platform above the shops offers scenic vistas. 

Access to Seabird is primarily via Indian Ocean Drive, providing a scenic route for travellers from Perth and surrounding areas. Public transportation options are limited; private vehicles are the most practical means of travel to and from the area. 

Seabird's coastal charm, recreational opportunities, and community resilience make it a tranquil destination within Western Australia. 

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