Bedford

POSTAL CODE: WA, 6052
HOUSE

BEDFORD, 6052 ranks 828th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.85% 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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,190,000.

The upward trend in home prices in BEDFORD, 6052 averaged 19.73% per annum over a 3-year period.

Average weekly rents on listings have reached the $750 mark, reflecting a 3.28% increase in returns based on the current median price in BEDFORD.

An average of 8.67 real estate transactions take place per month in BEDFORD which translates to 104 per annum.

104 properties were sold in BEDFORD in 2016, making it the 514th most active market in WA based on total real estate transactions.

BEDFORD, 6052 places 61st in Australia based on median property value growth during the quarter.

Surburb overview

Bedford is a suburb located approximately 6 kilometres northeast of Perth's central business district, within the City of Bayswater in Western Australia. Known for its family-friendly environment and proximity to urban amenities, Bedford offers a blend of suburban tranquillity and city convenience. 

As of the 2016 census, Bedford had a population of 5,439 residents, reflecting a 10% increase from 2011. The predominant age group is 30-39 years, and households are primarily couples with children. In 2016, 67.2% of homes were owner-occupied. 

The suburb predominantly features separate houses, with a median property price of $879,000 for houses, reflecting an annual capital growth of 6.52%. Rental yields for houses are currently 3.98%, with a median rent of $690 per week. 

Bedford offers essential amenities, including proximity to shopping centres such as Morley Galleria. The suburb contains 14 parks covering nearly 8.7% of the total area, providing residents with venues for outdoor activities and community events. 

Educational facilities within Bedford include Chisholm Catholic College, catering to secondary students. Primary education options are available in neighbouring suburbs, with Inglewood Primary School and Hillcrest Primary School serving the area. 

Public transportation in Bedford includes bus services connecting to Perth's central business district and surrounding areas. Major bus routes serve the suburb, facilitating convenient access for residents. 

Bedford's combination of suburban tranquillity, accessibility, and community amenities contributes to its reputation as a desirable suburb within the Perth metropolitan area. 

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