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Hazelmere

POSTAL CODE: WA, 6055
HOUSE

Property investors have seen a 9.81% gain in HAZELMERE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on HAZELMERE, 6055 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 22.54%.

Based on its average 5-year and quarterly capital gains HAZELMERE, 6055 saw average growth in the long term.

The WA 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 $948,750

Profits averaged 6.67% per annum over a 3-year period, due to an upward trend in home prices in HAZELMERE, 6055.

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 HAZELMERE, 6055 is N/A.

An average of 1.33 real estate transactions take place per month in HAZELMERE which translates to 16 per annum.

Surburb overview

Hazelmere, located approximately 14 kilometres east of Perth's central business district, is a suburb within the City of Swan. Roe Highway borders it to the east and the Great Eastern Highway Bypass to the south, placing it near the northern edge of Perth Airport land.

As of the 2016 census, Hazelmere had a population of 895, reflecting a modest growth of 1.1% since 2011. Most residents are in their 50s to 59s. Households are primarily composed of childless couples, with a significant proportion of residents owning their homes outright or under mortgage agreements. 

Public transportation in Hazelmere includes several bus routes connecting Midland Station and other key areas. Routes 277 and 278 serve Midland Road and Bushmead Road, respectively, while route 291 operates along Stirling Crescent, Robertson Street, and West Parade. 

Essential establishments are readily accessible, and the nearby Midland area offers diverse shopping options, including the Midland Gate Shopping Centre and various large retailers. The Midland Health Campus and St John of God Hospital, within a short drive from Hazelmere, provide healthcare services to the suburb's residents.

Recreational activities in and around Hazelmere cater to various interests. The suburb's larger block sizes provide residents with ample space for personal outdoor pursuits. The nearby Swan Valley region also offers numerous wineries, restaurants, and leisure activities, while the Guildford Heritage Precinct provides historical sites and walking tours.

Hazelmere offers a blend of suburban and semi-rural living, characterised by its proximity to essential services and recreational amenities, which makes it a distinctive suburb within the Perth metropolitan area.

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