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Viveash

POSTAL CODE: WA, 6056
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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 $842,500.

The upward trend in home prices in VIVEASH, 6056 averaged 32.36% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.01% increase in returns based on the current median price in VIVEASH.

An average of 3 real estate transactions take place per month in VIVEASH which translates to 36 per annum.

36 properties were sold in VIVEASH in 2016, making it the 210th most active market in WA based on total real estate transactions.

VIVEASH, 6056 places 464th in Australia based on median property value growth during the quarter.

Surburb overview

Viveash, located approximately 15 kilometres north-east of Perth's central business district, is a suburb within the City of Swan. It is bordered by the Swan River to the west, providing residents with scenic river views and access to various recreational activities.

As of the 2016 census, Viveash had a population of 1,036, reflecting a 14% increase from 909 in 2011. The median age of residents is 38 years, with a significant proportion of households comprising couples with children. The suburb features a mix of housing types, predominantly separate houses, catering to diverse family structures.

Public transportation options in Viveash include proximity to the Midland train station in the adjacent suburb of Midland. This station provides access to the Midland Line, facilitating travel to Perth and other areas. Additionally, several bus routes operate nearby, connecting residents to neighbouring suburbs and essential services.

Essential establishments are readily accessible to Viveash residents. The nearby Midland Gate Shopping Centre offers a variety of retail stores, supermarkets, and dining options. Healthcare services are available at the St John of God Midland Public and Private Hospitals in the neighbouring suburb of Midland. Educational institutions in the area include La Salle College, a co-educational secondary school, and several primary schools in adjacent suburbs.

Recreational activities are abundant in Viveash, particularly along the Swan River. The suburb is home to several parks and reserves, such as Reg Bond Reserve, offering walking trails, picnic areas, and opportunities for bird watching. The proximity to the river allows for activities like kayaking and fishing. Additionally, the suburb's location provides easy access to the Swan Valley wine region, known for its wineries, breweries, and gourmet food experiences.

Viveash combines suburban living with natural beauty, offering residents a tranquil environment close to essential amenities and recreational opportunities. Its growth in population and development reflects its appeal as a residential suburb within the Perth metropolitan area. 

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