Bennett Springs

POSTAL CODE: WA, 6063
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 55.96% capital gain.

It 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 $850,000

The augmented property values in the suburb are trailing above the territorial average of 13.59% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $792.5.

Home owners selling their properties and realtors in BENNETT SPRINGS usually have to wait an average of 24.2 days days before their assets are lifted off the market.

The WA suburb ranks 115th on the list of best yielding suburbs for rental properties in WA, posting a 4.85% return.

It also places places 223rd in Australia based on median property value growth during the quarter.

Surburb overview

Bennett Springs is a northeastern suburb of Perth, Western Australia, situated within the City of Swan. Established in April 2011, the suburb was formed from parts of Beechboro, Whiteman, and West Swan. It was named in honour of Matilda Bennett, wife of early settler John Septimus Roe. 

Bennett Springs borders Drumpellier Drive to the east, Reid Highway to the south, Tonkin Highway to the west, and Marshall Road to the north. Bennett Brook, named after Matilda Bennett, traverses part of the suburb. 

According to the 2021 census, Bennett Springs has a population of 5,929 residents.  The suburb is characterised by a diverse community, with households primarily consisting of couples with children.

The median house price in Bennett Springs is approximately $725,000, and the median rent is $800 per week. Over the past year, the suburb has experienced a 22.9% sales growth and a 21.2% rental growth. 

Several educational institutions serve Bennett Springs, including Beechboro Primary School, a government primary school serving the local community. West Beechboro Primary School is another government primary school catering to students in the area. Beechboro Christian School is a private institution offering faith-based education. East Beechboro Primary School provides primary education with a focus on community engagement.

The suburb offers various amenities, including the Bennett Springs Shopping Centre, which caters to residents' retail and dining needs. Recreational facilities in Bennett Springs include numerous parks and reserves, providing spaces for outdoor activities and community events. 

Bennett Springs is serviced by several Transperth bus routes, offering residents access to Perth's CBD and surrounding areas. Major roads such as Reid Highway and Tonkin Highway enhance connectivity to neighbouring suburbs. 

Bennett Springs combines suburban living with convenient access to essential amenities and recreational opportunities, making it a desirable suburb within the Perth metropolitan area. 

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