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MOMENTUM
MEDIA
Property investors have seen a 10.15% gain in MADELEY based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MADELEY, 6065 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 26.9%.
Based on its average 5-year and quarterly capital gains MADELEY, 6065 saw average growth in the long term.
The WA 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 $1,085,000
Profits averaged 21% per annum over a 3-year period, due to an upward trend in home prices in MADELEY, 6065.
This means, real estate investors could earn a rental income of $770 based on current median home prices for the suburb.
The gross rental yield in MADELEY, 6065 is 3.69%.
An average of 7 real estate transactions take place per month in MADELEY which translates to 84 per annum.
Madeley is a suburb located approximately 20 kilometres north of Perth's central business district, within the City of Wanneroo. Historically part of Landsdale, the area was predominantly rural until the 1990s, with market gardening being a shared activity. Significant residential development commenced in 2001, leading to substantial population growth.
As of the 2021 Census, Madeley had a population of 6,805 residents. The suburb's median age is 36, and households primarily consist of couples with children. The average household size is approximately 3.0 people.
As of November 2024, the median house price in Madeley is approximately $786,000, reflecting an 18% growth over the past year. The median weekly rent is around $725, indicating a 29.5% increase in the same period.
Several educational institutions serve Madeley. Ashdale Primary School is a government primary school catering to Kindergarten to Year 6 students. Ashdale Secondary College is a government secondary school serving students from Year 7 to Year 12. Kingsway Christian College is an independent Christian school offering Kindergarten to Year 12 education.
The suburb offers various amenities, including the Kingsway City Shopping Centre, which provides a range of retail and dining options. Recreational facilities in Madeley include several parks, such as Cheltondale Park and Kingsway Regional Sporting Complex, which provide spaces for outdoor activities and community events.
Madeley is serviced by Transperth bus routes connecting to Perth's CBD and surrounding areas. Major roads like Wanneroo Road and Hepburn Avenue enhance connectivity to neighbouring suburbs.
Madeley combines suburban living with convenient access to essential amenities, quality educational institutions, and recreational opportunities, making it a desirable suburb within the Perth metropolitan area.