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 $840,500.
The upward trend in home prices in KEWDALE, 6105 averaged 21.93% per annum over a 3-year period.
Average weekly rents on listings have reached the $700 mark, reflecting a 4.33% increase in returns based on the current median price in KEWDALE.
An average of 8.67 real estate transactions take place per month in KEWDALE which translates to 104 per annum.
104 properties were sold in KEWDALE in 2016, making it the 513th most active market in WA based on total real estate transactions.
KEWDALE, 6105 places 187th in Australia based on median property value growth during the quarter.
Kewdale is a suburb of Perth, Western Australia, located approximately 8 kilometres southeast of the central business district. Kewdale is known for its blend of residential, commercial, and industrial areas within the City of Belmont.
As of the 2021 Census, Kewdale had a population of 6,896, with a median age of 35. The suburb has a diverse community, including families, professionals, and retirees.
Kewdale is well-served by public transportation, with several Transperth bus routes providing access to Perth's CBD and surrounding areas. Key services include routes 36, 37, 38, 39, 51, 270, 284, 285, 293, 935, 998, and 999, serving various streets within the suburb.
The suburb offers various amenities, including parks and recreational facilities. Notable parks include Tomato Lake, Peachey Park, and Wicca Reserve, providing residents with opportunities for outdoor activities.
As of December 2024, the median house price in Kewdale is approximately $654,000, with a median weekly rent of $650. The suburb has experienced growth in property values, reflecting its desirability among buyers and investors.
Kewdale offers a balanced lifestyle with access to urban conveniences and community facilities. Its proximity to Perth's CBD and primary transport links makes it an attractive location for diverse residents.
Kewdale provides a dynamic living environment with essential amenities, recreational opportunities, and convenient access to Perth's CBD, appealing to families, professionals, and retirees alike.