Kenwick

POSTAL CODE: WA, 6107
HOUSE
UNIT

KENWICK, 6107 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling KENWICK, 6107 values up and netting property investors a capital gain of 16.13% for the past year.

Investors saw the median home price rise to $720,000.

Profits due to an upward trend in home prices in the suburb averaged 28.21% per annum over a 3-year period.

KENWICK now ranks at the 82nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in KENWICK are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $630 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KENWICK, homes and units usually stay on listing for an average of 32.6 days.

In 2016, 98 properties were sold in KENWICK during the past year, making it the 2nd most active market in WA based on total real estate transactions.

Surburb overview

Kenwick, situated approximately 18 kilometres southeast of Perth's central business district, falls within the City of Gosnells local government area. According to the 2021 Census, the suburb has an area of 9.8 square kilometres and a population of 5,684. The demographic profile includes a median age of 36 years, with residents born in Australia (52.5%), England (6.0%), New Zealand (3.3%), India (2.3%), and the Philippines (1.6%).

Kenwick train station on the Armadale Line offers public transportation in Kenwick, providing access to Perth and its surrounding areas. Bus services, including routes 220 and 229, operate along major roads such as Albany Highway and Kenwick Link, connecting residents to nearby suburbs and commercial centres.

Essential establishments within the suburb include educational institutions like East Kenwick Primary School and Rehoboth Christian College. The Kenwick Public Library offers community resources and programs. Healthcare services and shopping facilities are accessible in adjacent suburbs, with Maddington Central Shopping Centre located approximately 1.3 kilometres away.

Natural reserves, such as the Brixton Street Wetlands, support recreational activities by providing diverse flora and fauna habitats. The suburb also features local parks and community centres that host various events and activities. Additionally, the Roe Highway Logistics Park and other industrial facilities significantly contribute to the local economy, providing numerous employment opportunities.

You’re out of free articles for this month
Loading form...