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Southern River

POSTAL CODE: WA, 6110
HOUSE

Homeowners and real estate investors betting on SOUTHERN RIVER, 6110 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 12.87%.

A steady increase in median property prices over a five-year period in the suburb translates to a 46.88% capital gain.

Property investors in SOUTHERN RIVER enjoyed capital gains of 12.87% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $940,000.

Profits due to an upward trend in home prices there averaged 15.63% per annum over a 3-year period.

Home owners selling their properties and realtors in SOUTHERN RIVER usually have to wait an average of 41.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 4.15% increase in returns based on the current median price in SOUTHERN RIVER.

SOUTHERN RIVER, 6110 places 436th in Australia based on median property value growth during the quarter.

Surburb overview

Southern River is a suburb in Gosnells, located approximately 31 kilometres southeast of Perth’s central business district. Main roads make it accessible by car in about 27 minutes, while public transport options include Transperth bus routes connecting to nearby train stations. A typical commute to Perth takes around 54 minutes.

According to the 2021 Census, Southern River had a population of 10,350, with a median age of 32. The community comprises predominantly families, with a significant proportion of residents employed full-time. Professionals, technicians, and clerical workers represent the largest occupational groups.

Southern River's Public transport services include bus routes such as the 204, 212, 233, 517, and 518, which connect residents to key locations including Maddington Station, Thornlie Station, and Murdoch University. These services facilitate access to broader Perth areas, although many residents rely on private vehicles for daily commuting.

Essential amenities in the suburb include the Southern River Shopping Centre, which houses a Coles supermarket and various specialty stores. Healthcare services are available at the Southern River Family Practice and Pathology Collection Centre. Educational institutions include Southern River College, which offers a range of academic and vocational programs.

Recreational spaces are abundant, with Sutherland's Park providing facilities for sports such as AFL, cricket, and hockey, along with playgrounds and picnic areas. Nile Park offers open grassed areas suitable for informal activities, including playgrounds and table tennis facilities. These parks contribute to the suburb's community-oriented atmosphere.

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