Shelley

POSTAL CODE: WA, 6148

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 84.97% capital gain.

It 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 $1,600,000

The augmented property values in the suburb are trailing behind the territorial average of 13.93% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $850.

Home owners selling their properties and realtors in SHELLEY usually have to wait an average of 32.9 days days before their assets are lifted off the market.

The WA suburb ranks 365th on the list of best yielding suburbs for rental properties in WA, posting a 2.76% return.

It also places places 61st in Australia based on median property value growth during the quarter.

Property investors enjoyed capital gains of 21.32% over the last 12 months in SHELLEY, translating to lower returns compared with its peers in WA.

A survey of average capital gains or median home price increase in suburbs across the country shows that SHELLEY, 6148 obtained a 14.49% growth over a ten-year period. It ranks 1513th on our list of suburbs that property investors should look into.

SHELLEY, 6148 has a capital gain of 21.32% for the past year, which is higher than average compared to its 0% growth within a five-year period.

With the median home price in SHELLEY sitting at $825,000, and the average rent at $685, property owners could potentially earn a 4.32% increase in gross rental yield.

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

SHELLEY, 6148 in WA belongs to the local government area of Canning.

Surburb overview

Shelley, located approximately 14 kilometres south of Perth's central business district, is a riverside suburb in Canning. The area was part of Riverton until the mid-1960s, with its name believed to derive from the shells found along the Canning River shoreline.

According to the 2021 Census, Shelley had 4,523 residents. The median age was 41, with 17.9% of the population aged 0–14 and 16.5% aged 65 years and over. The suburb's demographic profile indicates a mature community with a significant proportion of families and older adults.

Several Transperth bus routes facilitate public transportation in Shelley, including the 178, which connects Bull Creek Station to Elizabeth Quay Bus Station, and the CircleRoute services 998 and 999 along Leach Highway. These services provide residents with access to the broader Perth metropolitan area.

Essential establishments in Shelley include the Shelley Hub shopping centre on Tribute Street West, which offers various retail and dining options. Shelley Primary School is an educational facility near Rossmoyne Senior High School and Curtin University.

Recreational activities centre around the Canning River and Shelley Beach Park, which features open spaces and playgrounds and hosts community events such as Australia Day celebrations. The Shelley Foreshore provides amenities like picnic tables, shaded areas, and public barbecues, enhancing the suburb's outdoor lifestyle.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,600,000	$825,000
Growth Report
Median Quarterly	8.47%	0%
Median 12 month	9.03%	21.32%
Median 3 years	84.97%	52.78%
Median 5 years	81.68%	0%
10 years average annual	7.69%	14.49%
Weekly media advert. rent	$850	$685
Time on Market	32.9 days	N/A
Gross Rental Yield Percent	2.76%	4.32%

Demographics (Median Values)*

Total Population 17814

Weekly Household Income 1596

Household Size 2.70

Average Age 41

Monthly Loan Repayment 2000

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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