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Bull Creek

POSTAL CODE: WA, 6149
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 64.09% 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 $1,380,000

The augmented property values in the suburb are trailing above the territorial average of 13.59% 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 BULL CREEK usually have to wait an average of 25.5 days days before their assets are lifted off the market.

The WA suburb ranks 331st on the list of best yielding suburbs for rental properties in WA, posting a 3.2% return.

It also places places 364th in Australia based on median property value growth during the quarter.

Surburb overview


Bull Creek, situated approximately 12 kilometres south of Perth's central business district, is a suburb of the City of Melville. The area is named after Henry Bull, an early settler who received a land grant in the region in 1830. The suburb is bordered by Leach Highway to the north and South Street to the south, providing direct road access to the Perth CBD.

According to the 2021 Census, Bull Creek has a population of 8,031, with a median age of 44. The demographic profile indicates a mature community, with 50.2% of families comprising couples with children. Notably, 57.8% of residents have parents born overseas, reflecting the suburb's multicultural character.

Public transportation is well-established, with Bull Creek Station on the Mandurah Line offering train services to Perth and Mandurah. The station also serves as a bus interchange, connecting routes such as the 178, 179, and CircleRoute services 998 and 999, facilitating access to surrounding suburbs.

Essential amenities include the Bull Creek Central Shopping Centre, anchored by Woolworths and Target and featuring 45 specialty stores. The centre is accessible via public transport and provides ample parking. Educational institutions in the area comprise Bull Creek Primary School and All Saints' College, catering to the suburb's family-oriented population.

Recreational spaces are abundant, with John Creaney Reserve offering facilities for various activities, including playgrounds and sports fields. Bob Gordon Reserve features a formalised BMX track suitable for family gatherings and weddings.  The Aviation Heritage Museum on Bull Creek Drive houses an extensive aircraft and aviation memorabilia collection, contributing to the suburb's cultural landscape.

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