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Salter Point

POSTAL CODE: WA, 6152
HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $1,810,000.

The upward trend in home prices in SALTER POINT, 6152 averaged 4.38% per annum over a 3-year period.

Average weekly rents on listings have reached the $950 mark, reflecting a 2.73% increase in returns based on the current median price in SALTER POINT.

An average of 3.25 real estate transactions take place per month in SALTER POINT which translates to 39 per annum.

39 properties were sold in SALTER POINT in 2016, making it the 188th most active market in WA based on total real estate transactions.

SALTER POINT, 6152 places 435th in Australia based on median property value growth during the quarter.

Surburb overview

Salter Point is a tranquil riverside suburb located approximately 8 kilometres southeast of Perth's central business district. Nestled along the southern bank of the Canning River, it falls within the jurisdiction of the City of South Perth. The suburb is renowned for its scenic beauty, leafy streets, and upscale residences, offering a peaceful residential environment with a strong sense of community.

As of the latest data, Salter Point has a population of approximately 2,913 residents. The average age of residents is 47 years. The suburb predominantly comprises family households, with 78% being family units. Most homes are owner-occupied, with 87% owned and 12% rented. The median weekly household income stands at \$2,529, which is approximately 35.6% above the Greater Perth average. 

The median listing price for houses in Salter Point is $1,600,000. The median weekly home rent is $850, with a rental yield of approximately 2.76%. The suburb predominantly features separate houses, accounting for 78% of dwellings.

Aquinas College is a prominent independent Roman Catholic boys' school offering education from 4 to 12.

Salter Point is serviced by Transperth bus routes 30 and 31, providing connections to Perth CBD and surrounding areas. The suburb offers convenient access to major roads, facilitating easy commutes to the city and other regions.

Salter Point Reserve is a picturesque riverside park offering walking trails and scenic views. Sandon Park has a playground, picnic areas, BBQ facilities, and restrooms, and it's ideal for family outings. Mt Henry Spit is a natural reserve providing opportunities for walking and enjoying the riverine environment.

Salter Point Aged Care Facility, managed by Retirees WA, offers modern amenities, including ensuite rooms, landscaped gardens, and multiple lounges designed for relaxation and social interaction. Baptistcare Riverside Village on Roebuck Drive offers 81 lease-for-life apartments amidst natural parkland and native vegetation.

Salter Point is characterised by its serene environment, with the Canning River bordering the suburb on three sides. The area boasts lush greenery, well-maintained parks, and a strong sense of community, making it attractive for families, professionals, and retirees seeking a peaceful lifestyle close to nature.

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