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Bibra Lake

POSTAL CODE: WA, 6163
HOUSE
UNIT

Property investors have seen a 1.6% gain in BIBRA LAKE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BIBRA LAKE, 6163 saw average growth in the long term.

The WA 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 $950,000

Profits averaged 16.67% per annum over a 3-year period, due to an upward trend in home prices in BIBRA LAKE, 6163.

This means, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

The gross rental yield in BIBRA LAKE, 6163 is 4.11%.

An average of 7.08 real estate transactions take place per month in BIBRA LAKE which translates to 85 per annum.

Surburb overview

Bibra Lake is located within the City of Cockburn, approximately 20 kilometres south of Perth’s central business district. The suburb encompasses an area of around 12.8 square kilometres and is named after the freshwater lake within its boundaries.

According to the 2021 Census, Bibra Lake had a population of 2,484 residents. The demographic profile indicates that 50.4% of residents were married, 31.8% had never married, and 9.2% were divorced.

Several Transperth bus routes facilitate public transportation in Bibra Lake, including the 512, 514, and 520. These routes connect to Murdoch Station, Cockburn Central Station, and Fremantle Station. The suburb is also accessible via the Kwinana Freeway, which offers convenient road links to Perth and surrounding areas.

Educational facilities in the suburb include Bibra Lake Primary School, an Independent Public School committed to providing a safe, supportive, and inclusive environment for all students.  Perth Waldorf School, located on Gwilliam Drive, offers Steiner education from Kindergarten to Year 12.

Healthcare services are available at Bibra Lake Medical Centre, an AGPAL-accredited general practice serving Bibra Lake and the surrounding area.

Recreational spaces in Bibra Lake include the Bibra Lake Regional Playground, a free, accessible, and safe playground featuring nature play elements and facilities designed to introduce children of all ages and abilities to the natural environment through play.  The suburb is also home to Adventure World, a theme park offering various rides and attractions, and the Cockburn Ice Arena, providing ice skating facilities.  The Bibra Lake Reserve offers walking and cycling trails around the lake, with opportunities for birdwatching and enjoying the natural surroundings.

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