Hillman

POSTAL CODE: WA, 6168
HOUSE

Property investors have seen a 7.69% gain in HILLMAN based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on HILLMAN, 6168 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 13.82%.

Based on its average 5-year and quarterly capital gains HILLMAN, 6168 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 $700,000

Profits averaged 28% per annum over a 3-year period, due to an upward trend in home prices in HILLMAN, 6168.

This means, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

The gross rental yield in HILLMAN, 6168 is 4.31%.

An average of 3 real estate transactions take place per month in HILLMAN which translates to 36 per annum.

Surburb overview

Hillman is a suburb located approximately 43 kilometres south of Perth's central business district. It falls within the jurisdiction of the City of Rockingham and is bordered by Rockingham, East Rockingham, and Cooloongup.

According to the 2021 Census, Hillman has a population of 1,807 residents. The suburb predominantly features detached housing and includes Hillman Primary School, which caters to the educational needs of local families. A significant portion of Hillman's northern and eastern areas is encompassed by the Rockingham Lakes Regional Park, which offers natural bushland and recreational spaces.

The nearby Rockingham Station on the Mandurah Line facilitates public transportation in Hillman. Trains from this station reach Perth Underground Station in approximately 35 minutes, with services operating every 15 minutes. Bus routes 549, 557, and 558 also serve the area, connecting residents to surrounding suburbs and amenities.

The adjacent suburb of Rockingham offers essential services, including shopping centres, medical facilities, and schools. This proximity ensures that residents have convenient access to daily necessities and healthcare.

Recreational opportunities in and around Hillman include the Hillman North Trail, which provides walking and cycling paths through natural bushland. Nearby attractions such as Penguin Island, Cape Peron, and the Shoalwater Islands Marine Park offer additional outdoor activities, including wildlife observation, swimming, and picnicking.

Hillman's residential character and access to natural reserves and essential services define its role within the broader Rockingham area. The suburb's connectivity via public transport and proximity to recreational sites contribute to its community dynamics.

You’re out of free articles for this month
Loading form...