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Ardross is a delightful suburb that offers a wonderful blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its leafy streets and welcoming atmosphere, Ardross is particularly appealing to families who value a peaceful environment with easy access to amenities. The suburb's proximity to the Swan River and its beautiful parks provides ample opportunities for outdoor activities, which is perfect for those who enjoy a healthy, active lifestyle. With a variety of modern and traditional homes, Ardross caters to diverse tastes and preferences, ensuring that residents feel right at home.

The suburb exudes a charming vibe, characterized by a strong sense of community and a supportive environment. Families will appreciate the excellent schools in the area, which contribute to the suburb's reputation as a family-friendly locale. Safety is generally not a major concern, allowing residents to enjoy a relaxed and secure lifestyle. While Ardross may not offer the bustling nightlife of inner-city areas, it compensates with its serene atmosphere and the convenience of the nearby Garden City Shopping Centre, which provides a range of shopping and dining options.

One of the trade-offs of living in Ardross is that, while it offers a peaceful suburban lifestyle, it may not have the same level of excitement or cultural activities as more central locations. However, the suburb's proximity to Perth CBD ensures that residents can easily access the city's vibrant offerings when desired. For families and professionals seeking a balanced lifestyle with a strong community feel, Ardross is an excellent choice, offering both tranquility and convenience in a picturesque setting.

Living in Ardross can be quite costly, especially when compared to other suburbs in the region. The current median house price in Ardross is a hefty $1,765,000, while units are more affordable at $598,000. Renting isn't exactly cheap either, with houses averaging $900 per week and units at $775 per week over the past year. These figures suggest that housing in Ardross is on the higher end of the spectrum.

When you look at the average wage in Ardross, which is around $91,000 per year, it becomes clear that a significant portion of income would be required to cover housing expenses. In comparison, the median total household income weekly is $2,361, which indicates that many residents might be earning above the average wage to comfortably afford living in this suburb. If you are thinking of living in Ardross, it's important to consider these costs and how they fit into your budget.

Ardross is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced a significant 30.3% increase in median house values, indicating strong demand and a competitive market. This kind of growth suggests that Ardross is becoming increasingly desirable, likely due to its appealing location and amenities. While the change in rent for houses has remained stable, the substantial 12.3% increase in unit rents highlights a growing interest in rental properties, particularly units, which could be attractive for investors seeking rental income.

The steady rise in unit values by 8.5% over the last year further supports the idea that Ardross is gaining traction among buyers and renters alike. This growth in both property values and rental returns suggests a balanced market with opportunities for capital appreciation and rental yield. While the rental market for houses hasn't seen much change, the strong performance in unit rents indicates a shift in demand that could continue to drive interest in the suburb.

Overall, Ardross presents a compelling case for investment, especially for those looking to capitalize on the rising demand for units. The suburb's recent performance in property values and rental returns makes it an attractive option for investors aiming for both capital growth and steady rental income.