Question 1

Is Atwell a nice place to live?

Accepted Answer

Atwell is a charming suburb that offers a delightful blend of suburban tranquility and modern convenience, making it a wonderful place to call home. The suburb is renowned for its peaceful atmosphere and community spirit, which is particularly appealing to families. With an abundance of parks, playgrounds, and walking trails, Atwell provides ample opportunities for outdoor activities and family outings, fostering a healthy and active lifestyle. The suburb's proximity to essential amenities, including quality schools and local shopping centers, ensures that residents have everything they need within easy reach.

Safety is generally not a major concern in Atwell, contributing to its reputation as a family-friendly area. The suburb's well-planned infrastructure and community facilities support a high quality of life, making it an attractive choice for those looking to settle down. While Atwell may not offer the bustling nightlife of inner-city areas, it compensates with its serene environment and strong sense of community. The suburb's location provides convenient access to major transport routes, making commuting to Perth CBD and surrounding areas a breeze for working professionals.

For families, Atwell is particularly appealing due to its established education options, including Atwell Primary and Atwell College, which are highly regarded in the area. However, one trade-off of living in Atwell is that it may not have the same level of cultural or entertainment options as more central suburbs. Nonetheless, the suburb's proximity to Cockburn Central ensures that residents can easily access a wider range of retail, dining, and employment opportunities. Overall, Atwell offers a balanced lifestyle with a focus on family and community, making it a delightful place to live for those seeking a suburban environment with urban conveniences.

Question 2

Is it expensive to live in Atwell?

Accepted Answer

Living in Atwell can be quite costly, especially when considering the housing market. The median house price in Atwell is currently $1,007,500, which is on the higher side compared to other suburbs in the Perth area. Renting is also relatively expensive, with the average rent for houses sitting at $750 per week. For units, the average rent is $600 per week, although it's worth noting that there are fewer units available in this suburb.

When you compare these housing costs to the average wage in Atwell, which is approximately $90,000 per year, it becomes evident that a significant portion of one's income would be needed to cover housing expenses. This average wage is in line with the Perth metropolitan average, yet the high property prices and rents in Atwell suggest that living here could be challenging for those earning an average salary.

Overall, while Atwell offers the benefits of being close to Perth and a family-friendly environment, the cost of living, particularly in terms of housing, is relatively high. If you are thinking of living in Atwell, it's important to evaluate your financial situation to ensure it aligns with the expenses associated with residing in this suburb.

Question 3

Is Atwell a good place to invest?

Accepted Answer

Atwell is showing promising signs as a good place to invest, especially if you're considering the housing market. Over the past year, the median house value in Atwell has increased by 9.3%, which is quite impressive and indicates strong demand and growth potential. This kind of growth suggests that the suburb is becoming more desirable, possibly due to its amenities, community vibe, or proximity to key areas.

While the median unit value hasn't changed over the last 12 months, the rental market for units has seen a significant increase of 9.1%. This could mean that while buying a unit might not have shown immediate capital growth, the rental returns are quite attractive, making it a potentially good option for those looking to generate rental income. Similarly, houses have also seen a healthy 7.1% increase in rent, which is great news for investors focusing on rental yield.

Overall, Atwell offers a balanced investment opportunity. The strong growth in house values and rental returns for both houses and units suggest that the suburb is on an upward trajectory. For young investors or those new to the market, Atwell presents a mix of potential capital growth and solid rental income, making it a suburb worth considering for your investment portfolio.

	Houses	Units
Median price Past 3 months	$980K	N/A
Change in value Past 12 months	12.9%	17.3%
Sold Past 3 months	23	6
Median days on market Past 12 months	9	N/A
Average rent Past 12 months	$750	$600
Change in rent Past 12 months	7.1%	9.1%

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