Aveley suburb profile
Aveley is a picturesque suburb located in the northeastern part of Perth, Western Australia, known for its family-friendly atmosphere and modern amenities. Nestled within the Swan Valley region, Aveley offers residents a blend of suburban tranquility and access to renowned wineries and gourmet experiences. The suburb features beautifully landscaped parks, lakes, and walking trails, making it ideal for outdoor enthusiasts. With a range of schools, shopping centers, and community facilities, Aveley caters to the needs of families and professionals alike. Its strategic location provides easy access to major transport routes, enhancing connectivity to Perth's CBD and surrounding areas.
Aveley property market performance
Aveley's property market has experienced significant growth over the past 12 months, particularly in the housing sector. House values have surged by 25.2%, with the median house price reaching $715,000. In contrast, unit values have seen a modest increase of 3.5%, bringing the median unit price to $450,000.
Sales activity has been robust for houses, with 73 sold in the past 12 months, while only 1 unit was sold, indicating a stronger demand for houses. Houses are selling rapidly, with a median of just 9 days on the market, compared to 31 days for units, suggesting a slower unit market.
The rental market in Aveley has also seen notable changes, with house rents increasing by 13.3% and unit rents rising by 17% over the last 12 months, reflecting a strong demand for rental properties in the area.
Median price - houses$735KPast 3 months
Median price - units$450KPast 3 months
Change in value - houses24.7%12 months
Change in value - units3.5%12 months
Houses sold68Past 3 months
Units sold2Past 3 months
Median DOM - houses11Past 12 months
Median DOM - units31Past 12 months
Average rent - houses$685Past 12 months
Average rent - units$620Past 12 months
Change in rent - houses10.5%Past 12 months
Change in rent - units17.0%Past 12 months
Aveley demographics
Aveley, located in the northeastern suburbs of Perth, is a rapidly growing community known for its family-friendly environment and modern amenities. With a population of 13,998 and a median age of 31, Aveley is a youthful suburb that attracts young families and professionals seeking a suburban lifestyle with easy access to the city. The suburb's proximity to the Swan Valley wine region and various parks and recreational facilities makes it an attractive place for those who enjoy outdoor activities and a relaxed lifestyle.
The housing market in Aveley is predominantly owner-occupied, with a significant 69.2% of properties owned with a mortgage, reflecting the suburb's appeal to first-time homebuyers and young families. Only 11.7% of properties are owned outright, while 19.1% are rented, indicating a stable community with a strong sense of ownership. The high percentage of couple families with children, at 53.3%, underscores Aveley's reputation as a family-oriented suburb, offering a safe and nurturing environment for raising children.
The median total household income of $2,165 per week suggests a relatively affluent community, with residents enjoying a comfortable standard of living. The suburb's infrastructure, including schools, shopping centers, and public transport options, supports its growing population and enhances its appeal as a desirable place to live. Aveley's blend of modern living, community spirit, and access to natural attractions makes it a sought-after location for those looking to balance work, family, and leisure.
Aveley infrastructure, key developments and investment opportunities
Aveley, a rapidly growing outer suburb of Perth, is experiencing significant developments that are shaping its property market. The suburb has seen substantial population growth, with a 127.2% increase between 2011 and 2016, indicating strong demand for housing in the area. This growth is supported by the ongoing development of Aveley as a masterplanned community, offering a range of amenities and services to residents.
The suburb boasts two primary schools and a secondary college, making it attractive to families. The recently completed Ellenbrook Sports Hub, featuring four soccer fields and clubrooms, enhances recreational facilities for residents. Additionally, the proximity to the new Ellenbrook train station on the Ellenbrook line improves public transport connectivity. These factors, combined with Aveley's self-sufficient community design and abundance of green spaces, including 114 hectares of wetland and bush reserves, are likely to sustain property demand and potentially drive value growth in the coming years.
Aveley rental market trends
The rental market in Aveley is experiencing significant growth, with house rents increasing 13.3% over the past year to $680 per week, while unit rents have surged 17.0% to $620 per week. This upward trend highlights Aveley's appeal as a desirable location for both renters and investors, driven by its expanding amenities and community-focused lifestyle.
Suburbs near Aveley
Some popular suburbs near Aveley include: