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Aveley suburb profile

Aveley is a picturesque suburb located in the northeastern part of Perth, Western Australia, within the City of Swan. Known for its family-friendly atmosphere, Aveley offers a harmonious blend of modern living and natural beauty. The suburb features a range of housing options, from contemporary homes to spacious estates, catering to diverse lifestyles. Residents enjoy access to well-maintained parks, walking trails, and community facilities, fostering an active outdoor lifestyle. Aveley's proximity to the Swan Valley wine region adds to its appeal, providing easy access to wineries, gourmet food, and local attractions. With its strong sense of community and convenient amenities, Aveley is a sought-after destination for families and professionals alike.

Aveley property market performance

Aveley's property market has shown strong growth over the past 12 months, with house values increasing by 11.5%. The current median house price stands at $901,000. The unit market remains largely inactive, with no significant sales or price changes reported.

Sales activity for houses has been robust, with 52 houses sold in the past year. Houses are selling quickly, with a median of just 8 days on the market, indicating high demand. The unit market, however, has seen minimal activity, with only one unit sold.

The rental market for houses in Aveley has also experienced growth, with average rents increasing by 8.7% over the last 12 months, reaching $750. The unit rental market remains inactive, reflecting the limited supply and demand for units in the area.

HousesUnits
Median price
Past 3 months
$903KN/A
Change in value
Past 12 months
13.1%N/A
Sold
Past 3 months
601
Median days on market
Past 12 months
8N/A
Average rent
Past 12 months
$750N/A
Change in rent
Past 12 months
7.9%N/A

5 year median price trend for houses and units

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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 balanced lifestyle. The suburb's appeal is further enhanced by its proximity to the Swan Valley, offering residents easy access to wineries, breweries, and scenic landscapes.

The housing market in Aveley is predominantly owner-occupied, with a significant 69.2% of properties owned with a mortgage, reflecting the suburb's popularity among first-time homebuyers and growing families. Only 11.7% of homes 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, supported by local schools, parks, and recreational facilities.

Aveley's community is diverse, with 29.4% of households being couple families without children and 16.3% being one-parent families. This mix contributes to a vibrant and inclusive atmosphere, where residents enjoy a variety of social and cultural activities. The suburb's median total household income of $2,165 per week reflects its economic vitality, attracting professionals and families looking for a comfortable and convenient lifestyle within reach of Perth's city center.

Aveley infrastructure, key developments and investment opportunities

Aveley continues to benefit from its role as a growing masterplanned suburb, with family-friendly housing, local schools and nearby shopping contributing to steady demand. Its established parks, open spaces and close connection to Ellenbrook support livability and make the area attractive to owner-occupiers and renters alike.

Transport and connectivity remain important influences on the suburb, with road access improving through recent network upgrades and future rail access planned through the Metronet extension. The area’s proximity to the Swan Valley also adds lifestyle appeal, which can help underpin property values over time. At present, there are no major newly completed local projects in Aveley that appear likely to materially change the property market in the short term.

Aveley rental market trends

The rental market in Aveley has experienced growth, with house rents increasing by 8.7% over the past year to $750 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Aveley continues to attract interest with its suburban appeal and growing community infrastructure.

Suburbs near Aveley

Some popular suburbs near Aveley include:

How does Aveley compare to nearby suburbs?

  • Median house prices: Aveley’s median house price is 3.8% higher than Ellenbrook’s.
  • House price growth: Over the past 12 months, house prices in Aveley have grown 10.2% higher than in The Vines.
  • Selling speed for houses: Properties in Aveley are selling 33.3% faster than in Ellenbrook.
  • House price growth: Over the past 12 months, house prices in Aveley have grown 21.2% lower than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Aveley have grown 11.8% lower than the average rate of growth for units across Perth.

Common questions about Aveley

  • Is Aveley a nice place to live?

    Aveley is a delightful suburb that offers a charming blend of modern living and natural beauty, making it a wonderful place to call home. Its family-friendly atmosphere is complemented by a strong sense of community, making it particularly appealing to families and professionals seeking a balanced lifestyle. The suburb is known for its peaceful vibe, with well-maintained parks and walking trails that encourage an active outdoor lifestyle. Aveley's proximity to the Swan Valley wine region adds a touch of sophistication, providing residents with easy access to wineries, gourmet food, and local attractions.

    For families, Aveley provides a nurturing environment with access to quality schools and community facilities. The suburb's modern amenities ensure that residents have everything they need within reach, from shopping centers to cafes and recreational spaces. Safety is generally not a major concern, contributing to the overall sense of security and comfort in the area. However, as a rapidly growing community, Aveley does experience some trade-offs, such as ongoing development and construction, which can occasionally disrupt the tranquility.

    While Aveley may not offer the bustling nightlife of inner-city areas, it compensates with a serene lifestyle and a strong community feel. The suburb's connectivity is continually improving, with recent road network upgrades and future rail access planned, making commuting to Perth's city center more convenient. Ultimately, Aveley is a fantastic choice for those who value a peaceful, family-oriented environment with the added bonus of being close to the scenic Swan Valley.

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  • Is it expensive to live in Aveley?

    Living in Aveley can be seen as relatively expensive when considering the current property market and average earnings. With the median house price at $901,000, purchasing a home here requires a significant investment. The absence of units on the market means fewer affordable options for those not looking to buy a house. Renting is also on the higher side, with the average rent for houses over the past year being $750 per week.

    When you compare these costs to the average wage in Aveley, which stands at approximately $93,000 per year, it becomes clear that a substantial portion of income would need to be allocated towards housing. This is slightly above the average wage in Western Australia, but the high property prices and rents still pose a challenge for many residents. If you are thinking of living in Aveley, it's important to weigh these financial commitments against the lifestyle benefits the suburb offers.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Aveley a good place to invest?

    Aveley is showing promising signs as a good place to invest, especially if you're looking at houses. Over the past year, the suburb has experienced an impressive 11.5% increase in median house values, indicating strong demand and potential for capital growth. This rise in house prices is complemented by an 8.7% increase in rent for houses, suggesting that the rental market is also thriving. This combination of rising property values and rental income makes houses in Aveley an attractive investment option.

    While units in Aveley haven't seen the same level of growth, with both median values and rents remaining stable over the past year, this stability can still appeal to investors seeking a more predictable market. The lack of change in unit prices might also present an opportunity for those looking to enter the market at a more affordable level, with the potential for future growth as the suburb continues to develop.

    Overall, Aveley's recent performance in the housing market, coupled with its rental growth, makes it a suburb worth considering for investment. The strong demand for houses suggests a vibrant community and a desirable location, which are key factors for long-term investment success.

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Choose the right real estate agents in Aveley

Currently, there are 101 real estate agents working in Aveley—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 101 agents sold 39.1% of all properties in Aveley over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Aveley typically charge a commission of 2% to 2.93%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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