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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:

Common questions about Aveley

  • Is Aveley a nice place to live?

    Aveley is a delightful suburb that offers a harmonious blend of suburban tranquility and modern conveniences, making it a fantastic place to live. Its charming atmosphere is perfect for families, with beautifully landscaped parks, lakes, and walking trails that provide ample opportunities for outdoor activities. The suburb's vibrant community spirit is evident in its well-maintained public spaces and the variety of local events that bring residents together. Aveley's proximity to the Swan Valley wine region adds a touch of sophistication, offering residents easy access to renowned wineries and gourmet experiences.

    For families, Aveley is particularly appealing due to its excellent educational facilities, including primary schools and a secondary college, which cater to the needs of young learners. The suburb's infrastructure supports a comfortable lifestyle, with shopping centers and community facilities readily available. Safety is generally not a major concern, contributing to the suburb's reputation as a nurturing environment for raising children. The recent developments, such as the Ellenbrook Sports Hub, further enhance the recreational options available to residents, ensuring there's always something to do.

    While Aveley offers a peaceful and family-friendly environment, it does come with some trade-offs. The suburb's rapid growth and development may lead to increased traffic and congestion, particularly during peak hours. Additionally, while the new Ellenbrook train station improves connectivity, the commute to Perth's CBD can still be time-consuming for those who work in the city. However, for those who value a suburban lifestyle with access to natural attractions and a strong community feel, Aveley is an attractive choice that balances work, family, and leisure beautifully.

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  • Is it expensive to live in Aveley?

    Aveley is a suburb that offers a balanced lifestyle with a touch of modernity, but it does come with a price tag that reflects its appeal. The current median house price in Aveley is $715,000, while units are more affordable at $450,000. If you're considering renting, the average rent for houses is $680 per week, and for units, it's $620 per week. These figures suggest that housing costs in Aveley are relatively high, especially when compared to other suburbs in the region.

    When we look at the income side of things, the average weekly wage in Aveley is approximately $2,100, translating to an annual salary of around $109,000. This is slightly above the median total household income in the area, which is $2,165 per week. While the wages are competitive, the cost of housing can still take a significant portion of one's income, indicating that living in Aveley might be on the expensive side.

    Overall, Aveley presents a desirable living environment with modern amenities and a community feel. However, if you're thinking of living in Aveley, it's important to consider the relatively high housing costs and how they align with your financial situation. Balancing the attractive lifestyle with the expenses is key to making the most of what Aveley has to offer.

    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 the housing market. Over the past year, the suburb has experienced a significant 25.2% increase in median house values, indicating strong demand and potential for capital growth. This kind of growth suggests that Aveley is becoming an increasingly desirable location, likely due to its appealing lifestyle and amenities.

    In terms of rental returns, Aveley also presents a compelling case. House rents have risen by 13.3% over the last year, while unit rents have seen an even more impressive increase of 17.0%. This indicates a strong rental market, which is great news for investors looking for steady rental income. While the growth in unit values has been more modest at 3.5%, the substantial rise in rental prices suggests a healthy demand for rental properties.

    Overall, Aveley offers a mix of strong capital growth potential and attractive rental returns, making it a suburb worth considering for investment. Its recent performance in both property value and rental increases highlights its potential as a solid investment choice in the current market.

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