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Ballajura suburb profile

Ballajura is a well-established suburb located approximately 14km north of Perth's CBD, known for its family-friendly environment and community-oriented lifestyle. The suburb features a mix of residential areas, including modern homes and older properties, catering to diverse housing needs. Ballajura offers a range of amenities, such as shopping centers, schools, and recreational facilities, making it a convenient place for families. The suburb is surrounded by natural attractions, including lakes and parks, providing residents with ample outdoor activities. Its proximity to major transport routes ensures easy access to the city and surrounding areas, enhancing its appeal to commuters and families alike.

Ballajura property market performance

Ballajura's property market has experienced significant growth over the past 12 months, with house values increasing by 24.3% and unit values surging by 28%. The current median house price stands at $762,500, while the median unit price is $107,000, indicating strong demand in both sectors.

Sales activity has been robust, with 44 houses sold in the past 12 months, although only one unit was sold, reflecting limited supply or demand in the unit market. Houses are selling rapidly, with a median of just 9 days on the market, and units are moving even faster at 7 days.

The rental market in Ballajura has also seen notable increases, with house rents rising by 8.3% and unit rents by 18.9% over the last year. The average rent for houses is $650, while units average $550, highlighting a strong rental demand in the area.

Median price - houses$758KPast 3 months

Median price - units$107KPast 3 months

Change in value - houses22.2%12 months

Change in value - units28.0%12 months

Houses sold40Past 3 months

Units sold1Past 3 months

Median DOM - houses9Past 12 months

Median DOM - units7Past 12 months

Average rent - houses$650Past 12 months

Average rent - units$600Past 12 months

Change in rent - houses8.3%Past 12 months

Change in rent - units20.0%Past 12 months

Ballajura demographics

Ballajura, located in the northern suburbs of Perth, is a family-friendly area known for its community-oriented atmosphere and suburban charm. With a population of 18,459, it offers a balanced lifestyle with a median age of 37, indicating a mature community with a mix of young families and established residents. The suburb is well-regarded for its parks, schools, and recreational facilities, making it an attractive choice for families looking to settle down.

The housing landscape in Ballajura is predominantly owner-occupied, with 30.7% of properties owned outright and 51.0% owned with a mortgage. This high rate of home ownership reflects the suburb's appeal to those seeking long-term stability and investment in their living arrangements. Only 18.4% of properties are rented, suggesting a more settled community compared to inner-city areas.

Family dynamics in Ballajura are diverse, with 48.3% of households being couple families with children, and 31.3% being couple families without children. One-parent families make up 18.7% of the community, highlighting the suburb's inclusive nature. The median total household income of $1,726 per week supports a comfortable lifestyle, with residents enjoying the benefits of suburban living while still having access to the amenities and opportunities of nearby Perth.

Ballajura infrastructure, key developments and investment opportunities

Ballajura is undergoing several infrastructure developments that may impact its property market. The expansion of Ballajura Community College, set to complete in early 2025, will enhance local education facilities by adding new classrooms and improved learning spaces. This could attract more families to the area. Additionally, the ongoing redevelopment of Ballajura City Shopping Centre aims to introduce new retail options and community spaces, potentially boosting local amenities and property desirability.

The suburb is also benefiting from improved connectivity, with upgrades to bus routes providing better access to nearby employment hubs and the Perth CBD. The planned extension of the Morley-Ellenbrook rail line, while not directly servicing Ballajura, is expected to enhance public transport options in the broader region. These infrastructure improvements, combined with Ballajura's family-friendly atmosphere and proximity to nature reserves, are likely to sustain strong interest in the local property market.

Ballajura rental market trends

The rental market in Ballajura is experiencing notable growth, with house rents increasing by 8.3% over the past year to $650 per week, while unit rents have surged 18.9% to $550 per week. This upward trend highlights Ballajura's appeal as a desirable location for both renters and investors, driven by its community amenities and accessibility.

Suburbs near Ballajura

Some popular suburbs near Ballajura include:

Common questions about Ballajura

  • Is Ballajura a nice place to live?

    Ballajura is a delightful suburb that offers a wonderful blend of suburban charm and accessibility, making it a fantastic place to live. Known for its family-friendly environment, Ballajura provides a welcoming atmosphere with a strong sense of community. The suburb is characterized by its peaceful residential streets, which are lined with a mix of modern and older homes, catering to a variety of housing preferences. Families are particularly drawn to Ballajura due to its excellent schools and abundance of recreational facilities, ensuring that children have plenty of opportunities for both education and play.

    Residents of Ballajura enjoy the convenience of nearby shopping centers and local amenities, which contribute to the suburb's vibrant yet relaxed vibe. The presence of natural attractions, such as lakes and parks, offers ample opportunities for outdoor activities, making it an ideal location for those who appreciate nature and a healthy lifestyle. Safety is generally not a major concern in Ballajura, adding to its appeal for families seeking a secure environment to raise their children.

    However, living in Ballajura does come with some trade-offs. While the suburb offers a serene lifestyle, it may not have the bustling nightlife or cultural scene found in more urban areas. Additionally, although the suburb is well-connected to Perth's CBD via major transport routes, commuting during peak hours can be time-consuming. Despite these minor drawbacks, Ballajura remains a highly attractive option for families and individuals looking for a balanced lifestyle with the benefits of suburban living and easy access to city amenities.

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  • Is it expensive to live in Ballajura?

    Living in Ballajura can be considered moderately expensive compared to other suburbs in the Perth area. With a current median house price of $762,500, purchasing a home in Ballajura requires a significant financial commitment. For those considering renting, the average rent for houses is $650 per week, while units are slightly more affordable at $550 per week.

    When comparing these figures to the average annual wage in Ballajura, which is around $91,000, it's evident that a substantial portion of income would be allocated towards housing costs. The median total household income weekly is $1,726, which suggests that while housing is a significant expense, it may still be manageable for dual-income households or those earning above the average wage.

    Overall, Ballajura offers a balanced lifestyle with its suburban charm and amenities, but it's important to consider the financial implications of living there. If you're thinking of making Ballajura your home, it's crucial to evaluate your budget and ensure it aligns with the housing costs in this suburb.

    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 Ballajura a good place to invest?

    Ballajura is showing strong signs of being a promising investment suburb, especially with its impressive growth in property values over the past year. The median house value has increased by 24.3%, while units have seen an even more significant rise of 28.0%. This upward trend suggests a robust demand for properties in the area, which is a positive indicator for potential investors.

    In addition to the capital growth, rental yields in Ballajura are also on the rise. House rents have increased by 8.3%, and unit rents have surged by 18.9% over the last 12 months. This makes Ballajura an attractive option for investors seeking strong rental returns. The combination of rising property values and rental income potential highlights the suburb's appeal to both buyers and renters.

    Overall, Ballajura's recent performance in the property market, characterized by significant value appreciation and rental growth, makes it a compelling choice for investment. The suburb's ability to attract both homeowners and tenants suggests a stable and promising future, making it a worthwhile consideration for those looking to invest in real estate.

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