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Bennett Springs suburb profile

Bennett Springs is a serene suburb located in the northeastern part of Perth, Western Australia, offering a peaceful residential environment. Known for its spacious parks and family-friendly atmosphere, it attracts those seeking a suburban lifestyle with easy access to urban amenities. The suburb features a mix of modern homes and well-planned developments, catering to families and professionals alike. Bennett Springs is conveniently situated near major transport routes, providing easy connectivity to Perth CBD and surrounding areas. Its community-oriented vibe and proximity to shopping centers and schools make it an appealing choice for residents.

Bennett Springs property market performance

Property growth+12.2%Past 12 months

Bennett Springs has experienced a robust property market over the past 12 months, with house values soaring by 19%, bringing the median house price to $1.05 million. The suburb has not seen any unit sales or value changes, indicating a lack of activity in the unit market.

In terms of sales activity, 10 houses were sold in the last three months, with houses spending a median of just 11 days on the market, highlighting strong demand and quick turnover for houses in the area.

The rental market for houses in Bennett Springs has also seen growth, with average rents increasing by 6.7% over the past year to $800 per week. The unit rental market remains inactive, reflecting the absence of units in the area.

HousesUnits
Median price
Past 3 months
$1.04MN/A
Change in value
Past 12 months
19.2%N/A
Sold
Past 3 months
12N/A
Median days on market
Past 12 months
12N/A
Average rent
Past 12 months
$800N/A
Change in rent
Past 12 months
6.7%N/A

5 year median price trend for houses and units

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Bennett Springs demographics

Bennett Springs, located in the northeastern suburbs of Perth, is a family-friendly area known for its peaceful residential environment and community-oriented lifestyle. With a population of 5,929, the suburb is characterized by a youthful median age of 32, reflecting a vibrant community of young families and professionals. The area is well-suited for those seeking a suburban lifestyle with the convenience of city access, as it is situated within a reasonable distance from Perth's central business district.

The suburb's housing landscape is predominantly composed of owner-occupied properties, with 65.1% of homes owned with a mortgage and 18.7% owned outright. This indicates a stable community with a significant number of residents investing in long-term homeownership. Rental properties make up a smaller portion of the housing market at 16.1%, appealing to those who prefer flexibility or are new to the area.

Family life is a central aspect of Bennett Springs, with 59.7% of households being couple families with children, highlighting the suburb's appeal to families seeking a supportive environment. Additionally, 24.0% of households are couple families without children, and 15.0% are one-parent families, showcasing a diverse range of family structures. The suburb's community spirit is further enhanced by local parks, schools, and amenities that cater to the needs of its residents, making Bennett Springs an attractive option for those looking to settle in a welcoming and family-oriented community.

Bennett Springs infrastructure, key developments and investment opportunities

Bennett Springs sits within the City of Swan’s designated Urban Growth Corridor, with ongoing residential infill and subdivision activity gradually increasing housing supply and supporting modern housing stock.[1] Proximity to key arterial roads such as Reid Highway, Tonkin Highway and Drumpellier Drive underpins good access to employment hubs across the metro area, which generally supports buyer demand and underlies long-term value growth potential.[1][6]

The suburb benefits from easy access to established retail and employment precincts in nearby areas, as well as recreational spaces linked to the Swan Valley and Whiteman Park, enhancing lifestyle appeal for families and investors.[1] At present there are no widely publicised major new transport, school or commercial projects within Bennett Springs itself, so market performance is being driven more by broader corridor growth, connectivity, and ongoing local residential development rather than a single transformational project.

Bennett Springs rental market trends

The rental market in Bennett Springs has experienced moderate growth, with house rents increasing by 6.7% over the past year to $800 per week. However, there is no data available for unit rents, indicating a potential lack of unit rental properties in the area. This suburb offers opportunities for investors focusing on house rentals in a growing market.

Suburbs near Bennett Springs

Some popular suburbs near Bennett Springs include:

How does Bennett Springs compare to nearby suburbs?

  • Median house prices: Bennett Springs’s median house price is 12.8% higher than Beechboro’s.
  • House price growth: Over the past 12 months, house prices in Bennett Springs have grown 2.1% higher than in Eden Hill.
  • Selling speed for houses: Properties in Bennett Springs are selling 14.3% faster than in Caversham.
  • House price growth: Over the past 12 months, house prices in Bennett Springs have grown 11.4% lower than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Bennett Springs have grown 25.9% lower than the average rate of growth for units across Perth.

Common questions about Bennett Springs

  • Is Bennett Springs a nice place to live?

    Bennett Springs is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the northeastern part of Perth, it provides a peaceful residential setting that is perfect for those seeking a suburban lifestyle with the convenience of city access. The suburb is known for its spacious parks and community-oriented vibe, which are ideal for families looking to enjoy outdoor activities and a supportive neighborhood.

    The suburb's proximity to major transport routes ensures easy connectivity to Perth CBD and surrounding areas, making it a convenient choice for professionals commuting to the city. Bennett Springs boasts a mix of modern homes and well-planned developments, catering to both families and professionals. The presence of nearby shopping centers and schools adds to the suburb's appeal, providing residents with essential amenities within easy reach.

    While Bennett Springs offers a peaceful and community-focused lifestyle, it does come with a few trade-offs. The suburb lacks the bustling nightlife and cultural attractions of inner-city areas, which might be a consideration for those seeking a more vibrant social scene. However, the tranquility and family-friendly atmosphere more than compensate for this, making it an attractive option for families and those looking to settle in a welcoming community.

    Safety is generally not a major concern in Bennett Springs, contributing to its appeal as a family-oriented suburb. The area is well-suited for those who value a stable community with a focus on long-term homeownership. Overall, Bennett Springs is a charming suburb that offers a balanced lifestyle with the benefits of suburban living and easy access to urban amenities.

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  • Is it expensive to live in Bennett Springs?

    Living in Bennett Springs can be quite costly, particularly when it comes to housing. The current median house price is $1,050,000, which is significantly higher than many other suburbs in Perth. With no units available, options for more affordable housing are limited. Renting a house in Bennett Springs will set you back around $800 per week, which is also on the higher side compared to other areas in the city.

    When you compare these figures to the average wage in Perth, which is about $85,000 per year, it becomes clear that a significant portion of one's income would need to be allocated towards housing costs in Bennett Springs. The median total household income in the suburb is $2,077 per week, which suggests that many residents have dual incomes or higher-than-average earnings to afford living here.

    Overall, if you are thinking of living in Bennett Springs, it's essential to consider the high property prices and rental costs. While the suburb may offer a desirable lifestyle, the financial commitment required is substantial, making it a less affordable option for those earning an average salary in Perth.

    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 Bennett Springs a good place to invest?

    Bennett Springs is showing promising signs for property investors, particularly in the housing market. Over the past year, the suburb has experienced a significant 19.0% increase in median house values, indicating strong demand and potential for capital growth. This growth is a positive signal for investors looking to benefit from property appreciation. The rental market for houses has also seen a healthy 6.7% increase, suggesting a robust demand for rental properties, which can provide a steady income stream for landlords.

    While the unit market in Bennett Springs has remained stable with no change in median values or rents over the past year, this stability can be appealing to investors seeking low-risk opportunities. The suburb's appeal is further enhanced by its family-friendly environment and proximity to essential amenities, making it attractive to both renters and buyers. Overall, Bennett Springs offers a compelling investment opportunity, especially for those focusing on houses, with its strong growth potential and solid rental returns.

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Choose the right real estate agents in Bennett Springs

There are 32 real estate agents in Bennett Springs, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 42.9% of all sales in the past year.

Commission rates in Bennett Springs typically range from 2% to 2.93%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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