Question 1

Is Bull Creek a nice place to live?

Accepted Answer

Bull Creek is an established southern suburb of Perth with a green suburban feel centred on the Bull Creek waterway and pockets of parkland. It is anchored by Bull Creek station on the Mandurah line and a local bus interchange, with shops and cafes clustered nearby. Streets are dominated by single-storey brick homes from the late twentieth century alongside pockets of newer townhouses, so it attracts families and professionals who commute to the city or to the nearby Murdoch University and hospital precinct. Easy freeway access, playgrounds and sporting reserves make everyday life practical.

The community numbers 8,030 people and has a median age of 44; couple families with children are the largest family group and owner-occupation is the prevailing tenure at 80.0% of homes. The typical household reports a median total weekly income of $1,880, roughly $97,760 a year. A station precinct planning process is guiding transit-oriented development around Bull Creek station, the station has been the subject of recent asset and maintenance works, the Murdoch health and knowledge precinct is being expanded with a new Women and Babies Hospital and other projects, and upgrades to the Bullcreek Leeming Amateur Football Club facilities are recorded as progressing. Whether Bull Creek suits you depends on what you need from a suburb.

Question 2

Is it expensive to live in Bull Creek?

Accepted Answer

A median house in Bull Creek currently sits at $1,485,000, which is about 15.2 times a typical local household's annual income at the last Census, placing buying well above what people locally earned then.

Renting a house at $825 a week would take roughly 44% of a typical local household's weekly income at the last Census, a large share of income. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Bull Creek a good place to invest?

Accepted Answer

House values in Bull Creek climbed strongly over the past 12 months, rising 16.8%. Over the same period house rents increased a more modest 3.1%, so capital growth outpaced rental growth on the house side this year.

If you're weighing Bull Creek as an investment, the 16.8% change is the figure that shows capital growth over the year, while the 3.1% rent rise is the one that relates to rental income; whether that balance suits your goals depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.49M	N/A
Change in value Past 12 months	16.8%	N/A
Sold Past 3 months	16	N/A
Median days on market Past 12 months	11	N/A
Average rent Past 12 months	$825	N/A
Change in rent Past 12 months	3.1%	N/A

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