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Bushmead suburb profile

Bushmead is a serene suburb located in the eastern part of Perth, Western Australia, known for its commitment to preserving natural bushland and fostering a sustainable community. Situated approximately 16km from the Perth CBD, Bushmead offers residents a tranquil lifestyle with a focus on environmental conservation. The suburb is surrounded by lush greenery and offers numerous walking trails and parks, making it ideal for nature enthusiasts. With a strong emphasis on eco-friendly living, Bushmead attracts families and individuals who value a peaceful environment and a close-knit community. Its proximity to essential amenities and transport links ensures convenience without compromising its natural charm.

Bushmead property market performance

Bushmead's property market has remained stable over the past 12 months, with no change in median house or unit values. The median house price and unit price both stand at $0, indicating a unique market situation. Despite this, there has been some activity, with 10 houses sold in the past year, while no units have been sold.

Houses in Bushmead are selling quickly, with a median of just 14 days on the market, reflecting strong demand. The unit market, however, remains inactive with no sales recorded.

The rental market for houses in Bushmead has seen a significant increase, with average rent rising by 18.7% over the last 12 months to $890. The unit rental market remains unchanged, with no recorded activity.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-43.7%N/A
Sold
Past 3 months
10N/A
Median days on market
Past 12 months
14N/A
Average rent
Past 12 months
$890N/A
Change in rent
Past 12 months
18.7%N/A

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Bushmead demographics

Bushmead, located in Western Australia, is a burgeoning suburb that offers a serene lifestyle amidst natural surroundings. With a population of just 677, it provides a close-knit community atmosphere, ideal for families and individuals seeking a peaceful retreat from the hustle and bustle of city life. The median age of 32 suggests a youthful demographic, with many young families and professionals calling Bushmead home.

The suburb is characterized by a high percentage of home ownership, with 85.2% of properties owned with a mortgage, indicating a strong commitment to long-term residency among its inhabitants. Only a small fraction, 1.6%, of the housing market is rental, which underscores the stability and investment in the area. The median total household income of $2742 per week reflects a relatively affluent community, likely attracted by the suburb's modern amenities and proximity to natural reserves.

Family life is a significant aspect of Bushmead, with 42.1% of households being couple families with children and 47.8% being couple families without children. This balance highlights the suburb's appeal to both growing families and those enjoying a quieter lifestyle. The absence of other family types and a low percentage of one-parent families (10%) further emphasizes the suburb's family-oriented nature. Bushmead's unique blend of modern living and natural beauty makes it an attractive option for those looking to settle in a tranquil yet connected environment.

Bushmead infrastructure, key developments and investment opportunities

Bushmead remains a relatively new residential suburb, with much of its appeal centred on planned estates, generous open space and retained bushland, which continue to support demand from buyers seeking a modern, low-density lifestyle. Its location within easy driving distance of Midland and the Perth CBD also keeps it attractive for commuters who want a quieter setting without sacrificing access to jobs and services.

There are no major new infrastructure projects or school upgrades identified in the available sources that are likely to materially change the property market in Bushmead at this time. Ongoing infill and housing activity in the estate may gradually add supply, while the suburb’s green character and proximity to established retail and transport links remain the main long-term drawcards.

Bushmead rental market trends

The rental market in Bushmead has experienced significant growth, with house rents increasing by 18.7% over the past year to $890 per week. However, there is no data available for unit rents, indicating a potential lack of unit availability in the area. Bushmead's appeal continues to rise, making it an attractive option for those seeking a suburban lifestyle with strong rental returns.

Suburbs near Bushmead

Some popular suburbs near Bushmead include:

Common questions about Bushmead

  • Is Bushmead a nice place to live?

    Bushmead is a delightful suburb that offers a serene and sustainable lifestyle, making it a wonderful place to live. Nestled in the eastern part of Perth, it is known for its commitment to preserving natural bushland and fostering a close-knit community. The suburb's peaceful atmosphere is complemented by its lush greenery and numerous walking trails, which are perfect for nature enthusiasts and families looking to enjoy the great outdoors. Its proximity to essential amenities and transport links ensures that residents have convenient access to everything they need while still enjoying the tranquility of their surroundings.

    Families will find Bushmead particularly appealing due to its strong sense of community and focus on eco-friendly living. The suburb's modern amenities and emphasis on sustainability make it an attractive option for those who value a peaceful environment. While Bushmead offers a tranquil lifestyle, it does come with a few trade-offs. The suburb's focus on preserving natural spaces means that there may be limited options for nightlife and entertainment compared to more urban areas. However, the nearby hubs of Midland and the Perth CBD provide ample opportunities for shopping, dining, and cultural experiences, ensuring that residents can enjoy the best of both worlds.

    Safety is generally not a major concern in Bushmead, as the suburb's commitment to community and environmental conservation fosters a secure and welcoming atmosphere. While the suburb may not have major new infrastructure projects or school upgrades on the horizon, its green character and proximity to established retail and transport links remain key attractions. Ultimately, Bushmead is a charming suburb that offers a unique blend of modern living and natural beauty, making it an ideal choice for families and individuals seeking a tranquil yet connected environment.

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  • Is it expensive to live in Bushmead?

    Living in Bushmead, a suburb of Perth, presents a unique situation when it comes to assessing the cost of living. With the current median house and unit prices not available, it seems the real estate market here might be relatively new or underdeveloped. However, the average rent for houses is $890 per week, which is a significant expense to consider.

    When comparing the median total household income in Bushmead, which is $2,742 per week, to the average wage in Perth of approximately $85,000 per year, it appears that households in Bushmead generally earn a comfortable income. This income level suggests that while the rental prices are on the higher side, they might be manageable for those living in the area.

    Overall, if you are thinking of living in Bushmead, it's important to weigh the relatively high rental costs against the household income levels. Without current property purchase prices, renting might be the primary consideration for now. The suburb's affordability will largely depend on individual financial situations and lifestyle preferences.

    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 Bushmead a good place to invest?

    Bushmead presents an intriguing opportunity for investors, particularly those interested in rental income. While the median house and unit values have remained stable over the past year, the rental market tells a different story. House rents have surged by an impressive 18.7%, indicating strong demand from tenants. This suggests that while property values have not increased, the rental yield potential is quite attractive, making it a good option for those looking to generate steady rental income.

    The stability in property values might not appeal to those seeking quick capital gains, but it does offer a level of predictability and security. Bushmead's appeal lies in its potential for consistent rental returns, especially for houses. The lack of change in unit values and rents suggests a more stable market for units, which might appeal to investors looking for low-risk, long-term investments. Overall, Bushmead offers a unique blend of stable property values and strong rental growth, making it a worthwhile consideration for investors focused on rental income.

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