Ellenbrook suburb profile
Ellenbrook is a rapidly growing suburb located in the northeastern part of Perth, Western Australia. Known for its master-planned community, Ellenbrook offers a blend of modern living and natural beauty, with numerous parks, lakes, and walking trails. The suburb is designed with a strong focus on family-friendly amenities, including schools, shopping centers, and recreational facilities. Ellenbrook's vibrant town center serves as a hub for local businesses and community events, fostering a strong sense of community. With ongoing development and excellent transport links to Perth CBD, Ellenbrook is an attractive option for families and professionals seeking a balanced lifestyle.
Ellenbrook property market performance
Ellenbrook’s property market has experienced significant growth over the past 12 months, with house values increasing by 17.6%. The current median house price stands at $725,000, reflecting strong demand in the area. In contrast, the unit market has remained stagnant, with no change in median value and a median price of $0, indicating limited activity or availability in this segment.
Sales activity has been robust, with 162 houses sold over the past 12 months. Houses are selling quickly, with a median of 29 days on the market, suggesting a competitive market. The unit market, with only 5 sales, shows a median of 17 days on the market, but this may not be indicative of broader trends due to the low volume.
The rental market for houses in Ellenbrook has seen moderate growth, with average rents increasing by 4.6% over the last 12 months to $680. The unit rental market remains inactive, with no change in rent prices, reflecting the limited unit market activity.
Houses | Units | |
---|---|---|
Median price Past 3 months | $725K | N/A |
Change in value Past 12 months | 17.6% | N/A |
Sold Past 3 months | 162 | 5 |
Median days on market Past 12 months | 29 | 17 |
Average rent Past 12 months | $680 | N/A |
Change in rent Past 12 months | 4.6% | N/A |
5 year median price trend for houses and units
Ellenbrook demographics
Ellenbrook, 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 24,668 and a median age of 32, Ellenbrook is a youthful suburb that attracts young families and professionals seeking a balanced lifestyle. The suburb's design as a master-planned community offers residents a blend of urban convenience and suburban tranquility, with parks, schools, and shopping centers all within easy reach.
The housing landscape in Ellenbrook is predominantly characterized by homeownership, with 59.4% of properties owned with a mortgage, reflecting the suburb's appeal to first-time homebuyers and growing families. Additionally, 15.5% of homes are owned outright, indicating a stable community with long-term residents. Rental properties make up 25.2% of the housing market, providing options for those seeking flexibility or transitioning into homeownership.
Family life is central to Ellenbrook's community, with 51.3% of households being couple families with children, and 20% being one-parent families. This strong family presence is supported by a range of local amenities, including schools, recreational facilities, and community events that foster a close-knit atmosphere. The suburb's median household income of $1,846 per week suggests a comfortable standard of living, making Ellenbrook an attractive option for those looking to settle in a vibrant and supportive community.
Ellenbrook infrastructure, key developments and investment opportunities
Ellenbrook is experiencing significant developments that are likely to impact its property market. The suburb is set to benefit from improved connectivity with the construction of the Morley-Ellenbrook rail line, expected to be completed by late 2024. This major infrastructure project will enhance accessibility to Perth's CBD and surrounding areas, potentially increasing property values and attracting new residents.
The ongoing expansion of Ellenbrook Central shopping precinct, including new retail and dining options, continues to boost the suburb's amenities. Additionally, the planned development of the Ellenbrook District Open Space will provide enhanced recreational facilities for residents. These improvements, combined with Ellenbrook's established community feel and proximity to the Swan Valley, are likely to sustain strong demand for properties in the area and contribute to its appeal as a family-friendly suburb.
Ellenbrook rental market trends
The rental market in Ellenbrook has experienced moderate growth, with house rents increasing by 4.6% over the past year to $680 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Ellenbrook continues to attract interest with its family-friendly environment and expanding local amenities.
Suburbs near Ellenbrook
Some popular suburbs near Ellenbrook include:
How does Ellenbrook compare to nearby suburbs?
- Median house prices: Ellenbrook’s median house price is 7.1% lower than Aveley’s.
- House price growth: Over the past 12 months, house prices in Ellenbrook have grown 2.0% higher than in Brabham.
- Selling speed for houses: Properties in Ellenbrook are selling 14.7% faster than in Dayton.
- House price growth: Over the past 12 months, house prices in Ellenbrook have grown 24.9% lower than the average rate of growth across Perth.
- Unit price growth:Over the past 12 months, unit prices in Ellenbrook have grown 3.7% lower than the average rate of growth for units across Perth.