Get a property report and suburb profile for any property in Girrawheen

Girrawheen is a charming suburb that offers a delightful blend of community spirit and suburban tranquility, making it a lovely place to call home. With its welcoming atmosphere and diverse population, it provides a rich cultural tapestry that appeals to families and individuals alike. The suburb is known for its family-friendly vibe, with plenty of parks and green spaces where children can play and families can enjoy picnics or leisurely strolls. The presence of local schools and shopping centers ensures that residents have access to essential amenities without needing to venture far from home.

Safety is generally not a major concern in Girrawheen, contributing to its appeal as a family-oriented suburb. The area is well-connected to Perth and surrounding suburbs, thanks to its proximity to major roads and public transport options, making commuting relatively straightforward. While Girrawheen may not offer the bustling nightlife of inner-city areas, it compensates with a peaceful environment and a strong sense of community, which many families find appealing.

However, living in Girrawheen does come with some trade-offs. The suburb is undergoing significant changes, including proposed rezoning initiatives that could lead to increased land values and new developments. While this growth may enhance the area's appeal, it could also bring about changes in the community dynamic and housing landscape. Despite these potential changes, Girrawheen remains an attractive option for those seeking an affordable, community-focused lifestyle within easy reach of Perth's amenities. For families, the suburb offers a supportive environment with a variety of housing options, making it a great place to settle down and enjoy a balanced suburban lifestyle.

Living in Girrawheen can be considered relatively affordable compared to other suburbs in the Perth area. With a current median house price of $642,500 and a median unit price of $440,000, property prices here are generally lower than in many other parts of the city. Renting is also reasonably priced, with the average rent for houses at $572 per week and units at $550 per week over the last year.

When you look at the income data, the median total household income in Girrawheen is about $1,239 per week, which translates to around $64,428 annually. This is slightly above the average wage in Girrawheen, which is approximately $60,000 per year. Compared to the broader Perth area, where the average income is typically higher, Girrawheen offers a more budget-friendly option for those looking to balance income with housing costs.

Overall, if you are thinking of living in Girrawheen, it provides a more affordable living option while still offering the amenities and conveniences of suburban life. It's a great choice for those who want to maintain a reasonable cost of living without compromising on access to the city and its services.

Girrawheen is showing promising signs as a potential investment hotspot. Over the past year, the suburb has experienced a significant increase in property values, with median house values rising by an impressive 35.2% and unit values not far behind at 33.8%. This strong growth indicates a robust demand for properties in the area, which is an encouraging sign for investors looking for capital appreciation.

In addition to the rise in property values, rental returns in Girrawheen have also seen a healthy boost. Rents for houses have increased by 14.5%, while units have seen a similar rise of 14.6%. This suggests a strong rental market, making it an attractive option for those seeking reliable rental income. The combination of rising property values and rental yields points to a vibrant market that could offer solid returns for investors.

Overall, Girrawheen presents a compelling case for investment, with its recent growth in both property values and rental income. While it's important to consider broader market trends and individual circumstances, the current data suggests that Girrawheen could be a worthwhile suburb to explore for those interested in the real estate market.