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

Harrisdale is a relatively new residential suburb in Perth’s south, characterised by modern homes, townhouses and neat streetscapes. Parks, playgrounds and suburban reserves are woven through the area, providing regular green space for children and weekend activity. Couple families with children make up 64.4% of families, about 11,667 people live here with a median age of 33, and 79.7% of homes are owner-occupied.

Everyday needs are met by a modest local shopping centre and nearby retail nodes, while arterial roads and bus links connect residents with larger centres. Schools, sports facilities and casual outdoor recreation are close at hand, and local investment includes an upgrade to Yellowwood Park with youth-oriented features and infrastructure work at Harrisdale Primary School that includes removal of transportable classrooms. Whether Harrisdale suits you depends on whether you value contemporary housing, nearby green space and an established owner-occupied community.

On the figures for Harrisdale, a median house price of $1,065,000 is about 8.5 times a typical local household's annual income at the last Census (weekly household income $2,412 ? annual $125,424). That places buying a house well above what local households earned at the last Census.

Renting a house at $800 a week would take roughly 33.2% of a typical local household's weekly income at the last Census, a sizeable share. On these figures, renting looks the more manageable option for many people, while buying sits at a high multiple of local income.

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

The most striking movement in Harrisdale over the past year is house values, which rose 15.6%, a strong increase. House rents climbed 6.7% over the same 12 months, a solid rise. The figures show that, for houses, capital growth outpaced rental income during the year; the value change and the rent change are the two numbers to weigh depending on whether you care more about price growth or rental income. Whether that balance suits your goals and circumstances is for you to decide.

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.