Question 1

Is Hazelmere a nice place to live?

Accepted Answer

Hazelmere is a charming suburb that offers a peaceful and semi-rural lifestyle, making it a delightful place to call home. With its spacious properties and a serene environment, it provides a tranquil escape from the hustle and bustle of city life. The suburb is known for its close-knit community, where residents enjoy a slower pace of life, surrounded by pockets of natural beauty. Families will find Hazelmere particularly appealing, as it offers a safe and welcoming atmosphere with plenty of green spaces for children to explore and play.

While Hazelmere is primarily known for its industrial areas, it strikes a unique balance between residential and commercial environments. The suburb's strategic location near major transport routes, such as the Great Eastern Highway and Roe Highway, ensures easy access to Perth's CBD and surrounding regions. This connectivity is a significant advantage for those who value convenience and accessibility to amenities. However, potential residents should be aware that the proximity to the airport and major roads may result in some aircraft and traffic noise, which could be a trade-off for the suburb's otherwise peaceful setting.

For families, Hazelmere offers a stable community with a mix of family types, contributing to its welcoming atmosphere. While the suburb may not have major new developments in schools or hospitals, its proximity to Midland and other nearby hubs provides access to essential services and amenities. Overall, Hazelmere is an appealing choice for those seeking a quiet, suburban lifestyle with the added benefit of being within reach of Perth's amenities and employment opportunities.

Question 2

Is it expensive to live in Hazelmere?

Accepted Answer

Living in Hazelmere can be considered relatively affordable, especially when compared to other suburbs in the Perth region. With the current median house and unit prices, as well as rental prices, listed as $0, it suggests that there might be limited data available or that the market is not as active as in other areas. This could imply that housing options might be more varied or not as competitive, potentially offering some affordable opportunities for those looking to settle in the area.

The average wage in Hazelmere is around 85,000 AUD per year, which aligns closely with the average income in Perth. With a median total household income of $1,208 per week, residents in Hazelmere appear to have a reasonable income level to support their living expenses. This balance between income and the cost of living suggests that Hazelmere might be a financially accessible suburb for many.

In conclusion, if you're thinking of living in Hazelmere, it seems to offer a more affordable living option compared to some of the more expensive suburbs in Perth. While the lack of specific property price data might require further investigation, the area's income levels and potential for affordable housing make it an attractive choice for those looking to manage their expenses effectively.

Question 3

Is Hazelmere a good place to invest?

Accepted Answer

Hazelmere is showing promising signs as a potential investment suburb, particularly for those interested in houses. Over the last 12 months, the median house value in Hazelmere has surged by an impressive 24.5%, indicating strong demand and a healthy appreciation in property values. This growth suggests that the suburb is gaining popularity, possibly due to its appealing location and the lifestyle it offers.

However, it's important to note that the rental market in Hazelmere has remained stable, with no significant changes in rent for both houses and units over the past year. This stability might appeal to investors seeking consistent rental income without the volatility seen in other markets. While the unit market hasn't experienced the same growth as houses, this could present an opportunity for those looking to enter the market at a more affordable price point.

Overall, Hazelmere's recent surge in house values makes it an attractive option for investors looking for capital growth. The suburb's potential for future development and its current stability in the rental market provide a balanced investment opportunity. As always, it's essential to consider the broader market trends and local factors when making investment decisions.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	18.0%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	21	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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