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Heathridge suburb profile

Heathridge is a welcoming suburb located in the northern suburbs of Perth, Western Australia. Known for its family-friendly atmosphere, it offers a mix of residential options, including spacious homes and modern developments. The suburb is well-served by local amenities, including schools, parks, and shopping centers, making it an ideal location for families and professionals. Heathridge is conveniently situated near the coast, providing easy access to beautiful beaches and outdoor recreational activities. With its strong community spirit and convenient transport links to Perth CBD, Heathridge is a desirable place to call home.

Heathridge property market performance

Current median dwelling price$690,000Past 3 months

Property growth+13.6%Past 12 months

Heathridge's property market has shown robust growth over the past 12 months, with house values increasing by 14.3%. The current median house price stands at $1.06 million, reflecting strong demand in the area. However, there is no data available for units, indicating a lack of unit sales activity.

Sales activity for houses has been brisk, with 32 houses sold in the past 12 months. Houses are moving quickly, with a median time on market of just 8 days, highlighting the competitive nature of the market.

The rental market for houses in Heathridge has also seen positive movement, with average rent increasing by 5.9% over the last 12 months to $720. Again, there is no data for units, suggesting limited rental activity in this segment.

HousesUnits
Median price
Past 3 months
$1.06MN/A
Change in value
Past 12 months
14.3%N/A
Sold
Past 3 months
32N/A
Median days on market
Past 12 months
8N/A
Average rent
Past 12 months
$720N/A
Change in rent
Past 12 months
5.9%N/A

5 year median price trend for houses and units

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Heathridge demographics

Heathridge, located in the northern suburbs of Perth, offers a family-friendly environment with a strong sense of community. The suburb's population of 6,898 enjoys a median age of 36, indicating a balanced mix of young families and established residents. With a median total household income of $1,782 per week, Heathridge provides a comfortable lifestyle for its inhabitants.

The suburb is characterized by a significant proportion of couple families with children, accounting for 42.6% of the population. This is complemented by 36.8% of couple families without children, and 19.3% of one-parent families, reflecting a diverse family structure. The presence of only 1.3% of other families highlights the traditional family-oriented nature of the community.

In terms of property ownership, Heathridge exhibits a strong inclination towards homeownership, with 26% of properties owned outright and 49.9% owned with a mortgage. This stability is further supported by a relatively low rental rate of 24.1%, indicating a preference for long-term residency. The suburb's appeal is enhanced by its proximity to local amenities, parks, and schools, making it an attractive option for families seeking a suburban lifestyle with easy access to the city.

Heathridge infrastructure, key developments and investment opportunities

Heathridge benefits from established infrastructure, with proximity to major shopping hubs such as Lakeside Joondalup and Whitfords, as well as Joondalup Health Campus and Edith Cowan University, which supports long-term housing demand from families, students and health workers.[2][7] The suburb is well serviced by public transport via bus links to Edgewater train station and easy freeway access, enhancing commuter appeal and underpinning buyer interest from those working in Joondalup and the Perth CBD.[2][7]

Local amenity remains a key drawcard, with multiple primary and secondary schools, numerous parks and recreational facilities, and quick access to Mullaloo and other nearby beaches contributing to lifestyle appeal and tenant demand.[2][7] There are currently no widely publicised major new infrastructure or redevelopment projects specific to Heathridge itself, so short- to medium-term property market performance is likely to be driven mainly by its central location, existing transport links and ongoing growth of the broader Joondalup activity centre.[2][5]

Heathridge rental market trends

The rental market in Heathridge has experienced moderate growth, with house rents increasing by 5.9% over the past year to $720 per week. However, there is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Heathridge remains a desirable location for families and investors seeking stable returns in a suburban setting.

Suburbs near Heathridge

Some popular suburbs near Heathridge include:

How does Heathridge compare to nearby suburbs?

  • Median house prices: Heathridge’s median house price is 1.0% higher than Beldon’s.
  • Median unit prices: Heathridge’s median unit price is 21.7% lower than Joondalup’s.
  • House price growth: Over the past 12 months, house prices in Heathridge have grown 3.5% higher than in Beldon.
  • Unit price growth: Over the past 12 months, unit prices in Heathridge have grown 0.1% higher than in Craigie.
  • Selling speed for houses: Properties in Heathridge are selling 27.3% faster than in Connolly.
  • Selling speed for units: Properties in Heathridge are selling 38.1% faster than in Joondalup.
  • Investment considerations: In Heathridge, the rental yield for house is 5.3% lower than the Perth average, while the rental yield for units is 14.4% higher.
  • House price growth: Over the past 12 months, house prices in Heathridge have grown 13.1% lower than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Heathridge have grown 33.9% higher than the average rate of growth for units across Perth.

Common questions about Heathridge

  • Is Heathridge a nice place to live?

    Heathridge is a charming suburb that offers a delightful blend of suburban tranquility and coastal proximity, making it a lovely place to call home. The suburb is known for its peaceful vibe and strong sense of community, which is particularly appealing to families. With its lush parks and green spaces, Heathridge provides ample opportunities for outdoor activities and relaxation. The suburb's location near the coast means that beautiful beaches are just a short drive away, perfect for weekend outings or after-work relaxation.

    Families will find Heathridge particularly appealing due to its excellent local amenities, including a variety of schools and shopping centers. The suburb's infrastructure supports a convenient lifestyle, with easy access to public transport and major roads connecting residents to the Perth CBD and surrounding areas. Safety is generally not a concern in Heathridge, adding to its appeal as a family-friendly suburb.

    While Heathridge offers a fantastic lifestyle, there are some trade-offs to consider. The suburb does not have the bustling nightlife or trendy cafes found in more urban areas, which might be a downside for those seeking a more vibrant social scene. However, this is balanced by the suburb's serene environment and the strong community spirit that makes it a welcoming place for families and professionals alike. Overall, Heathridge is a wonderful choice for those seeking a suburban lifestyle with the added benefit of coastal living.

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  • Is it expensive to live in Heathridge?

    Living in Heathridge can be considered expensive, especially when you look at the current property market. The median house price is around $1,060,000, which is quite high compared to other suburbs in Perth. With no units available, the housing options are limited to houses, making it a challenge for those looking for more affordable living arrangements.

    The average rent for houses in Heathridge is $720 per week, which can take a significant chunk out of the average household income. The median total household income in Heathridge is $1,782 per week, and when you compare this with the average wage in Western Australia of approximately $95,000 per year, it becomes clear that a substantial portion of income would be required to cover housing costs.

    Overall, while Heathridge offers a suburban lifestyle within reach of Perth, the cost of living, particularly in terms of housing, is on the higher side. If you're thinking of living in Heathridge, it's important to consider whether your financial situation can accommodate these expenses, especially given the limited housing options and high property prices.

    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 Heathridge a good place to invest?

    Heathridge is showing promising signs as a suburb worth considering for investment, particularly in the housing market. Over the last 12 months, the median house value in Heathridge has increased by an impressive 14.3%, indicating strong demand and potential for capital growth. This surge suggests that the suburb is gaining popularity among buyers, which could be attributed to its appealing lifestyle and amenities.

    While the unit market hasn't seen the same level of growth, with no change in median unit value or rent over the past year, the housing market's performance is a positive indicator for investors. The 5.9% increase in house rents also highlights a healthy rental market, suggesting that investors could benefit from steady rental income. Heathridge's combination of rising house values and rental demand makes it an attractive option for those looking to invest in a suburb with growth potential.

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Choose the right real estate agents in Heathridge

Choosing the right real estate agent in Heathridge can have a big impact on your sale. While there are 46 real estate agents working in the suburb, but just 5 of them were responsible for 56.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.5% to 2.79%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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