Question 1

Is Lockridge a nice place to live?

Accepted Answer

Lockridge is a quietly suburban pocket in Perth's north-eastern area, made up mostly of low-rise, single-storey homes on modest to generous blocks and established street trees. It is a community of 3,322 people with a median age of 38 and a median household income of $1,206 a week. Families make up a large share: couple families with children are the single largest group at 35.6%, and together with couple families without children account for about two-thirds of families. Home ownership is common, with 68.2% owned outright or with a mortgage and 31.8% rented.

Everyday life centres on local parks, sporting ovals and small shopping nodes, while larger retail and services are a short drive away. Transport connections and main roads give straightforward links to surrounding suburbs and the city, and the METRONET Ellenbrook line serves the area via nearby stations such as Morley and Noranda. The City of Swan is planning active-transport and cycle links to those stations, and local projects include an advocated playground replacement at the Lockridge Family Centre. That combination tends to suit households seeking garden space, practical living and a calmer neighbourhood rather than high-density apartment life.

Question 2

Is it expensive to live in Lockridge?

Accepted Answer

Housing costs in Lockridge sit well above what local households were earning at the last Census. A median house price of $815,000 works out to about 13 times a typical local annual household income at the last Census. Rents would also take a large share of income: the average house rent of $650 a week is roughly 54% of a typical local household's weekly income at the last Census, and the average unit rent of $615 a week is about 51% of that weekly income.

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

Question 3

Is Lockridge a good place to invest?

Accepted Answer

House values jumped 26.1% over the past 12 months, a strong rise in what houses in Lockridge are worth. House rents rose 9.2% over the same period, a solid increase in the income those properties generate. On the house side, capital growth outpaced rental growth this year.

For someone weighing up Lockridge as an investment, the value change shows past capital growth and the rent change shows past rental income; which of those matters more depends on your own goals and circumstances.

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.

	Houses	Units
Median price Past 3 months	$815K	N/A
Change in value Past 12 months	26.1%	N/A
Sold Past 3 months	11	N/A
Median days on market Past 12 months	8	N/A
Average rent Past 12 months	$650	$615
Change in rent Past 12 months	9.2%	N/A

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