Maddington suburb profile
Maddington is a suburb located approximately 20km southeast of Perth's CBD, known for its blend of residential, commercial, and industrial areas. It offers a diverse community atmosphere with a range of amenities, including shopping centers, schools, and parks. Maddington is well-connected by public transport, with a train station on the Armadale line and several bus routes. The suburb features a mix of housing options, from older homes to newer developments, catering to a variety of lifestyles. Its strategic location and growing infrastructure make Maddington an appealing choice for families and businesses alike.
Maddington property market performance
Maddington's property market has experienced significant growth over the past 12 months, with house values soaring by 35.6% and unit values increasing by 21.7%. The current median house price stands at $610,500, while the median unit price is $400,000, indicating robust demand across both property types.
Sales activity has been active, with 67 houses and 7 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 12 days on the market and units even less at 10 days, highlighting strong buyer interest.
The rental market in Maddington has also seen substantial changes, with house rents increasing by 17.3% and unit rents rising by 22.2% over the last year. The average rent for houses is now $645, while units average $550, reflecting the area's growing appeal to renters.
Median price - houses$611KPast 3 months
Median price - units$400KPast 3 months
Change in value - houses35.6%12 months
Change in value - units21.7%12 months
Houses sold67Past 3 months
Units sold7Past 3 months
Median DOM - houses12Past 12 months
Median DOM - units10Past 12 months
Average rent - houses$645Past 12 months
Average rent - units$550Past 12 months
Change in rent - houses17.3%Past 12 months
Change in rent - units22.2%Past 12 months
Maddington demographics
Maddington, located in the southeastern suburbs of Perth, is a community that balances suburban living with accessibility to urban amenities. With a population of 12,419, Maddington offers a family-friendly environment, as evidenced by the 49.2% of couple families with children. The median age of 35 suggests a blend of young families and established residents, contributing to a vibrant community atmosphere.
The suburb's housing landscape is diverse, with a significant portion of properties owned with a mortgage (46.5%), indicating a strong presence of homeowners investing in the area. Additionally, 24.2% of properties are owned outright, reflecting a stable community with long-term residents. Renting is also a viable option, with 29.3% of properties available for rent, catering to those seeking flexibility or new to the area.
Maddington's median total household income of $1,364 per week aligns with its family-oriented demographic, supporting a comfortable suburban lifestyle. The suburb's proximity to shopping centers, schools, and parks makes it an attractive choice for families and individuals alike. With its blend of homeownership and rental opportunities, Maddington continues to appeal to a wide range of residents looking for a balanced lifestyle within reach of Perth's city center.
Maddington infrastructure, key developments and investment opportunities
Maddington is undergoing several developments that may impact its property market. The suburb is seeing a mix of new residential projects, with around 300-400 new houses being built in new estates, potentially increasing housing supply and attracting new residents. The Maddington Central shopping centre (formerly Centro Maddington) continues to be a key amenity, housing major retailers and services that enhance the area's livability.
Public transport remains a strong point for Maddington, with the local train station and multiple bus routes providing good connectivity to Perth CBD and surrounding areas. The suburb's proximity to major roads like Albany Highway, Roe Highway, and Tonkin Highway also enhances its accessibility. While specific large-scale infrastructure projects are not mentioned, the ongoing residential development and established amenities position Maddington as an affordable option for homebuyers, with potential for future growth.
Maddington rental market trends
The rental market in Maddington is experiencing significant growth, with house rents increasing by 17.3% over the past year to $645 per week, while unit rents have surged 22.2% to $550 per week. This upward trend highlights Maddington's appeal as a desirable location for both renters and investors, driven by its affordability and potential for future development.
Suburbs near Maddington
Some popular suburbs near Maddington include: