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Morley is a delightful suburb that offers a fantastic blend of suburban tranquility and urban convenience, making it a wonderful place to live. Known for its vibrant community and family-friendly atmosphere, Morley is a suburb that caters to a diverse range of lifestyles. The area is characterized by a welcoming vibe, with a strong sense of community that is particularly appealing to families. The presence of parks and green spaces provides ample opportunities for outdoor activities, making it a great place for children to play and families to enjoy leisurely weekends together.

One of Morley's standout features is its proximity to a wide array of amenities. The suburb is home to numerous cafes, restaurants, and shopping options, ensuring that residents have everything they need right at their doorstep. The Galleria Shopping Centre is a major drawcard, offering a plethora of retail and dining experiences. Additionally, Morley's well-connected public transport system makes commuting to Perth's CBD and other areas a breeze, adding to the suburb's appeal for professionals and families alike.

Safety is generally not a major concern in Morley, contributing to its reputation as a secure and comfortable place to raise a family. However, like any bustling suburb, it does come with some trade-offs. The vibrant commercial precincts can lead to increased traffic and a busier atmosphere, which might not suit those seeking a quieter lifestyle. Despite this, the suburb's ongoing developments and improvements, such as the enhancement of local sporting facilities, continue to boost its livability and attractiveness.

For families, Morley offers a balanced lifestyle with access to good schools and community amenities. The suburb's mix of classic family homes and modern apartments provides a range of housing options to suit different needs. While property prices may reflect the suburb's desirability, the investment is often seen as worthwhile given the quality of life on offer. Overall, Morley is a charming suburb that successfully combines the best of suburban living with the conveniences of urban life, making it a highly desirable place to call home.

Living in Morley can be seen as moderately expensive, especially when considering the current property market. The median house price is around $802,500, while units are priced at approximately $515,000. These figures suggest that purchasing property in Morley requires a significant financial commitment. For those considering renting, the average rent for houses is $695 per week, and for units, it's $650 per week, which can be quite a substantial part of one's monthly budget.

Comparing this to the average wage in Morley, which is about $85,000 per year, the cost of living, particularly in terms of housing, might be challenging for some. The median total household income weekly is $1,583, which indicates that a considerable portion of income would be directed towards housing expenses. This makes Morley less affordable than some other suburbs, especially for individuals or families earning around the average wage.

Overall, while Morley offers a convenient location with various amenities, the cost of living, particularly housing, is on the higher side. If you are thinking of living in Morley, it's crucial to evaluate your financial situation to ensure it aligns with the costs associated with residing in this suburb.

Morley is shaping up to be an attractive suburb for property investment, thanks to its impressive growth in both house and unit values over the past year. With a remarkable 25.0% increase in median house values and a 22.7% rise in unit values, Morley is clearly experiencing a strong upward trend in property prices. This kind of growth suggests a high demand for properties in the area, making it a promising option for investors looking to capitalize on capital appreciation.

In addition to the rising property values, Morley has also seen significant increases in rental prices, with house rents up by 16.8% and unit rents climbing by 22.6% over the last 12 months. This indicates a robust rental market, which is great news for investors seeking reliable rental income. The combination of strong capital growth and increasing rental yields makes Morley a compelling choice for those looking to invest in real estate.

Overall, Morley's recent performance in both property values and rental returns highlights its potential as a solid investment suburb. The ongoing demand for housing, coupled with its rental market strength, suggests that Morley could offer both capital appreciation and steady rental income, making it an appealing option for property investors.