Get a property report and suburb profile for any property in Nollamara

Nollamara is an established inner-northern Perth suburb with tree-lined streets and a mix of modest postwar brick homes and newer infill townhouses, favoured by families and renovators. It is home to about 12,779 people, with a median age of 34 and a median household income of $1,492 a week. Families make up the bulk of households, and homes are slightly more often owner-occupied than rented, with 52.5% owner-occupied and 47.4% rented.

Everyday life centres on several parks and sporting reserves that support an active outdoor lifestyle and a small multicultural shopping strip that meets routine needs. Regular bus services and nearby arterial roads keep surrounding centres and the city within easy reach, so the suburb has a quiet, down-to-earth neighbourhood feel while remaining well connected. Recent and planned local works include clubroom and reserve upgrades, conversion of the Nollamara Bowls Club green to synthetic turf, planned improvements at the Stirling Community Centre, a shopping-centre pop-up plaza trial and a major nearby expansion of Osborne Park Hospital as part of the New Women and Babies Hospital Project.

On these figures, renting in Nollamara would take a large share of a typical local household's weekly income as recorded at the most recent Census. A house rent of $730 a week is about 48.9% of the median household weekly income of $1,492 at the last Census, and a unit rent of $725 a week is about 48.7% of that same income.

Buying also sits well above local incomes at the last Census: the median house price of $875,000 is about 11.3 times a typical local annual household income, while the median unit price of $845,000 is about 10.9 times that income. If you plan to rent the rent-share numbers are the most directly relevant; if you plan to buy, the price multiples are the key measures.

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

Over the past 12 months in Nollamara, both house and unit values rose strongly — house values climbed 24.0% and unit values increased 21.6%. Rents also moved up, though less sharply: house rents rose 7.4% while unit rents increased 9.8%. Taken together, capital growth outpaced rental growth over the year, and unit rents grew a little faster than house rents; what that balance means for you will depend on whether you prioritise capital gains or rental income.

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.