Question 1

Is Northbridge a nice place to live?

Accepted Answer

Northbridge is an inner-city Perth cultural and nightlife precinct centred on a lively dining strip and Chinatown. It mixes dense apartment living and converted warehouses with pockets of quieter residential streets, while the Perth Cultural Centre provides a focus for galleries, the museum and the state library. The suburb draws students, young professionals and creatives who value walkability, late-night venues and easy access to public transport and the CBD. The community has 1,420 people, a median age of 31, and renting is the dominant tenure at 68.1% of homes.

A major Perth Cultural Centre rejuvenation backed by state and federal funding is progressing with public-realm works and public art, Roe Street upgrades have improved streetscape, footpaths and cycle links to the CBD, and a Special Entertainment Precinct with related noise and land-use controls is in place. That mix of cultural institutions, nightlife and ongoing public-realm investment, together with a rental-heavy housing market, tends to suit people after an inner-city, walkable, socially active setting; whether Northbridge suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Northbridge?

Accepted Answer

Rents in Northbridge (6003) take a large share of local incomes at the last Census. With a median total household income of $1,853 a week at the last Census, the average house rent of $798 a week would take about 43.1% of that weekly income, and the average unit rent of $750 a week would take about 40.5%. For people looking to rent, those figures show rent would take a large portion of a typical local household's income at the last Census; whether that feels expensive will depend on your own income and circumstances.

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 Northbridge a good place to invest?

Accepted Answer

The standout over the past year is unit capital growth: unit values in Northbridge rose 16.7%, a strong increase, while the rent those units earn rose 8.7%, a solid gain. House rents climbed 10.8%, a strong rise and the largest movement among the rental figures, so the income a house would earn increased more than unit income over the year.

For someone weighing Northbridge as an investment, the numbers show stronger capital growth on the unit side this year and stronger rental growth on the house side; what that balance means for you 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	N/A	N/A
Change in value Past 12 months	N/A	16.7%
Sold Past 3 months	N/A	7
Median days on market Past 12 months	N/A	12
Average rent Past 12 months	$798	$750
Change in rent Past 12 months	10.8%	8.7%

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