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Port Kennedy suburb profile

Port Kennedy is a picturesque coastal suburb located in the southern part of Perth, Western Australia. Known for its stunning beaches and natural beauty, it offers a relaxed lifestyle with a strong focus on outdoor activities. The suburb is home to the Port Kennedy Scientific Park, which provides a habitat for diverse wildlife and offers scenic walking trails. Residents enjoy easy access to shopping centers, schools, and recreational facilities, making it an ideal location for families and retirees. With its blend of coastal charm and modern amenities, Port Kennedy continues to attract those seeking a serene yet convenient living environment.

Port Kennedy property market performance

Port Kennedy's property market has experienced significant growth over the past 12 months, with house values soaring by 29.1% and unit values increasing by an impressive 38.8%. The current median house price stands at $695,000, while the median unit price is $329,900, indicating strong demand across both property types.

Sales activity has been robust, with 69 houses sold in the past 12 months, compared to just 3 units, highlighting a preference for houses in the area. Houses are selling rapidly, with a median of just 8 days on the market, whereas units are taking considerably longer at 67 days, suggesting a slower unit market.

The rental market in Port Kennedy has also seen notable changes, with house rents increasing by 9.1% and unit rents rising by 16.9% over the last 12 months. The average rent for houses is now $600, while units average $345, reflecting a strong rental demand.

Median price - houses$700KPast 3 months

Median price - units$330KPast 3 months

Change in value - houses28.3%12 months

Change in value - units38.8%12 months

Houses sold70Past 3 months

Units sold4Past 3 months

Median DOM - houses8.5Past 12 months

Median DOM - units67Past 12 months

Average rent - houses$620Past 12 months

Average rent - units$345Past 12 months

Change in rent - houses10.7%Past 12 months

Change in rent - units16.9%Past 12 months

Port Kennedy demographics

Port Kennedy, located in Western Australia, is a coastal suburb known for its family-friendly environment and scenic beaches. With a population of 13,477 and a median age of 36, it is a community that balances youthful energy with mature stability. The suburb is particularly appealing to families, as evidenced by the 46.3% of couple families with children, making it a vibrant place for raising kids. The median total household income of $1921 per week suggests a comfortable standard of living for its residents.

Housing in Port Kennedy is predominantly owner-occupied, with 54.2% of properties owned with a mortgage and 22.4% owned outright. This indicates a stable community with a significant number of long-term residents. The rental market is smaller, with only 23.4% of properties being rented, which may appeal to those looking for more permanent housing solutions. The suburb's housing landscape reflects its appeal to families and individuals seeking a settled lifestyle.

The community structure in Port Kennedy is diverse, with 33.7% of couple families having no children and 18.7% being one-parent families. This diversity contributes to a rich community fabric, offering various social and recreational opportunities. The suburb's proximity to natural attractions and its family-oriented amenities make it an attractive option for those seeking a balanced lifestyle with access to both urban conveniences and outdoor activities.

Port Kennedy infrastructure, key developments and investment opportunities

Port Kennedy is experiencing significant developments that could impact its property market. The Port Kennedy Scientific Park, part of the Rockingham Lakes Regional Park, protects unique wetland formations and threatened ecological communities, enhancing the suburb's environmental appeal. This conservation effort may contribute to the area's long-term desirability for nature-conscious homebuyers.

Recent infrastructure improvements include the expansion of Port Kennedy Primary School, which has grown to accommodate around 670 students, potentially attracting more families to the area. Additionally, the suburb benefits from improved public transport connectivity with multiple bus routes linking Port Kennedy to Warnbro Station and surrounding areas. These enhancements in education and transportation infrastructure are likely to sustain property demand and potentially increase values in Port Kennedy.

Port Kennedy rental market trends

The rental market in Port Kennedy is experiencing notable growth, with house rents increasing by 9.1% over the past year to $600 per week, while unit rents have surged 16.9% to $345 per week. This coastal suburb is attracting attention from both renters and investors, driven by its appealing lifestyle and strong rental demand.

Suburbs near Port Kennedy

Some popular suburbs near Port Kennedy include:

Common questions about Port Kennedy

  • Is Port Kennedy a nice place to live?

    Port Kennedy is a delightful coastal suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. With its charming beaches and lush natural surroundings, the suburb provides a peaceful lifestyle that is perfect for those who love the outdoors. The community vibe is welcoming and relaxed, with a strong focus on family life and outdoor activities. Residents enjoy the convenience of nearby shopping centers, schools, and recreational facilities, which cater to the needs of families and individuals alike.

    The suburb's safety and community spirit are appealing to families, providing a secure environment for raising children. The presence of the Port Kennedy Scientific Park adds to the suburb's allure, offering scenic walking trails and a habitat for diverse wildlife, making it a haven for nature enthusiasts. While Port Kennedy may not have the bustling nightlife of inner-city areas, it compensates with its tranquil atmosphere and the opportunity to enjoy a balanced lifestyle.

    One trade-off of living in Port Kennedy is the distance from Perth's city center, which might be a consideration for those who commute daily. However, the suburb's improved public transport connectivity helps mitigate this, offering convenient links to surrounding areas. For families seeking a settled lifestyle with access to both urban conveniences and natural beauty, Port Kennedy is an attractive choice. The ongoing developments and infrastructure improvements further enhance its appeal, ensuring a comfortable and enjoyable living experience for its residents.

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  • Is it expensive to live in Port Kennedy?

    Living in Port Kennedy can be considered moderately priced, especially when compared to other suburbs in the Perth region. The current median house price is $695,000, which is relatively affordable compared to more central or coastal Perth suburbs. For those looking at units, the median price is even more budget-friendly at $329,900. Renting in Port Kennedy also offers reasonable options, with the average rent for houses being $600 per week and $345 per week for units.

    When we look at the income data, the average weekly household income in Port Kennedy is $1,921. This figure is fairly comparable to the average income in Perth, suggesting that the cost of living in Port Kennedy aligns well with the earnings of its residents. This balance between income and housing costs makes Port Kennedy an attractive option for those looking to live in a suburb that offers both affordability and a comfortable lifestyle.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Port Kennedy a good place to invest?

    Port Kennedy is showing promising signs as a great place to invest, especially with the impressive growth in property values over the past year. The suburb has seen a remarkable 29.1% increase in median house values and an even more striking 38.8% rise in unit values. This suggests a strong demand for properties in the area, which is a positive indicator for potential investors looking for capital growth.

    In addition to the surge in property values, rental prices in Port Kennedy have also experienced significant increases. House rents have gone up by 9.1%, while unit rents have jumped by 16.9%. This trend indicates a healthy rental market, making it an attractive option for investors seeking rental income. The combination of rising property values and rental yields suggests that Port Kennedy is a suburb with strong investment potential.

    Overall, Port Kennedy's recent performance in both property value growth and rental increases makes it a compelling choice for investors. The suburb's ability to deliver both capital appreciation and rental income growth positions it as a solid investment opportunity in the current market.

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