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Queens Park is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience, making it a wonderful place to call home. With its peaceful streets and welcoming atmosphere, it is particularly appealing to families seeking a nurturing environment. The suburb is known for its vibrant community spirit and offers a variety of housing options, from older homes to modern developments, catering to diverse needs. Its proximity to Perth's CBD ensures residents enjoy easy access to city amenities while still relishing the calm of suburban life.

The suburb boasts a lively vibe, with a strong sense of community and a youthful energy that attracts both families and young professionals. Queens Park is well-served by public transport, making commuting a breeze, and its location provides convenient access to shopping centers, schools, and recreational facilities. The abundance of parks and green spaces offers plenty of opportunities for outdoor activities, making it an ideal spot for families and nature enthusiasts alike.

While Queens Park offers a fantastic lifestyle, there are a few trade-offs to consider. The ongoing development in the area means that some parts of the suburb may experience construction activity, which could be a minor inconvenience for some residents. Additionally, while the suburb is generally safe, as with any area, it's always wise to remain vigilant, particularly at night. Despite these minor considerations, Queens Park remains a highly desirable suburb for those seeking a balanced lifestyle with a strong community feel.

Living in Queens Park can be considered moderately expensive, especially when compared to other suburbs in Western Australia. The median house price is currently $674,000, which is quite reasonable compared to the soaring prices in some of Perth's more affluent areas. However, it's important to note that the median unit price is not available, which might limit options for those looking for more affordable housing alternatives.

When it comes to renting, the average rent for houses is $680 per week, while units average $600. These figures suggest that renting in Queens Park is somewhat aligned with the average rental prices in the Perth area, making it a viable option for those earning an average salary. The average wage in Queens Park is $112,000 per year, which is slightly above the Western Australian average, suggesting that residents might find it manageable to cover living expenses, including housing costs.

Overall, Queens Park offers a balanced lifestyle with reasonable property prices and rents. If you are thinking of living in Queens Park, it's a good idea to consider your financial situation and how it aligns with the housing costs in this suburb. Despite the moderate expense, Queens Park provides a pleasant living environment with access to amenities and services, making it an attractive choice for many.

Queens Park is showing strong signs of being a promising investment suburb, especially with the impressive growth in property values over the past year. The suburb has experienced a significant 25.0% increase in median house values and an even more remarkable 33.8% rise in unit values. This indicates a robust demand for properties in the area, making it an attractive option for investors looking for capital growth.

In addition to the rising property values, Queens Park also offers solid rental returns. Over the last 12 months, rent for houses has increased by 7.9%, while units have seen a 6.6% rise. This suggests a healthy rental market, which is appealing for investors seeking steady rental income. The combination of strong capital growth and rental yield makes Queens Park a compelling choice for those looking to invest in real estate.

Overall, Queens Park presents a unique opportunity for investors. With its recent surge in property values and consistent rental demand, it stands out as a suburb with both short-term gains and long-term potential. Whether you're interested in houses or units, Queens Park offers a promising investment landscape that could yield rewarding returns.