Get a property report and suburb profile for any property in Queens Park

Queens Park is an inner-south Perth suburb with a quietly residential feel, sitting close to the Canning River and neighbouring Victoria Park and Bentley. Tree-lined streets contain a mix of mid-century weatherboard and brick cottages alongside newer infill units and townhouses, and the suburb attracts families, students and professionals. A small shopping strip and several parks cover everyday needs, while Queens Park station on the Armadale line and regular buses provide straightforward links to Curtin University, larger shopping in Cannington and the city.

The community of 7,268 people has a median age of 32 and is weighted towards couple families, with couple families making up 82.7% of families. Homes are more often owner-occupied than rented (57.8% owned outright or with a mortgage, 42.2% rented) and the median household income is $1,723 a week (about $89,600 a year). Major local projects are reshaping the area, including the METRONET works that will rebuild Queens Park Station as an elevated station with new public open space beneath the rail and improved connections, the redevelopment of Maniana Park as a recreational and sporting hub adjacent to the Sam Kerr Football Centre, and City of Canning updates to the local structure plan and basin works. Whether that suits you depends on what you want from a suburb.

On these figures, buying a house in Queens Park at a median price of $947,500 works out to about 10.6 times a typical local household's annual income at the last Census. Renting also takes a large share of income: a house rent of $778 a week would use about 45.2% of a typical local household's weekly income at the last Census, and a unit rent of $650 a week would use about 37.7%.

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 Queens Park saw strong capital gains: unit values rose 21.0% and house values rose 18.5%, so both property types recorded large increases in what they are worth, with units up slightly more than houses. The rental picture is mixed — house rents climbed 14.4% (a strong rise) while unit rents edged up 1.6% (a slight increase). In plain terms, capital growth has been the dominant story for both houses and units, but rental income growth has been much stronger for houses than for units over the year. Which of those outcomes matters most will depend on your own investment goals and priorities.

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.