Seville Grove suburb profile
Seville Grove is a family-friendly suburb located in the southeastern part of Perth, Western Australia. Known for its peaceful residential atmosphere, it offers a mix of modern homes and established properties, making it appealing to both first-time buyers and growing families. The suburb is well-serviced by local amenities, including schools, parks, and shopping centers, providing convenience for residents. Seville Grove's proximity to major roads ensures easy access to Perth's CBD and surrounding areas. With its community-focused environment and suburban charm, Seville Grove is a desirable location for those seeking a balanced lifestyle.
Seville Grove property market performance
Seville Grove's property market has experienced significant growth over the past 12 months, with house values soaring by 33.8% and unit values increasing by 12.6%. The current median house price stands at $642,500, while the median unit price is $249,000, indicating strong demand in the housing sector.
Sales activity has been robust, with 63 houses sold in the past 12 months, compared to just 1 unit, highlighting a preference for houses. Houses are selling rapidly, with a median of just 7 days on the market, while units take slightly longer at 16 days, reflecting a quicker turnover in the housing market.
The rental market in Seville Grove has also seen notable changes, with house rents increasing by 12.7% and unit rents surging by 31.7% over the last 12 months. The average rent for houses is $620, while units average $550, suggesting a strong rental demand across both property types.
Median price - houses$640KPast 3 months
Median price - units$249KPast 3 months
Change in value - houses31.6%12 months
Change in value - units12.6%12 months
Houses sold67Past 3 months
Units sold1Past 3 months
Median DOM - houses8Past 12 months
Median DOM - units16Past 12 months
Average rent - houses$625Past 12 months
Average rent - units$550Past 12 months
Change in rent - houses13.6%Past 12 months
Change in rent - units31.0%Past 12 months
Seville Grove demographics
Seville Grove, located in the southeastern suburbs of Perth, is a family-friendly area known for its community-oriented lifestyle and suburban charm. With a population of 11,408 and a median age of 31, it is a youthful suburb that attracts young families and professionals. The median total household income of $1,739 per week reflects a comfortable living standard, making it an appealing choice for those seeking a balanced lifestyle.
The suburb is predominantly composed of couple families with children, accounting for 52.3% of the population, highlighting its family-centric nature. Additionally, 26.8% of households are couple families without children, while 19.2% are one-parent families, indicating a diverse range of family structures. This diversity contributes to a supportive and inclusive community atmosphere.
In terms of property ownership, Seville Grove has a high rate of homeownership with 61.0% of properties owned with a mortgage, and 15.5% owned outright. This suggests a stable housing market with opportunities for new buyers and growing families. The rental market, comprising 23.5% of properties, offers flexibility for those not yet ready to buy. Overall, Seville Grove provides a welcoming environment with a strong sense of community, making it an attractive suburb for families and individuals alike.
Seville Grove infrastructure, key developments and investment opportunities
Seville Grove is experiencing steady growth and development, with new housing estates emerging in the area. The suburb benefits from recent infrastructure upgrades, including the $22 million Armadale Road improvements and the $26 million renovation of the Armadale Aquatic Centre, enhancing local amenities and connectivity. The nearby Champion Lakes Regatta Centre continues to be a major drawcard, hosting events and providing recreational opportunities for residents.
The release of commercial and industrial land in the area is boosting local employment prospects. With its proximity to the Adelaide Hills, wineries, and tranquil lakes, Seville Grove offers an attractive lifestyle for families and professionals. The suburb's steady property market growth, coupled with these developments, positions Seville Grove as an increasingly desirable area for homebuyers and investors alike.
Seville Grove rental market trends
The rental market in Seville Grove is experiencing significant growth, with house rents increasing 12.7% over the past year to $620 per week, while unit rents have surged 31.7% to $550 per week. This dynamic growth reflects strong demand and makes Seville Grove an attractive option for both renters and investors seeking promising returns in a developing suburb.
Suburbs near Seville Grove
Some popular suburbs near Seville Grove include: