Question 1

Is The Vines a nice place to live?

Accepted Answer

The Vines is a leafy, semi-rural suburb in Perth’s Swan Valley with a golf-centred, resort-style setting. Homes sit around manicured fairways, lakes and parkland on larger blocks, and the area draws families, retirees and people who value space and a quieter pace while still being within reach of the city. The suburb has 5,848 residents, a median age of 39 and a median household income of $2,569 a week. Couples and families dominate the household mix, and housing is overwhelmingly owner-occupied (89.7%) with about 10.3% rented.

Everyday life in The Vines is shaped by the Vines Resort and Country Club and the local golf courses, with nearby vineyards and country eateries reinforcing the rural leisure feel. Local parks and walking routes suit an outdoor lifestyle, and a local water-supply upgrade involved a new pressure control cabinet, roughly 150 metres of main along Vines Avenue and a connection to a higher-elevation tank serving Ellenbrook.

Question 2

Is it expensive to live in The Vines?

Accepted Answer

On the figures here, buying a house in The Vines sits well above local incomes. At a median price of $1,397,500, a house works out to about 10.5 times a typical local annual household income at the last Census. Renting is relatively more contained but still stretched: with house rents around $800 a week against a typical local household income of $2,569 a week at the last Census, rent would take about 31.2% of that weekly income, a sizeable share. Which matters more will depend on whether you are looking to buy or rent.

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 The Vines a good place to invest?

Accepted Answer

House rents in The Vines jumped 12.7% over the past year, while house values rose a solid 9.5%. In other words, the rent a house earns increased faster than its price did over the year, so rental income was the stronger performer on the house side.

If you're weighing The Vines up as an investment, the house rent figure is the one to look at for rental income and the house value figure is the one to watch for capital growth; which of those matters most will depend on your 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	$1.40M	N/A
Change in value Past 12 months	9.5%	N/A
Sold Past 3 months	14	N/A
Median days on market Past 12 months	17	N/A
Average rent Past 12 months	$800	N/A
Change in rent Past 12 months	12.7%	N/A

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