Tuart Hill suburb profile
Tuart Hill is a charming suburb located just 8km north of Perth's CBD, known for its convenient urban lifestyle and community-oriented atmosphere. The suburb features a mix of older character homes and modern developments, appealing to a diverse range of residents including families, young professionals, and retirees. Tuart Hill offers easy access to public transport, making commuting to the city straightforward. The area is well-served by local amenities, including shopping centers, schools, and parks, providing a balanced lifestyle. Its proximity to both the city and the coast makes Tuart Hill a desirable location for those seeking suburban tranquility with urban convenience.
Tuart Hill property market performance
Tuart Hill's property market has experienced significant growth over the past 12 months, with house values increasing by 11.4% and unit values surging by 32.6%. The median house price has reached $754,500, while units have averaged $587,000, indicating strong demand in the area.
Sales activity has been robust, with 23 houses and 42 units sold in the past three months. Properties are moving quickly, with houses spending a median of just 9 days on the market and units even faster at 8 days, highlighting a competitive market environment.
The rental market in Tuart Hill has also seen notable increases, with house rents rising by 16.7% and unit rents by 20% over the last 12 months. The average rent for houses is now $700, while units command $600, reflecting strong rental demand.
Median price - houses$755KPast 3 months
Median price - units$587KPast 3 months
Change in value - houses11.4%12 months
Change in value - units32.6%12 months
Houses sold23Past 3 months
Units sold42Past 3 months
Median DOM - houses9Past 12 months
Median DOM - units7.5Past 12 months
Average rent - houses$700Past 12 months
Average rent - units$600Past 12 months
Change in rent - houses16.7%Past 12 months
Change in rent - units20.0%Past 12 months
Tuart Hill demographics
Tuart Hill, located in the northern suburbs of Perth, offers a blend of suburban tranquility and urban convenience. With a population of 7,541 and a median age of 36, the suburb attracts a diverse mix of families, professionals, and retirees. The area is known for its leafy streets, local parks, and proximity to the city, making it an appealing choice for those seeking a balanced lifestyle.
The suburb's housing market is characterized by a mix of ownership and rental options. Approximately 22% of properties are owned outright, while 30.9% are owned with a mortgage, indicating a stable community with a significant number of long-term residents. Meanwhile, 47.2% of the properties are rented, catering to those who prefer flexibility, including young professionals and students.
Family dynamics in Tuart Hill are varied, with 34.3% of households being couple families with children and 48.5% being couple families without children. This diversity is complemented by 15.1% of households being one-parent families, reflecting the suburb's inclusive and family-friendly environment. The median total household income of $1,535 per week suggests a comfortable standard of living, supported by local amenities, schools, and public transport options that enhance the quality of life for its residents.
Tuart Hill infrastructure, key developments and investment opportunities
Tuart Hill is experiencing some notable developments that could influence its property market. The suburb is undergoing urban renewal, with several new residential projects in progress, including townhouse and apartment complexes, which may increase housing supply and attract new residents. The recent upgrade of local parks and recreational facilities, such as improvements to Grenville Reserve, enhances the area's livability and appeal to families.
Public transport improvements, including enhanced bus services connecting Tuart Hill to Stirling Station and Perth CBD, are boosting the suburb's accessibility. The ongoing revitalization of nearby Osborne Park's commercial precinct is creating new job opportunities within close proximity. These developments, combined with Tuart Hill's established schools and community amenities, are likely to sustain demand for properties in the area and potentially drive modest price growth in the coming years.
Tuart Hill rental market trends
The rental market in Tuart Hill is experiencing significant growth, with house rents increasing by 16.7% over the past year to $700 per week, and unit rents surging 20% to $600 per week. This upward trend highlights the suburb's appeal, driven by its strategic location and strong demand, making it an attractive option for both renters and investors.
Suburbs near Tuart Hill
Some popular suburbs near Tuart Hill include: