Question 1

Is Viveash a nice place to live?

Accepted Answer

Viveash is a small residential pocket in Perth's eastern suburbs near Midland and the Guildford precinct. It has quiet, tree-lined streets of mostly single-storey brick and cottage-style homes with some newer infill. Shops, schools and services in Midland are within easy reach, and the Midland train line provides a straightforward commuting option. The overall feel is calm and domestic, which suits families, first-home buyers and people seeking a low-key neighbourhood close to established centres.

About 1,280 people live in Viveash. Families are prominent — couple families with and without children together make up 74.4% of families, and owner-occupation is high at 72.5%. Rivermark planning proposes a neighbourhood park beside the Swan River plus linked local parks and a shared foreshore path; Reg Bond Reserve and Woodbridge Riverside Park are connected by the John George Walk Trail. The City has listed a Viveash Park playground renewal and notes a public art installation at nearby Woodbridge Riverside Park, while river foreshore rehabilitation is being monitored.

Question 2

Is it expensive to live in Viveash?

Accepted Answer

On the figures for Viveash, housing sits ahead of what local households earned at the last Census. A typical local household had about $1,833 a week at the last Census, and average house rent of $813 a week would take roughly 44.4% of that weekly income, a large share. The median house price of $777,000 is about 8.2 times a typical local annual household income at the last Census, which falls into the higher multiple range. For many people both renting and buying would run heavily against the incomes recorded at the last Census.

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 Viveash a good place to invest?

Accepted Answer

If you're weighing Viveash as an investment, the most striking movements over the past year are on the house side. House rents jumped 25.1% over the 12 months, a strong rise in rental income, while house values fell 6.2% in the same period, a notable decline in what houses are worth. Put simply, the rent a house earns has been the stronger performer this year while its price moved the other way; whether that pattern suits you depends on whether you prioritise rental income or capital growth.

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	$777K	N/A
Change in value Past 12 months	-6.3%	N/A
Sold Past 3 months	11	1
Median days on market Past 12 months	15	N/A
Average rent Past 12 months	$813	N/A
Change in rent Past 12 months	25.1%	N/A

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