Selling points: South Perth is an exclusive riverside suburb on the banks of the Swan River, approximately 3km from the Perth CBD. It features a number of picturesque parks including the idyllic Swan River Foreshore and is home to some of Perth’s leading schools.
Most sought after properties: South Perth is an affluent suburb with a median house price of around $1,100,000 and has broad appeal to investors and owner occupiers. The lower end of the market ($350,000 - $500,000) is always popular with first home buyers and the premium end of the market (over $1,000,000) attracts families and downsizers.
Most common properties: The City of South Perth offers an array of property types, which cater for buyers on different budgets, including units and villas at the lower end, townhouses and single dwellings on smaller blocks in the middle and modern, double storey homes, riverfront apartments and character homes at the higher end.
Top amenities: Penrhos College (for girls) and Wesley College (for boys) are two of Perth’s leading high schools and are two major reasons for buyers looking to purchase in the area. The Swan River Foreshore is iconic, with its stunning outlook to the Perth CBD, and people come from around Perth to experience some of the area’s celebrated cafes and eateries.
Local industry and business: Although it is not a major business district, the City of South Perth is home to a host of successful small businesses, including cafes and restaurants, clothing boutiques and corporate firms. A lot of residents commute by car, bus, ferry or foot to the CBD for work.
Recent changes: A number of major developments have occurred both in local residential housing and via the Council’s strategic projects. These include construction of new apartment developments along the South Perth Esplanade and subdivision of larger blocks throughout the suburb into modern homes. The Canning Bridge and Old Mill redevelopments are two of the City’s most exciting projects in years and will no doubt have major benefits to the area.
Best streets: I recommend buying close to the area’s high quality amenities, including the café and shopping precincts on Angelo Street and Mends Street in South Perth; or Preston Street in Como. Penrhos and Wesley Colleges are always major attractions for buyers, as is the river and Royal Perth Golf Club.
Public transport: The recent construction of the Canning Bridge Train Station has benefited those commuting to and from the CBD.
Main arteries: The major arterial roads, Canning Hwy and the Kwinana Fwy, provide convenient access into the CBD to the North and Fremantle to the South.