Bentley is in the bottom 40% in WA when comparing median price capital growth over the last year. Bentley gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.00%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bentley has increased when compared to the 5 year average annual rate.
In the last year 73 properties changed hands in Bentley, which puts it as the 163th most active market in WA when comparing the number of sales per suburb.
Property investors should expect to get $345 weekly from the median priced house in this suburb.
Bentley, 6102 ranked 94th in WA when comparing growth in median property values or capital gain over the last 12 months. Bentley is one of 1662 in our list for WA
Taking the average capital gain, or increase in median house value, Bentley,6102 has racked up an average of -16.22% over the period. This ranks it number 1725th in the whole country for real estate investors looking at median house price increases.
Situated 8.23km from the CBD, Bentley is one of Canning localities in the postcode 6102.
Bentley is situated 8km south-east of the Perth CBD, and is a top pick from Perth for its combination of affordability, rental yield and growth potential.Full summary
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Bentley is situated 8km south-east of the Perth CBD, and is a top pick from Perth for its combination of affordability, rental yield and growth potential.
As well as providing easy road and rail access to the Perth CBD and western beach suburbs, Bentley is home to the main campus of the Curtin University of Technology and a technology park. Access to the CBD is by rail or bus: the nearest train station is in neighbouring Welshpool, while bus and car access is via the Albany Highway. Access to Perth airport is also provided by the Leach Highway, which also runs westward to the coastal beaches.
The suburb has plentiful amenities, with a small shopping plaza on the corner of Albany Highway and Ashburton Street, and the lifestyle suburbs of Victoria Park and Kensington are also nearby. The presence of Bentley Hospital also provides further employment opportunities.
The suburb has a high proportion of students, thanks to the presence of Curtin University, Canning College and the Bentley campus of Swan TAFE. Many of these are international students, often from south-east Asia. Otherwise, the professions of residents are mixed, with both white-collar and blue-collar workers. The location is also favourable for fly-in, fly-out workers, due to the proximity to the airport. Bentley is also experiencing significant population growth, with SQM Research projecting a 4% annual increase over the next few years. This will inevitably put pressure on housing, and is likely to result in rental and capital growth.
Median unit prices are cheaper than neighbouring suburbs, and vacancy rates are very low.