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Recent data from the Australian Bureau of Statistics (ABS) shows Western Australia experienced the most growth in population from 2013 to 2014. Perth received the lion’s share of this increase and the city is expected to be home to 3 million people by 2028.
This data suggests that the outer suburbs of Perth will become increasingly popular and the long-term outlook for real estate in the city is a positive one. Some of Granger Clark’s most popular suburbs fit into this category and offer excellent opportunities to secure both a great lifestyle and a sound investment.
As a new residential area 20km north of the Perth CBD, Darch is well placed for the future. Residential development began here in 2001 and the community is now home to all the necessary amenities, such as schools, parks and reserves and a shopping plaza. The existing infrastructure, constantly evolving community and future population increases mean that investors are well placed to reap long-term rewards. You could do much worse than consider the houses for sale in Darch WA as you look to the future.
A few kilometres across the Gnangara – Moore River State Park from Darch, Ellenbrook is particularly well placed to accommodate the predicted population growth in Perth. Expected to become a satellite city, the suburb is already self-sustainable, yet still within easy reach of the city. Houses for sale in Ellenbrook will be lucrative for these reasons well into the future and are a great investment.
Still north, but closer to the city centre, Ballajura is also a thriving community. Cultural diversity, well-developed facilities and services and a quick commute to the CBD are the hallmarks of the area and the houses for sale in Ballajura represent a fantastic lifestyle opportunity and insightful investment.
Notable for its five-star resort and golf club, The Vines is a sprawling development replete with generously sized properties and an eye to luxury. Houses for sale in The Vines today will likely be much sought after in the future, as the population swells and green, wide-open space becomes harder to find.
The above are just a few examples of the many areas that will expand and blossom as Perth’s population grows. Real estate in the northern corridor will increasingly benefit from additional infrastructure, a lifestyle distinct from the inner city, yet easily accessible to and from. If you’re looking at houses for sale in Perth, buying in the northern suburbs now could be a very valuable investment in your future.