City of Cockburn - Metropolitan Perth, WA
The City of Cockburn’s transformation from industrial roots to a vibrant and growing residential region can no longer be ignored. With the re-zoning of large tracts of land, this LGA is proactively courting population growth.
The State Government is supporting the urbanisation by spending $3.6 billion on improved rail services to the southern suburbs of Perth. This includes three new train stations which will better connect residents of Cockburn with Fremantle, the Perth CBD and Perth Airport, making it easier for residents to commute for work and leisure.
The State Government’s development body - LandCorp - is redeveloping North Coogee over 15–20 years to create 5,000 homes, while Port Coogee marina is being upgraded with extra berths and new commercial and retail precincts.
While the Perth property market struggles to evolve from downturn to recovery, the City of Cockburn is worthy of consideration by investors because of its potential for future growth, especially while prices remain affordable.
Several suburbs in the LGA, including Spearwood, Bibra Lake, Coolbellup and North Coogee, have growth markets. Spearwood in particular stands out with steady rises in sales numbers over the last four quarters.
This report covers the suburbs of Atwell, Aubin Grove, Beeliar, Bibra Lake, Coogee, Coolbellup, Hamilton Hill, Hammond Park, Munster, South Lake, Spearwood, Success and Yangebup.
Cockburn was Hotspot of the Week on 21 August 2018