Kwinana Precinct - Metropolitan Perth
The Perth property market is showing increasing signs of recovery, with vacancies down and rents rising again. After several years of downturn, Perth offers a higher level of affordability than other capital cities.
The Kwinana precinct has much to offer home-buyers and investors, its standout features being affordability, good yields and population growth. Indeed, this is the cheapest precinct in the Perth metro area, with several suburbs having median house prices in the $200,000s.
It also has access to key jobs nodes, train links to the city, nearby beaches and green space like The Spectacles Wetlands.
Kwinana is part of the massive Western Trade Coast industrial area which provides employment for 11,000 and is constantly expanding, creating more jobs. These factors are complemented by the largest Lithium plant in the world which begun production in early 2019.
This report covers the suburbs of Bertram, Calista, Leda, Medina, Orelia, Parmelia and Wellard.