All About Oldbury, Serpentine-Jarrahdale, WA, 6121

Oldbury, located in the Serpentine-Jarrahdale region of Western Australia, is characterized by its rural charm and growing appeal as a residential area. The housing market in Oldbury has seen gradual development, marked by a blend of spacious properties and modern housing options. Residents are drawn to its serene environment and the opportunity to own larger plots of land compared to the more urbanized areas, making it attractive for those seeking a quieter lifestyle without sacrificing accessibility to Perth, which is about 40 kilometers away. The region's real estate landscape offers a mix of traditional homes and newer constructions, catering to a diverse range of preferences and budgets.

Living in Oldbury offers a unique combination of country living with proximity to city conveniences. The area is rich in natural beauty, surrounded by lush landscapes and offering ample opportunities for outdoor activities such as hiking, horseback riding, and exploring local wildlife. This peaceful setting is complemented by a close-knit community spirit, with local events and markets providing residents with ample opportunities to engage and connect with one another. Although amenities like shopping centers and schools are not as abundant as in more urbanized areas, neighboring towns and suburbs provide these facilities, making Oldbury an ideal choice for those looking to balance tranquility with practicality.

Oldbury Real Estate Market Outlook

Thinking about buying in Oldbury? Now could not be a better time, with just 188 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,136,000 with prices in this suburb ranging from $1,038,000 to $1,430,000. The aproximate distance to the coast is 11 Km.

Consistent high demand relative to supply is a key feature in Oldbury driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Oldbury ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Oldbury leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Oldbury necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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