All About Parmelia, Kwinana, WA, 6167

Parmelia, located within the City of Kwinana in Western Australia, is a suburban area known for its relatively affordable housing market compared to the broader Perth region. The suburb offers a variety of housing options, primarily consisting of detached single-family homes, many of which are set on generous plots of land. This makes it attractive for first-time homebuyers and families seeking more space at a reasonable price. The housing market in Parmelia has experienced moderate growth over recent years, driven by its affordability and the overall upward trend in property values across the Perth metropolitan area. While not as rapidly appreciating as some of the neighboring suburbs, Parmelia still presents promising opportunities for investment, especially for those looking for a long-term home rather than quick resale profits.

Living in Parmelia provides a blend of suburban convenience and community spirit, making it an appealing place for families and retirees. The area is well-served by essential amenities, including shopping centers, schools, and medical facilities, ensuring that residents have access to daily necessities without having to travel far. Parmelia Park is a key recreational asset in the suburb, offering multiple green spaces for outdoor activities and family gatherings. The sense of community is further enhanced by local events and community groups that create a friendly and welcoming atmosphere. Proximity to the coastline and the ease of access to public transportation, including the Kwinana Train Station, add to the quality of life by allowing residents to enjoy beach outings and easy commutes to the Perth CBD. Overall, Parmelia offers a laid-back lifestyle with a strong community focus, making it a desirable location for those seeking a balance between city and suburban life.

Parmelia Real Estate Market Outlook

Thinking about buying in Parmelia? Now could not be a better time, with 2922 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $404,000 with prices in this suburb ranging from $150,000 to $1,199,000. Parmelia is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Parmelia there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Parmelia due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Parmelia 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 Parmelia necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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