All About Southern River, Gosnells, WA, 6110

Southern River, a suburb within the City of Gosnells in Western Australia, has experienced noticeable changes in its housing market over recent years. Known for its family-friendly environment and semi-rural charm, Southern River has become increasingly attractive to homebuyers. The housing market here has seen a mix of modern developments and established homes, accommodating a diverse range of preferences and budgets. The suburb boasts a selection of newly built estates, which feature contemporary designs and amenities such as parks and shopping centers, creating a vibrant community feel. Property prices have seen moderate growth, reflecting the suburb’s rising popularity among first-time buyers and families seeking more space and a peaceful lifestyle. Despite the fluctuations in the broader real estate market, Southern River remains an appealing option due to its affordability relative to closer Perth suburbs while still offering a high quality of life.

Living in Southern River offers residents a blend of tranquility and convenience. The suburb is characterized by its leafy streets, ample green spaces, and well-maintained parklands, making it ideal for outdoor activities and family outings. The community is tight-knit and welcoming, with numerous local events and recreational activities contributing to a strong neighborhood spirit. Residents have access to a range of amenities, including shopping centers, schools, and healthcare facilities, which cater to everyday needs. The area's proximity to major transport routes also ensures easy connectivity to Perth’s city center and other adjoining suburbs. Despite being slightly removed from the hustle and bustle of the city, Southern River maintains a balanced lifestyle, offering both the serenity of suburban living and the convenience of urban accessibility.

Southern River Real Estate Market Outlook

Thinking about buying in Southern River? Now could not be a better time, with 5303 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $788,000 with prices in this suburb ranging from $282,000 to $2,631,000. The aproximate distance to the coast is 15 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Southern River are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Southern River provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Southern River requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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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