All About Spearwood, Cockburn, WA, 6163

Spearwood, a suburb within the City of Cockburn in Western Australia, has experienced notable developments in its housing market over recent years. Characterized by a blend of established properties and newer developments, the suburb presents a variety of housing options, from traditional family homes to contemporary apartments, catering to a diverse range of preferences and budgets. The real estate market in Spearwood has shown resilience, with a moderate increase in property values reflecting broader trends seen across the Perth metropolitan area. The suburb's proximity to the coast, particularly the popular Coogee Beach, adds to its appeal for both investors and homebuyers, enhancing its desirability as a residential area. This coastal influence, combined with ongoing infrastructure improvements and the area's family-friendly reputation, contributes to the sustained demand for housing in this vibrant community.

Living in Spearwood offers a compelling mix of suburban tranquility and convenience, making it an attractive location for families, professionals, and retirees alike. The suburb boasts a robust offering of amenities, including shopping centers like Phoenix Shopping Centre, a variety of dining options, schools, and healthcare facilities, ensuring that residents have access to essential services within a short distance. The community is known for its inclusive and welcoming nature, with numerous parks and recreational areas such as Manning Park, which provide opportunities for outdoor activities and social gatherings. Public transport connectivity and its proximity to Fremantle further enhance Spearwood's appeal, offering residents a peaceful lifestyle with the vibrancy of urban centers just a short drive away. Overall, Spearwood combines the charm of a coastal suburb with the practicality needed for modern living, appealing to those seeking a balanced and community-focused environment.

Spearwood Real Estate Market Outlook

Thinking about buying in Spearwood? Now could not be a better time, with 6207 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $667,000 with prices in this suburb ranging from $144,000 to $2,752,000. Spearwood is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Spearwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Spearwood 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 Spearwood 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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