Bentley is approximately 8km from the Perth CBD, with around 3188 homes in the area. Although the number of homes in the area is over 3000, the average annual turnover of property is only 99 making Bentley a Niche Marketplace.
With the close proximity to Perth City, and local amenities like Westfield Carousel, Cannington Leisureplex, multiple Train Stations as well as Curtin’s University of Technology this location is highly sought after by first home buyers and investors. Most of the land in the area has already been developed, but with a few remaining sites big enough, developers snap them up quickly if they become available. With over 56% of the properties in the area being investment properties or rentals, it is easy to see that Bentley provides great return on investments with high rental returns and guaranteed tenants wanting to live close to University.
With the average selling price in Bentley sitting at $363,000 (Dec 11′), with all the available amenities and facilities surrounding the suburb, it is no wonder why it is such a highly sought after place to live.
Approximate annual growth for Bentley over the past 10 years to 2012 has been 11.18% per annum.