Queens Park is approximately 9km from the Perth CBD, with around 1480 homes in the area. Although the number of homes in the area is over near 1500, the average annual turnover of property is only 73 making Queens Park a Niche Marketplace.
With the close proximity to Perth City, and local amenities like Westfield Carousel, Beckenham Bulkyplex & Cannington Leisureplex this location is highly sought after by first home buyers, investors and the few developers who area lucky enough to purchase the few remaining sites big enough to subdivide. Queens Park currently has approximately only 37% of its 1480 homes as rental or investment properties.
With the average selling price in Queens Park sitting at $373,000 (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 growth for Queens Park over the past 10 years to 2012 has been 13.23% per annum.
For a current market update on Queens Park, please call our office on (08) 9351 8411 or email email@example.com