North Beach

About North Beach

North Beach, located approximately 14 km north of Perth’s central business district, is a coastal suburb known for its relaxed atmosphere and proximity to pristine beaches.​

Property Market Overview:

• Median Property Prices: Over the past year, North Beach has seen a median house price of approximately $1.6 million, reflecting a 14.3% annual increase. Units have a median price around $645,000, with a 10.9% annual growth. ​

• Rental Market: Houses in North Beach rent for a median of $900 per week, yielding an annual rental return of about 3.1%. Units command a median rent of $650 per week, offering a rental yield of approximately 5.2%.

• Market Activity: In the past 12 months, North Beach has seen 65 house sales and 16 unit sales. Houses typically spend an average of 21 days on the market, while units spend about 18 days, indicating strong demand.

Demographics and Lifestyle:

With a population of approximately 3,410, North Beach offers a suburban environment with convenient access to Perth’s amenities. The suburb boasts local shopping centres such as Karrinyup City and is well-served by public transport, with bus services connecting residents to Stirling and Warwick train stations.

Investment Insights:

North Beach’s impressive property value growth, coupled with strong rental yields and a dynamic rental market, positions it as an attractive prospect for property investors. The low average days on market further underscore its investment potential. Additionally, the suburb’s proximity to beaches, amenities, and public transport suggest a positive outlook for future capital growth and rental demand.