About Shenton Park
Shenton Park, located approximately 4 km west of Perth’s CBD, is a prestigious suburb known for its leafy streets, heritage homes, and proximity to major urban centres.
Property Market Overview:
-
Median Sale Prices: Over the past year, the median sale price for houses in Shenton Park has been approximately $2,055,000, reflecting a 24.55% annual growth. Units have a median sale price of around $775,000, with a 34.78% annual growth.
-
Rental Market: Houses in Shenton Park command a median weekly rent of $1,050, yielding an annual rental return of 2.61%. Units rent for a median of $705 per week, offering a rental yield of 5.07%.
Market Dynamics:
-
Sales Activity: In the past 12 months, there have been 62 house sales and 89 unit sales in Shenton Park. Houses typically spend an average of 8 days on the market, while units average 7 days.
Investment Considerations:
Shenton Park’s robust growth in property values and rental yields positions it as an attractive investment destination. The suburb’s proximity to Perth’s CBD, quality schools, and abundant green spaces further enhance its appeal to families and professionals alike.
Explore other suburbs
Explore profiles of other suburbs and discover their unique characteristics and features.
More SuburbsSwitch to Blackburne Property Management
Looking for a property manager in Shenton Park? Contact Blackburne Property Management now for a FREE rental appraisal tailored to your Shenton Park property.
Switch Property Managers