ARE Property (Australia)
perth boutique APARTMENT
halcyon
SUBIACO
Subiaco is an inner-western suburb of Perth, located approximately 3km west of Perth's central business district.
Subiaco is a beautiful leafy neighbourhood with a decoration and bustling high street, stunning heritage buildings, an eclectic mix of eateries and a vibrant art scene.
By day, it is one of the Perth's most vibrant district with a friendly atmosphere. By night, Subiaco becomes a hub of activity with locals and visitors flocking to its restaurant, pubs and clubs and theatres. Subiaco is one of the favorite suburb among people that looking to settle down in a suburban area that still have the bustling city feel.
Lifestyle
Subiaco Arts Centre
City of Subiaco has just been ranked the Most Liveable Place in Australia in the survey of 'The 2023 Austalian Liveability Census'. Taking the prestigious title of the best Australia suburb to live in.
Market Square Park
Subiaco's appeal lies in its connectivity to other areas, a wide range of amenities, diverse dining options, numerous shops, and beautiful parks. From tranquil spots for relaxation to outdoor activities, everything is so accessible for all ages.
Market Trend
Median Unit Sales Price in Subiaco: $610,000
Median Unit Rental Rate in Subiaco: $610 per week
(Source: realestate.com.au, 2024)
Key Factors Driving Market Potential
Quality Education Institution: Subiaco also offers access to a range of early childhood institutions and primary schools, Shenton College, Perth Modern School. Proximity to UWA (4.5km) and direct train routes make it a fantastic option for those with children studying or those furthering their professional development.
Population Growth: Tipped for a 24% growth in population by the Year 2036 (Source: Forecast) alongside strong rental returns in a well-maintained neighbourhood with leafy road, good public transportation and fantastic local shops, Subiaco has become one of the most sought suburb in the Perth property market.
Walkable to well-maintained neighbourbood, good roads and public transport, fantastic local shops and businesses, industry-leading amenities.
Demographics
Country of Birth: In Subiaco, 60.4% of people were born in Australia, follow by England 8% and Malaysia 1.8.
Occupation and Education Level: Around half of Subiaco's local population is made up of professionals and holds a Bachelor's Degree education level.
Median weekly household income: Subiaco boasts a higher median weekly household income of $2,140 compare to Western Australia's $1,815. This indicates that Subiaco has a good standard of living.
Surrounding Facilities
Subiaco Common (350m)
This beautiful park features sprawling green lawns, towering trees, and a serene pond.
Lords Recreation Centre (600m)
It combines indoor community sport courts, a gym, pool, group fitness classes and cafe.
Lake Monger Reserve (1.5km)
Surrounded by spacious lawns and a walk and cycle path making it popular among locals who go walking, jogging, picnicking and cycling at all times of the day.
Education and Medical Institutions
Subiaco Primary School (1km)
Bob Hawke College (1km)
Perth Modern School (2km)
St John of God Subiaco Hospital (400m)
Sir Charles Gairdner Hospital (3.5km)
University of Western Australia (4km)
Shopping & Commercial Area
Within 10mins walking distance
Subi Square Shopping Mall (350m)
Primary shopping location for the City of Subiaco, which includes of Woolworths, BWS and numerous food retailers. It also next to Coles and Target.
Rokeby Road Retail Strip (500m)
The street was blended with variety of boutique stores, cafes and restaurants, combined with its pedestrian-friendly layout.
The Regal Theatre (700m)
You’ll have the pick of a host of local and international shows frequenting the area to provide you with the perfect night’s entertainment.
Public Transportation
Subiaco Train Station (500m walking distance from Halcyon)
Perth CBD: 3 Stops,10 Minutes via Fremantle Train Line
Gallery
Recommended Units
1 Bed+Study, 1 Bath, 1 Car Park
Unit 32
Internal Size: 71m² (764sq.ft)
Balcony Size: 10m² (108sq.ft)
Total Apartment Area: 81m² (872sq.ft)
Price: $685,000
2 Bed, 2 Bath, 1 Car Park
Unit 74
Internal Size: 66m² (710sq.ft)
Balcony Size: 12m² (129sq.ft)
Total Apartment Area: 78m² (840sq.ft)
Price: $800,000
2 Bed, 1.5 Bath, 1 Car Park
Unit 13
Internal Size: 87m² (936sq.ft)
Balcony Size: 12m² (129sq.ft)
Total Apartment Area: 99m² (1,066sq.ft)
Price: $880,000
Latest Construction Photos (September 2024)
Useful Video
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