Indian ocean northern coastline, Perth Australia
City Beach is located 10km directly west of Perth’s CBD. Assessibility to this ocean front suburb from the city is via the direct route of Cambridge street and Oceanic Drive. The feeling of being on vacation takes over the moment you hit West Coast Highway. Meander along Challenger Parade and you will find casual joggers, dog-walkers, cyclists and holiday makers taking in the sun, wind and surf of the Indian Ocean.
Why I like City Beach
- You feel like being in a permanent vacation time capsule. The simmering Indian Ocean envelopes the horizon in front of you. Look left from the beach and you will see as far as 20km south towards Fremantle and beyond. Look right and the coastline extends 20km north to Hillarys. For the serious runners and cyclists, a round trip either way will test your endurance to the max.
- Beautiful sunsets over the Indian ocean.
- This ocean front suburb is relatively more secluded and enjoys similar amenities without the fuss and commotion compared to it’s neighbouring Cottesloe (pictured below) to the south and Scarborough to the north where cafes and restaurants abound with both locals and tourists.
Drawbacks
- Time passes slowly here. I mean, very very slowly. Then again, is that a problem when you’re on vacation? Bondi, eat your heart out!
Vital statistics
Median house price $1,800,000
Average annual growth 15%
5-year growth 113%
Weekly median advertised rent $800
Gross yield 2.3%
Source: Your Investment Property, July 2009
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How it’s calculated:
Median price: Median price for the 12 months to March 2009
Average annual growth: Average percentage change over the past 10 years as a per annum figure
5-year growth: Median price percentage change over the past 5 years to March 2009
Weekly median advertised rent: Median price of rental listings for the 12 months to March 2009
Gross yield: Estimated rental return, based on advertised rent to median price
