Subiaco ~ A thriving metropolis in Perth, Australia

SubiacoSquareAtDusk Subiaco is an obvious attraction to any visitor to Perth for its vast array of restaurants, cafes, pubs, shopping and markets.

Conveniently located 3km west of the Perth CBD, Subiaco locals like the area for its convenience. You can walk to all the local amenities and attractions if you stay around the western end of this thriving suburb close the Subiaco Oval, which is home to West Australian Football. Local shopping centres include Subiaco Pavilion, Subiaco Square, Subiaco Village and Home Base. The University of Western Australia and Central TAFE are among learning institutions which have established local campuses in Subiaco. Subiaco Centro is a thriving residential, commercial and retail hub which include local amenities such as the Princess Margaret Hospital for Children, King Edward Memorial Hospital for Women, Perth Modern School, Subiaco Arts Centre, Rosalie and Shenton parks. Subiaco is also served by the Perth to Fremantle train line.

Pond at Rossello Lane, Subiaco

Pond at Rossello Lane, Subiaco

Among the more favourable streets in Subiaco are Rossello Lane in the north western end of the suburb where the north and north east aspect faces a man-made pond.

Why I like Subiaco

  • Convenience “all in one” suburb where you can do your local groceries, walk to restaurants, cafes, movies and shops
  • Proximity to train station and CBD

However, the residential area closer to the oval can be noisy, especially during local footy games and is therefore open to more public traffic. Lack of privacy may be an issue in these areas.

Vital statistics

Subiaco

House

Unit

Median house price $

1,225,000

468,000

Average annual growth %

13.8

11.6

5-year growth %

125

73

Weekly median rent $

700

380

Gross yield %

3.0

4.2

Source: Your Investment Property, June 2009

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How it’s calculated:

Median price: Median price for the 12 months to February 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 February 2009

Weekly median advertised rent: Median price of rental listings for the 12 months to February 2009

Gross yield: Estimated rental return, based on advertised rent to median price

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