Perth’s first-home buyer hot spots: Sacrificing central locations for better value.
First home buyers | 23 October 2024
Buying your first home often means making sacrifices, especially in terms of location. Many of Perth’s most affordable and fast-growing suburbs are further from the CBD, offering better value if you’re open to a longer commute. With the rise of remote work, living further out has become a practical choice, giving first-home buyers more flexibility to find their ideal property.
1. Baldivis
- Location: South of Perth, about 45 minutes from the CBD.
- Why it’s great: A growing suburb with lots of new developments, affordable housing, and plenty of amenities, including schools, shopping centres, and parks. It’s popular with young families and first-home buyers looking for value for money.
2. Alkimos
- Location: Northern coastal suburb, about 45km from Perth CBD.
- Why it’s great: Known for its proximity to beautiful beaches and newer housing developments, Alkimos offers a good mix of coastal living and affordability. The area is growing rapidly with new infrastructure like schools and shopping areas.
3. Ellenbrook
- Location: Northeast of Perth, around 30 minutes from the CBD.
- Why it’s great: Ellenbrook is one of Perth’s fastest-growing suburbs, with plenty of amenities, schools, parks, and public transport links planned or under construction, including the new Metronet rail project. It’s a family-friendly area with reasonably priced homes.
4. Byford
- Location: Southeast of Perth, about 40 minutes from the CBD.
- Why it’s great: Byford has become a popular choice for first-home buyers due to its affordability and rural charm. It’s a rapidly developing area with new estates, schools, and shops.
5. Canning Vale
- Location: Southeast of Perth, about 25 minutes from the CBD.
- Why it’s great: Canning Vale is well-established with good schools, parks, and shopping centres. It’s slightly more expensive than other first-home buyer areas, but still offers good value for money considering its proximity to the city and amenities.
6. Wellard
- Location: South of Perth, about 30 minutes from the CBD.
- Why it’s great: Wellard is a growing suburb with modern housing, shopping centres, schools, and parks. It’s also well connected by public transport, with its own train station providing easy access to Perth.
7. Morley
- Location: North of Perth, about 15 minutes from the CBD.
- Why it’s great: Morley is close to the city and offers great value for money, with plenty of amenities, including the Galleria shopping center and several schools. The area has older homes, which are more affordable and often appealing for those willing to renovate.
8. Madeley
- Location: North of Perth, about 20 minutes from the CBD.
- Why it’s great: Madeley offers a suburban feel with good schools and parks, while still being close enough to the city to make commuting easy. The area has newer homes, which can be appealing for young professionals and families.
9. Yanchep
- Location: Northern coastal suburb, about 55km from Perth CBD.
- Why it’s great: Yanchep has become increasingly popular due to its beachside lifestyle and affordable new developments. The planned extension of the train line will make it even more accessible to Perth.
10. Midland
- Location: East of Perth, about 25 minutes from the CBD.
- Why it’s great: Midland offers affordable housing, good public transport links, and plenty of shopping and dining options. It’s a major hub for the surrounding regions and offers a mix of older homes and newer developments.
Conclusion: These suburbs provide excellent opportunities for first-home buyers, seeking a balance between affordability, amenities, and future growth potential. While living further from the CBD may require longer commutes, the trade-off is often a more affordable, spacious, and modern home in a thriving community. As Perth’s infrastructure continues to develop, areas like Ellenbrook and Yanchep are set to become even more accessible, making them attractive options for buyers who are planning for the future. Ultimately, finding the right suburb depends on your lifestyle needs and your willingness to prioritise value over proximity to the city.
References:
Perth Now – Top 10 Perth suburbs for first-home buyers
https://www.perthnow.com.au/business/property/top-10-perth-suburbs-for-first-home-buyers-entering-market-with-shortest-time-needed-to-save-for-deposit-c-13676115
Canstar – The 10 Best Suburbs in Perth for First Home Buyers
https://www.canstar.com.au/home-loans/best-suburbs-perth-first-home-buyers/
The Property Tribune – Perth’s Most Popular Suburbs for First Home Buyers
https://thepropertytribune.com.au/industry/residential/perths-10-most-popular-suburbs-for-first-home-buyers/
WOW Homes – Affordable Perth Suburbs for First Home Buyers: 2024 Guide
https://www.wowhomes.com.au/affordable-suburbs-for-first-time-home-buyers-2024-housing-guide/
Disclaimer: The information provided in this blog is intended as a general guide for property buyers. We recommend conducting thorough research and seeking professional advice before making any property purchase decisions.
