Spectacular sunsets, a walk with the dogs along a pristine white beach, an early morning dip in the warm ocean, fresh fish and chips on the deck of a favourite eatery while you watch the kids boogie board, energising yoga to the sound of waves crashing, cocktails with the crowd at the beach club – that’s beachside living for you.
For many people, both locals and visitors, Perth is all about miles and miles of spectacular beaches and the varied and laid-back outdoor coastal lifestyle that it offers. And that’s why a beachside address is so highly sought-after.
But not all beachside suburbs are the same. Each one has its own unique character and offerings – and from a Perth real estate perspective, each one offers property buyers a different investment profile. Of course however, there are those who are fiercely loyal to their suburb and it wouldn’t matter if they owned a sprawling beachside mansion with 1800 views to Rottnest Island or a one-bedroomed apartment with just the smell of the sea to remind them of their oceanside address – they would passionately claim that their area is the best.
So, without showing any favouritism, let’s take a look at four of the best beachside suburbs in Perth (not in any particular order) and some of things that they have to offer.
Annual growth rate: 4.2%
Median house price: $1.86M.
You can’t think of Perth beaches and not think of Cottesloe. Instantly recognisable through the iconic landmark of the Indiana Tea House and the historic pylon, ‘Cott’ is internationally famous for its superb swimming, vibrant restaurant and entertainment strip and seaside heritage. Towering Norfolk pines overlooking terraced lawns, parkland and picnic areas, the well-kept Sea View golf course with its ocean views, the Cottesloe Reef for diving and snorkelling enthusiasts, the many and varied retail options including fashion-forward Napoleon Street, Jarrad Street and friendly Cottesloe Village, beachside walking and cycle tracks and the gourmet delights of the Boatshed Market are just a few of the perks of the Cott lifestyle. Add in a vibrant arts and cultural programme, which includes the annual Sculptures by the Sea exhibition and the Hullabaloo festival, and it’s no wonder ‘Cott is hot’!
According to Real Estate Institute of Western Australia (REIWA) buyers in Cottesloe tend to be mature family groups, older couples, cashed up couples and singles, while backpackers and young surfer types are looking for affordable rentals.
Annual growth rate: 1.8%
Median house price: $1.7M
This large suburb is part of Perth’s Sunset Coast, which runs from Fremantle right up to Yanchep. Its proximity to the city coupled with its beachside offering makes it especially attractive, and the area boasts some prestigious properties that command premium prices. Good shopping areas, restaurants, excellent schools, a highly sought-after retirement village, playing fields, sporting facilities and community amenities are in abundance – and of course, the popular family friendly City Beach and Floreat Beach offer the very best of seaside activities and fun. The excellent 36-hole Wembley Golf Course is minutes away, and the upgraded surf lifesaving club, due for completion by 2016, will have several new public beachfront eating options.
Buyers in the family friendly City Beach are families both young and old, as well as retirees.
5 year growth rate: 3.2%
Median house price: $660, 000
Residents of Kallaroo claim it is Perth’s best kept real estate secret! Situated between Hillarys and Mullaloo, this suburb has plenty going for it including pristine beaches, plenty of shopping options with Whitford City and Kallaroo Shopping Centre close by, some excellent schools in St Marks and Springfield Primary – and many community and sporting facilities including the North Shore Country Club and Belrose Park. Kallaroo is popular with older couples and families of all ages.
5 year growth rate: 1%
Median house price: $800,000
Scarborough’s star is on the rise, and with the multimillion dollar upgrade planned for the next few years, it’s certain to become even more of a favourite among locals and visitors. ‘Scarbs’ is well-known for its beaches, good surfing, wide range of eateries and entertainment, from the stylishly smooth Matisse Beach Club and Sandbar on the foreshore to family friendly cafes like Wild Fig and Al Fornetto further along Scarborough Beach Road. Five primary schools and close proximity to many top secondary schools make it a good option for families, there are many parks and open spaces including Abbett Park which offers a variety of sporting options for everyone, including football, tennis, lawn bowls and cricket. The Brighton Road Food Market is a must for all foodies, and hidden gems like the Hardware Cafe, Prestons Cafe and Kinky Lizard have the locals coming back for more – and more.
Most of Scarborough’s buyers are young independents and retirees, but it is also popular with older families.
About the author: Jarrad O’Rourke is the General Manager of O’Rourke Realty Investments. O’Rourke Realty Investments is a family owned and operated partnership, established in the early 1980s. Jarrad began working for the company in 1989 as an office junior, and started selling real estate in 1992. Now general manager and partner of the company, Jarrad is one of the most awarded real estate agents in Western Australia.