As Perth’s property market continues to thrive, many prospective homeowners and investors are eyeing new builds in the city’s most promising suburbs. With a mix of affordability, amenities, and growth potential, certain areas stand out as prime locations for new construction projects. Here are the top three suburbs in Perth that are set to be hotspots for new builds in 2024.
1. Ellenbrook: A Thriving Community with Promising Growth
Why Ellenbrook?
Ellenbrook has been one of Perth’s fastest-growing suburbs for several years. Located approximately 20 kilometres northeast of Perth’s CBD, it offers a unique blend of suburban tranquillity and urban convenience. The suburb is known for its family-friendly atmosphere, extensive parks, and modern amenities, making it an attractive location for new builds.
Key Features:
Infrastructure and Transport: The upcoming Morley-Ellenbrook train line, expected to be completed in 2024, will significantly enhance connectivity to the city, making it even more desirable for commuters.
Amenities: Ellenbrook boasts a range of schools, shopping centres, and recreational facilities. The Ellenbrook Central Shopping Centre is a key highlight, offering residents a comprehensive retail experience.
Community and Lifestyle: With numerous parks, walking trails, and community events, Ellenbrook provides a high quality of life for families and individuals alike.
Investment Potential:
The combination of new infrastructure projects and ongoing residential development makes Ellenbrook a smart choice for investors and new homeowners. Property values are expected to rise as the suburb becomes more accessible and continues to develop.
2. Baldivis: Suburban Charm Meets Modern Living
Why Baldivis?
Situated around 46 kilometres south of Perth, Baldivis is a suburb that has seen substantial growth over the past decade. It is known for its spacious properties, green spaces, and a strong sense of community. Baldivis offers a more relaxed lifestyle while still providing easy access to the amenities of nearby Rockingham and Perth.
Key Features:
Affordable Housing: Baldivis remains relatively affordable compared to other Perth suburbs, making it a great option for first-time homebuyers and young families.
Education and Recreation: The suburb is well-served by schools and recreational facilities, including parks, sports complexes, and the popular Baldivis Children’s Forest.
Retail and Services: The Baldivis Shopping Centre and numerous local businesses ensure residents have access to essential services and shopping options.
Investment Potential:
Baldivis is expected to continue its upward trajectory in property values due to its affordability, ongoing development, and appeal to families. New builds in this suburb are likely to offer excellent returns on investment.
3. Alkimos: Coastal Living with Urban Conveniences
Why Alkimos?
Alkimos, located about 42 kilometres north of Perth’s CBD, is a coastal suburb that combines the allure of beachside living with the conveniences of modern urban planning. Known for its stunning beaches and community-focused design, Alkimos is rapidly becoming a favourite for new home builders.
Key Features:
Beachfront Lifestyle: Proximity to beautiful beaches is one of Alkimos’ biggest draws. Residents can enjoy a coastal lifestyle with easy access to swimming, surfing, and other water activities.
New Infrastructure: The extension of the Joondalup train line to Alkimos, expected to be completed soon, will enhance connectivity and make commuting to Perth more convenient.
Master-Planned Community: Alkimos is designed with sustainability and community in mind, featuring parks, schools, shopping centres, and recreational facilities.
Investment Potential:
The planned infrastructure improvements and the suburb’s natural appeal make Alkimos a prime location for new builds. Property values are poised to increase as the area develops and attracts more residents.
Conclusion
For those looking to invest in new builds in Perth, Ellenbrook, Baldivis, and Alkimos represent the best opportunities for 2024. Each suburb offers unique advantages, from excellent infrastructure and amenities to promising growth potential. Whether you’re a first-time homebuyer, a growing family, or an investor, these suburbs provide the perfect blend of lifestyle and investment value.
By focusing on these booming suburbs, you can secure a future-proof property in one of Perth’s most desirable areas. Keep an eye on these locations as they continue to develop and offer unparalleled opportunities for new home builders and investors alike.