Consistent high demand relative to supply is a key feature in Cardup driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Cardup ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Cardup leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Cardup necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|14 GALLAGHER WAY, CARDUP, WA, 6122||Under Contract|
|59 LITTLE PL, CARDUP, WA, 6122||5||2||10||$1,200,000|
None within suburb boundary(While the above schools are located with the suburb of Cardup there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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