Consistent high demand relative to supply is a key feature in Churchlands driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Churchlands 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. A mix of professions and above average income earners in Churchlands provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Churchlands requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
|3 MOLINE CT, CHURCHLANDS, WA, 6018||4||2||2||Expressions of Interest|
Churchlands Senior High School
Newman College(While the above schools are located with the suburb of Churchlands 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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