Suburb of the Month: Perth
Location
Perth is the capital of Western
Australia, and is located upon the Swan River in the south-west of the state.
Description
Perth's CBD is the cultural, administrative, and commercial capital
of Western Australia, as well as its largest city. Perth is recognised as one
of the most isolated metropolitan areas on the planet, with the nearest major
city (Adelaide) being located over 2,000 kilometres away.
Facilities
As the business centre of a major city, Perth has countless
facilities in the form of shopping centres, restaurants, hospitals and sporting
facilities. Kings Park, a 4 square kilometre park at the western edge of the
CBD, provides numerous recreational opportunities for residents, while the
suburb also includes a number of other parks and reserves such as Langley Park.
The Royal Perth Hospital is located in the Perth CBD, as is
the Perth Cultural Centre, which includes the Art Gallery of Western Australia
and the Western Australian Museum. Sporting facilities in the suburb include Perth
Oval, tennis courts, and the Perth Arena, an indoor stadium currently under
construction which, once completed, will host indoor sports such as basketball.
Industry and Employment
Perth serves as the economic hub of Western Australia, with
many national and international companies being located in the city, such as
BHP Billiton and Bankwest. As a result, the majority of residents find
employment in white collar positions, particularly in the resources and
services industries, within the CBD and its surrounding suburbs.
Population
The population of Perth
according to the 2006 census was 6,051, with the dominant age group in the
suburb being 20 - 29 years old.
Housing Market
Of the 1271 dwellings in the Perth CBD 55% are units, and
over half of all dwellings are rented. 43% of households in Perth consist of
single parent families, while 22% are made up of childless couples and 21% are
lone households.
Residex Statistics
|
|
Houses
|
Units
|
|
Current median rental
yield
|
3.10%
|
7.76%
|
|
Current median value
|
$772,912
|
$330,062
|
|
Current weekly median
rent
|
$480
|
$470
|
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