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Heron Park, Harrisdale is the place to buy in 2019

Choosing where to live can be a daunting task. After all, buying a home is one of the largest purchases we make in a lifetime, and we want to be sure we’re making the right decision. There are so many factors to consider when spending your hard-earned money on your new family home:

  • Which suburb will provide a good return on my investment?
  • Are there good schooling and employment options?
  • Will the area grow and see positive development in the future?
  • Will my family be happy here?

One area that has seen a significant increase in housing demand over the past five years is Harrisdale, the suburb Heron Park calls home. Strong population growth and the release of new projects has catapulted interest in the suburb with an increase of 3.9% per annum having taken place in the past five years to March 2018* and shows little sign of slowing down.

Heron Park and wider Harrisdale have seen significant growth since 2011, seeing a 78% increase in annual sales. With affordable housing options and house and land options for most budgets, Heron Park has been a popular choice in comparison to its pricey neighbour Piara Waters. Young couples and families looking to enter the housing market have contributed to these statistics with many choosing Heron Park as their home. In fact, dwelling approvals reached an all-time high in April 2018!

In recent years the median house and land price has grown to $510,000, $20,000 more than Greater Perth (source: PriceFinder). In such a competitive market, positive growth is an essential attribute your future home location should have. Infrastructure investment including the Harrisdale Pavilion, Harrisdale Shopping Centre, Forrestdale Business Park and South Forrestdale Industrial Precinct have been key contributors to population and development growth. The median price has been performing at a higher rate when compared to Greater Perth since 2008*, allowing new and prospective residents to feel confident in their purchasing decisions.

Alongside such industrial and shopping amenities, educational investment has been appealing to families, or those couples looking to grow their family as well as professionals looking to invest in further education at one of Western Australia’s top performing universities. With the significant growth recognised, Harrisdale Primary school has seen over $15 million of investment and Harrisdale Senior High School has seen over $61 million in investment. The top of the range facilities provides fantastic amenities and learning tools for residents now and for many years to come.

Local investment in education and lifestyle has seen Harrisdale become a first-choice location for many new home buyers. Perth’s South East Region has been flooded with new amenity and opportunity and with that, we can see a correlation to new families purchasing in Heron Park. With opportunity promised to continue over the years to come, land in the area is expected to be snapped up quickly and demand for property expected to rise.

As Harrisdale is a suburb so rich in amenity, young couples and families are drawn to the community for its connectivity, opportunity and employment options. With future amenities under construction, the future is looking bright at Heron Park.

To begin you Heron Park journey, explore land for sale today and chat to our team.

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