Towards the extreme southern end of Perth lies the outer suburb of Wellard. Straddling the Kwinana Freeway, the western half of the suburb is primarily suburbia while the eastern side is largely semi-rural residential properties. Wellard encompasses part of the Leda Nature Reserve which links into the relatively extensive Kwinana Loop Trail. It’s less than 15 minutes from the closest swimming beaches as well as the Rockingham foreshore and The Spectacles Wetlands.
Wellard has a few primary schools and colleges within the suburb including Wellard Village Primary School and The King’s College. For high school, parents can choose to send their child to Gilmore College or one of the surrounding private schools. Nearby there are a few higher education institutions, including two South Metropolitan TAFE campuses and Murdoch University’s Rockingham Campus. There are a couple of medical centres in Wellard with specialist clinicians, and Rockingham General Hospital is a short drive away.
Wellard has a small shopping complex where residents can access a range of stores including a supermarket, baker, pharmacy, post office, coffee shops, takeaway, and the local pub. Next to the shopping complex is a train station which lies along the Perth to Mandurah Railway line, and the convenient access to the Kwinana Freeway makes getting around the city a breeze. In terms of health and fitness there’s number of public parks and bushlands and in the surrounding suburbs there are sporting clubs, gyms, wakeboarding and water skiing parks, equestrian centres, golf courses and aquatic centres.
Luke and Julian each have over 20 years of property investment experience.
Starting in 2003 a large section of Wellard was slated for development in a joint project between the Western Australian Department of Housing and Peet Limited. Much of the western half of Wellard was dedicated to the 320-hectare project which is being completed in stages. That is why that side of the suburb is more developed, with newer residential housing and access to more services. The other half of Wellard is semi-rural blocks, something that appeals to people who want a larger property while retaining easy access to city comforts.
Data from the Australian Bureau of Statistics reveals that Wellard attracts a certain demographic; most households are families with young children. In addition, a majority of people own their own home with a mortgage indicating that Wellard is of interest to young families looking for a place to settle down. There are also a significant number of people that rent, which could mean promising things for potential returns on rental properties in the area.
Due to the different stages of development the block sizes vary immensely across Wellard, but the overwhelming majority of properties have a house with 3 or more bedrooms. On the western side the block sizes range from around 450 m² to 1600 m². This is a much larger variance than you tend to see but means there’s likely to be something that suits your investment goals. On the eastern side most of the semi-rural properties are around 5 acres.
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