Suburb spotlight on: Atwell, WA
Who’s got top market share?
Located just over an hour away from Perth, peaceful Atwell is a lakeside haven offering young and established families a chance to get on the property ladder with its affordable market. There are also local opportunities for investors thanks to infrastructure development in nearby Cockburn. With the addition of a steadily rising population, a clever sales business could easily capitalise on this growing market.
Let’s look at the market share in the area. First National Peak Central has the greatest market share at 35%, closely followed by Harcourts Regal Gateway at 17%. Acton rounds out the top three with 4.5%.
Local amenities are a big plus for the residents with plenty of schools and local shopping centres available. Families make up 60% of the population according to CoreLogic Data, with the most popular purchase being a three bedroom home at an average price of just under $500k. 21% of the market is in rentals, with an average rental price of $400 per week, offering a profitable rent roll in the area.
Atwell offers a prime spot for a smart Ray White business in the expanding area just outside Perth. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.