Mirrabooka Suburb Report - Professionals The Wright Team Balga, Mirrabooka, Girrawheen, Koondoola & Westminster

Mirrabooka Suburb Report

Professionals The Wright Team Latest News 15th August, 2017 1 Comment
Recent Median Sales Price - Mirrabooka

Mirrabooka is a suburb of Perth, located 14 km from the city centre. The area is best known for The Square shopping mall and the Mirrabooka bus station, a local transport hub. It is also known for its twee street names, such as Wintersweet Ramble and Threadleaf Way. The suburb is governed by the City of Stirling and its surrounding areas include Malaga, Balga, Nollamara and Naranda.

In recent years, Mirrabooka has expanded rapidly, as housing developments have been built on subdivided bushland. It has mostly expanded north, above Yirrigan Drive. The suburb is approximately 5 square km in size, although nearly 6 percent of this is accounted for by its 20 parks. A typical property in Mirrabooka is a single detached dwelling, constructed of brick and tile. Ninety-four percent of properties are houses, with a small number of town houses and flats. Mirrabooka has very few unoccupied homes, only 126 out of a total 2,377 households.

Mirrabooka is one of the most multicultural neighbourhoods of Perth, with an influx of immigrants in the past few years. Australia-born residents are in the minority and there are at least two languages spoken in most households. This is likely to change, as house prices are rising due to demand in the area, and the neighbourhood is becoming noticeably more middle class.

As a residential neighbourhood, Mirrabooka has a good range of local amenities. In terms of education, it has three primary schools, one high school and a public library. As for recreation, there is a sport and community centre, and many open spaces and parks such as the Fragrant Gardens Reserve and Macalister Gardens Reserve. Mirrabooka Mosque serves the growing community of Muslims in the area, while there are two Christian churches on the south side of the suburb, the Eternity Church and St Gerard Majella Catholic Church.

 

Mirrabooka Housing Market Trends: Sales

House prices are on the rise in Mirrabooka as the City of Stirling implements plans to revitalise the area. These include projects such as major retail and housing developments, with a large financial investment. As of March 2017, prices have increased on average 2.93 percent per annum for the past five years. This shows an accelerating speed of growth, as the same stat over the past 10 years is only 1.31 percent per annum.

The median sale price for the area is $369,000 based on data from 68 sales in the past 12 months. The average time on market for a Mirrabooka property is 51 days, according to data from Reiwa. Comparing Mirrabooka to Stirling, homes in the city overall are significantly more expensive, with an average sale price of $619,500. This suggests that Mirrabooka has become a desirable area thanks to its affordable homes and promise of future amenities and improvements.

The average household size in Mirrabooka is three, and the average age of residents is 30, five years younger than Perth. Perhaps predictably for a younger population, the average weekly household income is lower than Perth too, at $1,033. Couples with children make up 42 percent of Mirrabooka households, while 18 percent of homes are occupied by couples without children. Single-parent families represent another 18 percent, and people living by themselves are also 18 percent of households. There are few elderly people in Mirrabooka, with only 7 percent of residents over 65. The population grew by 1 percent in the five years prior to 2011.

Comments (1)
quichua

I couldn’t resіst commenting. Perfectly writtеn!

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