GROWTH RATES YTD QTR 5 YRS 10 YRS 1 YR The Provincial Prediction for Lesmurdie With a huge shift in mindset largely due to Covid more and more people are discovering and seeking the blessed lifestyle of the Kalamunda hills – large blocks, friendly people, great schooling only 30 minutes to Perth and a short drive to the new Forrestfield train station makes this one hot property area for families and future investing. Ben Ciocca Director Provincial Real Estate Kalamunda 12.0% 2.6% 3.1% 22.5% 1.1% 0.3% 3.5% 1.4% Perth Metro Region 1.7% 1.6% 3.5% 5 YRS CPI R R RS GROWTH RATES YTD QTR 5 YRS 10 YRS 1 YR The Provincial Prediction for Kalamunda Over the last two years Covid has awakened a new mindset in buyers locally, interstate and nationally. Our unique lifestyle here in Kalamunda and surrounding hills suburbs has been rediscovered by buyers that would not necessarily ever have considered a move to the hills before. More and more people are leaving the city burbs and shoulder to shoulder lifestyl s for a spacious, natural and embracing new beginning for themselves and their families. What isn't to love about Kalamunda we are only 30 minutes drive to Perth's CBD, we have just about all the amenities you could ask for in our adorable village, fantastic schooling, large lifestyle blocks, gorgeous bushland reserves, walking and wine trails on our door step, the new Forrestfield Train station minutes away and of course Kalamunda's close knit community. Yes interest rates and inflation has increased however we must remember that Perth is still one of the lowest median house prices in Australia, coupled with low unemployment, mining is taking off and according to a recent West Australian survey 1 in 10 Australians are considering about moving to Perth. With all this in mind along with a yearning for people to change their families lives and head for the hills, our future looks bright. Ben Ciocca Director Provincial Real Estate Kalamunda -0.7% 2.6% 3.9% 17.5% 1.3% 0.6% 4.9% 0.3% Perth Metro Region 1.8% 1.9% 5.2% 5YRS AT D YR CPI field train future Key Facts Population: Largest ge Group: No of Dwellings: 8,473 Aged 0 -18 (32.1%) Approx. 2,300 Growth Rates 1 Yr 5 Yrs 10 Yrs Lesmurdie 8.8% 5.4% 2.6% Perth Metro 2% 1.3% 1.2% Median House Price: $740k 2BR 3BR 4BR $650k $665k $790k Average Sale Time on Market: 25 days Median rent $450 pw 2BR 4BR $450pw $635pw Schools: Lesmurdie Primary School, Falls Road Primary School, Lesmurdie Senior High School, Mazenod College, St Brigids College Surrounding Schools: Kalamunda Christian Primary, Mary’s Mount Primary, Gooseberry Hill Primary, Wallistion Primary, Pickering Brook Primary, Carmel Adventist College SOURCE: REIWA & CORELOGIC
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