Property Report

Over recent years, Australia’s property market has witnessed a significant shift in the preferences of affluent maturing residents who once called sprawling mansions their homes. These individuals, whose adult children have flown the nest to forge their own paths, are now seeking more compact yet equally luxurious abodes in the same exclusive suburbs they have come to cherish. 

This trend has given rise to the luxury living vertical village – high-rise apartment complexes that offer a perfect blend of upscale living and a holistic activated lifestyle. 

A growing number of property developers have identified this trend, catering to the preferences of the super-rich maturing population. 2021 data from the Australian Bureau of Statistics, showed there were more than 368,000 high-rise residential apartments in towers with nine or more storeys in Australia. Suburbs like Dalkeith, Mosman Park, Crawley, and Nedlands are at the forefront of this transformation. As they say, the western suburbs of Australia have long been the epitome of opulence, and once residents move in, they rarely leave.

The two main factors driving the trend for vertical villages include:

Lifestyle

According to the Australian Housing and Urban Research Institute, Australians consider lifestyle factors as a crucial determinant when moving to a new home. Luxury vertical villages meet these demands by providing state-of-the-art facilities including fitness centres, pools, and concierge services. 

Location

The appeal of these vertical villages is further enhanced by their strategic location. Proximity to nature, yacht clubs, and shopping precincts ensure that residents can enjoy an upscale urban life while still being connected to serene surroundings.

As the luxury living vertical village phenomenon continues to gain momentum in Australia’s western suburbs, the property market is evolving to meet the demands of this discerning demographic.  

If you are looking to buy or sell property in the Western Suburbs, contact us today so we can talk about your specific needs.

Have you heard about the wellness real estate phenomenon? A burgeoning sector valued at an impressive $275 billion, it’s projected to soar to $580.3 billion by 2025, boasting a 16.1% growth.

Wellness Lifestyle Real Estate is a slice of this sector focused on residential. The Global Wellness Institute (GWI) defines these as homes thoughtfully designed and built to nurture the holistic health of the residents. Fascinatingly, wellness-focused residential developments are now achieving sales price premiums averaging between 10-25%, sometimes reaching up to 55%.

In 2020, Australia clinched the 3rd spot in the top twenty markets for wellness real estate, boasting a market size of a whopping $16.54 billion. It’s clear Australians have a growing appetite for wellness-centric residential spaces, as revealed by GWI’s 2018 Build Well to Live Well report:

• 45% of Australians favour homes close to a local park
• 50% yearn for access to paved walking paths
• 70% prefer walking distance to public transport
• 64% opt for homes within walking distance to local services

With the environment and community shaping up to 90% of our health outcomes, it’s no surprise people are investing in homes where health and wellness are built into the very blueprint.

Western Australian suburbs are now increasingly catching the eye of wellness-focused home seekers, particularly in areas like Dalkeith, Nedlands, Mosman Park, and Crawley. These suburbs offer a bounty of wellness-inspired homes with sophisticated lifestyle: 

Generous land sizes cater to home gyms and pools

The spacious land parcels available in these suburbs offer ample space to incorporate wellness amenities right at home. Residents have the flexibility to install fully-equipped home gyms or create tranquil pool areas, turning their residences into personal wellness retreats.

Architecturally inspired homes promoting joyful movement

These homes are not just about aesthetics; they’re designed to inspire activity and movement. Wide-open spaces, flowing floor plans, and integration of outdoor elements ensure that daily living becomes a joyful, active experience.

Homes with optimal sun orientation and lush greenery

Homes in these areas harness natural resources for wellness. They’re oriented to maximise sunlight, promoting natural light’s mood-boosting benefits, while the abundance of greenery fosters a serene environment and improves air quality.

Proximity to wellness amenities like beaches, rivers, and forests, coupled with nearby urban conveniences

These suburbs strike a beautiful balance between tranquillity and modernity. While residents can enjoy nature’s therapeutic benefits with easy access to beaches, rivers, and forests, they’re also just a stone’s throw away from urban conveniences—supermarkets, cafes, and public transport. This harmony of nature and city living cultivates a well-rounded lifestyle, offering the best of both worlds.

If you are looking to buy or sell property in the Western Suburbs, contact us today so we can talk about your specific needs.

Over the course of my career, I’ve had the privilege of working with some of Australia’s most respected business leaders and consider myself fortunate to have had such unique experiences, so here are some of the most important insights I’ve gleaned. 

Humble Beginnings

Many successful business leaders come from modest backgrounds. These humble beginnings mould them into grounded individuals, cautious yet confident. Their success is an inspiring embodiment of their diligence and tenacity.

Business Reflects the Personal

How they navigate their businesses often mirrors their personal ethos. Running a multi-million dollar corporation necessitates a powerful, compassionate leader who can balance the scales of authority and empathy.

Negotiations as Win-Win

They have mastered the art of negotiation, striking a perfect balance between firmness and fairness. The goal of top business leaders is to ensure a rewarding outcome for every stakeholder.

Family First

Family values tend to be a common theme. Their family homes often serve as their sanctuary, and a solid family foundation frequently underscores their success.

Guidance, NOT Salesmanship

These astute individuals are not looking for a sales pitch. They value guidance, particularly during unfamiliar processes, and appreciate a consultant who adds value to their decision-making.

Building Sustainable Relationships

In this world of high-stakes real estate, it’s not about the quick sell. Working with the top business leaders, it’s about fostering long-term, sustainable relationships. Trust and integrity go hand-in-hand with success in this field.

In a nutshell, successful business leaders, though seemingly larger than life, are fundamentally human.

Working closely with Australia’s top business leaders has given me a nuanced understanding of their distinctive requirements and ambitions. I’ve learned that a blend of commercial savvy, integrity, and shared understanding can powerfully simplify the intricate process of high-stakes real estate transactions. If you are looking to buy or sell property in the Western Suburbs, contact us today so we can talk about your specific needs.

Education is indeed a cornerstone of the western suburbs’ enduring allure. The region’s reputation for providing quality schooling is a significant factor in attracting numerous families to relocate here, and their influence extends well beyond academic performance. They’re prized for their nurturing environments, dedicated faculties, and holistic learning experiences. So, let’s have a rundown of some of the most outstanding government-funded academic institutions in the Western suburbs. 

Shenton College (Shenton Park, Western Australia)

https://www.shenton.wa.edu.au/
     

Shenton College holds a significant historical background. The school’s site was once home to Lemnos Hospital, a facility that provided care to WWI servicemen with war-induced mental health issues. With a focus on functional design, Lemnos Hospital expanded into a remarkable complex of heritage-listed buildings. 

Shenton College, established in 2001 through the merger of Swanbourne and Hollywood Senior High Schools, carries forward the legacies of these institutions. Guided by the principles of justice, equity, responsible care, and respect, Shenton College aims to deliver a comprehensive and inspiring educational experience known as “Learning for Life.” The school’s approach emphasises interdisciplinary connections and equips students with lifelong learning skills. 

As one of the top government schools, Shenton College nurtures students to not only excel academically but also develop the capabilities to actively engage, contribute, and progress in their chosen paths, making them valuable assets to society. 

Perth Modern School (Subiaco, Western Australia)

https://www.perthmodern.wa.edu.au/
     

Perth Modern School, located in Subiaco, Western Australia, stands as a renowned institution known for its exceptional academic standards and selective entry process. 

With a rich history dating back to 1911, the school offers a comprehensive education from Years 7 to 12. Students at Perth Modern School are immersed in a challenging curriculum that fosters critical thinking, creativity, and independent learning. The school’s strong emphasis on the arts, sciences, and technology provides a wide range of opportunities for students to excel in their chosen fields. 

Graduates from Perth Modern School have a proven track record of success in their tertiary studies and professional careers. They take pride in being Western Australia’s only fully academically selective school for gifted and talented students. 

This top government school strives to provide a diverse range of academic, social, musical, sporting, community service, and leadership opportunities that encourage personal growth, resilience, and independent thinking. 

Nedlands Primary School (Nedlands, Western Australia)

https://www.nedlandsps.wa.edu.au/

Nedlands Primary School, established in 1913, is deeply rooted in the Nedlands community. Guided by the philosophy ‘Experiencing the Opportunities’, the school emphasises the importance of every learning and growth opportunity. This institution offers a balanced curriculum that blends explicit instruction with play-based and inquiry learning. Teachers employ diverse strategies and resources, promoting both critical thinking and creativity. Their approach supports each child’s holistic development.

Nedlands also highlights the value of taking risks and leadership. The school encourages students to challenge themselves and develop leadership skills, supported by extracurricular programs in The Arts and STEM.

Strongly intertwined with the local community, Nedlands Primary School honours its history and fosters partnerships to support local projects. Relationships, including those between educators and students and within the pastoral care system, form a support network for student well-being.

Mosman Park Primary School (Mosman Park, Western Australia)

https://www.mosmanparkps.wa.edu.au/

Mosman Park Primary School has been an integral part of the local community for the past century. In 1919, Mosman Park Primary School established the first Parents & Citizens’ Association in the metropolitan area, highlighting the strong engagement and support from parents. The school’s connection to electricity in the same year marked a milestone in its development. Over the years, the student population fluctuated, reaching a peak of 562 students in 1951.

Throughout its history, the school has benefited from the dedication of its teachers and the involvement of a caring and supportive parent community. Mosman Park Primary School is committed to fostering a stimulating and inclusive environment that enables every child to reach their full potential in academic, social, emotional, physical, and creative domains.

The school prioritises academic rigour and personal excellence, offering an engaging and challenging curriculum. A culture of high expectations permeates the school community, and meaningful partnerships are forged among stakeholders. Professional responsibility is emphasised, with both group and individual accountability.

Dalkeith Primary School (Dalkeith, Western Australia)

https://dalkeithps.wa.edu.au/

Established in 1938, Dalkeith Primary School is an Independent Public School located in the suburb of Dalkeith, Western Australia. With a rich history of over 75 years, the school has built a reputation for excellence in primary education. Governed by a School Board comprising parents, staff, and community members, Dalkeith Primary School offers a dynamic and inclusive learning environment. The school emphasises collaboration between teachers, parents, and students, fostering a supportive atmosphere where each child can thrive. 

With a culturally diverse student population, this top government school in Perth celebrates diversity and provides a range of programs tailored to meet the needs and interests of students. Dedicated teachers, extensive extracurricular activities, and a commitment to academic achievement contribute to the school’s success.

Freshwater Bay Primary School (Claremont, Western Australia)

https://www.freshwaterbayps.wa.edu.au/

Freshwater Bay Primary School in Claremont is a thriving learning community that embraces wisdom, respect, and courage. With a central location and strong road and rail connections, the school caters to students from Pre-Primary to Year 6. Its stable student and staff population allows for long-term strategies and a comprehensive specialist program in STEM, Music, Art, Physical Education, and French. The school fosters a growth mindset and personalised learning, encouraging students to take ownership of their education. 

The institution prides itself on providing a safe and supportive environment with high expectations for student learning outcomes. As one of the top government schools in Perth, they collaborate closely with the Parent and Community Association and School Board to meet community expectations and fulfil their vision. 

If you are looking to buy or sell property in the Western Suburbs, contact us today so we can talk about your specific needs.

Living in Western Australia’s suburbs, we’re fortunate to be surrounded by natural beauty and a warm, vibrant community. Part of what makes life here so enjoyable is the range of shopping precincts we have at our disposal. It’s not just about fulfilling needs – it’s about the experience. Each precinct, from lively markets to quiet boutiques, holds its own unique character and charm.

Let’s dive into a selection of these shopping precincts that genuinely contribute to the charm of living in the Western suburbs.

Claremont Quarter

Bay View Terrace, Claremont WA 6010, Australia
https://claremontquarter.com.au/

Claremont Quarter is a premier shopping destination in the heart of the Western Suburbs. This sophisticated precinct is renowned for its upscale fashion, exclusive brands, and refined ambience. Explore the meticulously designed streets lined with boutiques and designer labels, including Bailey Nelson, Chanel, Blue Illusion, and French Connection. 

Beyond fashion, Claremont Quarter offers indulgent beauty treatments, exquisite jewellery, and upscale dining experiences. Crowd favourites are Academy Cafe, Grill’d, Daimonji Sushi Bar & Grill, and Gourmet Republik. 

Broadway Fair Shopping Centre

Broadway, Nedlands WA 6009, Australia
https://www.broadwayfair.com.au/

Broadway Fair Shopping Centre, with its prime location and diverse offerings, caters to the needs and desires of both locals and visitors. From grocery shopping to healthcare services, banking facilities and everyday essentials, the centre provides a one-stop shopping experience that simplifies your daily errands and enhances your lifestyle. You can find Kongs Oriental Supermarket, Tommy Sugo, and Dress Circle Emporium.

Dalkeith Village

Waratah Ave, Dalkeith WA 6009, Australia

Dalkeith Village Shopping Centre captures the essence of a peaceful and idyllic village atmosphere. Recently undergoing a substantial refurbishment, the Centre seamlessly blends historic Tudor-style architecture with a modern edge. Within the newly renovated premises, you’ll find an array of boutique shops, specialty stores, and local businesses, offering essential services and must-use tenants including Tucker Fresh IGA, Dalkeith Medical Centre, Australia Post, a news agency, pharmacy, hairdresser, and florist.

What truly defines Dalkeith Village is its commitment to personalised service and a warm community ambience. The friendly faces you’ll encounter here transform the shopping experience into a delightful neighbourhood gathering. With its revitalised surroundings and charming setting, Dalkeith Village is an ideal destination for those seeking unique shopping experiences and a place to connect with friendly locals.

Napoleon Street

Napoleon St, Cottesloe WA 6011, Australia

Napoleon Street in Cottesloe is a charming and upscale shopping precinct known for its sophisticated ambience and boutique-style experience. Here, fashion enthusiasts can explore upscale boutiques showcasing designer clothing, accessories, and footwear, while specialty stores provide a diverse mix of upscale homeware, beauty products, and artisanal crafts. Check out Esola, Boheme Luxe, Flannel, and Beautiful Era Gifts. 

Visitors and locals can indulge in the street’s fine dining restaurants, gourmet cafes, and cosy eateries. I highly recommend Cimbalino and Elba Champagne. 

Mosman Park Shopping Centre

Harvey St, Mosman Park WA 6012, Australia
https://www.facebook.com/mosmanparksc/

Mosman Park Shopping Centre features a wide range of stores, including a supermarket for groceries, fashion boutiques, electronics shops, and home decor stores. Locals and visitors are encouraged to shop at The Pink or try a few sessions at Yab Yum Yoga. And when you’re tired of going around, cap your day with a cup of coffee at Kinky Lizard.  

The centre also offers convenient amenities, including a food court, hair salons, and pharmacies, ensuring a holistic shopping experience. With its strategic location and diverse offerings, Mosman Park Shopping Centre is a go-to destination for shoppers seeking convenience and variety.

If you are looking to buy or sell property in the Western Suburbs, contact us today so we can talk about your specific needs.

In a recent CoreLogic study, Perth stands out as the sole Australian capital where land values are at unprecedented highs. Additionally, properties in Perth are selling within a median of just 10 days — many in even fewer than a week on the market.

This fervour extends to the Western Suburbs, where investor interest continues to intensify as land values persistently appreciate. Larger blocks, in particular, are captivating discerning investors with their potential for long-term value growth and the exceptional lifestyle they afford. This mirrors trends seen in Sydney and Melbourne, where sizable trophy blocks remain highly sought-after assets.

Underpinning this appreciation is Western Australia’s robust, resource-backed economy, which achieved record sales of $246 billion in 2022. Compounding the interest is Perth’s strategic position — sharing a timezone with Asia — making it a hotbed for local and foreign investments. These factors combined, present a compelling opportunity for investors seeking to build not just a portfolio, but a lasting legacy in the esteemed Western suburbs.

Despite the concerns about high construction costs, the enthusiasm for building at the top end of the market remains robust. High-end builders are flourishing and the appetite for luxurious, distinct homes in prime locations, blue-chip areas, and iconic landmarks shows no sign of waning. In fact, such properties often command the fastest sales. The Australian luxury residential real estate market, currently valued at around AUD 35 billion, is projected to grow at a CAGR of over 3% from 2023 to 2028. In 2022, Perth led this luxury market growth with an increase of 4.1%, followed by Brisbane, Gold Coast, Sydney, and Melbourne. 

Recent data from CoreLogic’s Cordell Construction Cost Index further dispels the narrative of skyrocketing building costs in Western Australia. The June quarter report indicates that WA recorded a modest 0.5% growth, marking the state’s lowest quarterly increase since June 2019. 

In reflecting on the land values of location, two standout land sales I facilitated this year in the Western Suburbs come to mind. The first was 208 Princess Road, Nedlands, a superbly located freehold R60 Zoned lot. The second, is 2A Adams Road, Dalkeith, a prestigious 738 sqm block in the heart of Dalkeith, just 100m from the water’s edge. Both these remarkable properties, now sold, exemplify the continued demand for prime land and the long-term value that the right location presents. It reaffirms that the Western Suburbs, with its unique blend of natural beauty and urban connectivity, continue to be a prized area for astute real estate investment. 

With a reputation for prestige and a long history of being home to some of Australia’s most respected business alumni, Dalkeith embodies urban connectivity seamlessly blended with natural beauty. Its unmatched location, near top-tier schools, universities, sports facilities, yacht clubs, shopping centres, and the CBD, complemented by a picturesque beachfront, positions it as an address of distinction. 

Dalkeith offers an unrivalled lifestyle, providing you with the opportunity to enjoy the unique charm of Perth, a city known for its gentle climate, lush natural landscapes, and impressive architecture, while also benefiting from its strategic location and shared timezone with Asia.

If you are looking to buy or sell property in the Western Suburbs, contact us today so we can talk about your specific needs.