With the redevelopment of Scarborough well underway the area is shaping up to become an iconic destination for WA. With Perth property prices showing signs of recovery now is a great time to consider buying in the highly popular Scarborough area.
According to the Real Estate Institute of WA (REIWA) Perth’s median house price increased by almost 2% in the 3 months to December to $535,000. REIWA president Hayden Groves recently tipped Scarborough as a suburb to watch over the next 12 months.
Scarborough contains a unique blend of established homes, beach shacks, new dwellings, villas, townhouses and apartments. That’s why Pulse decided to develop various boutique housing projects in Scarborough due to the endless lifestyle benefits the area has to offer with beautiful beaches and a vibrant café culture.
The level of enquiry and interest from potential buyers has definitely increased in January particularly with the state government generously increasing the First Home Buyers Grant to $15,000.
Potential buyers see great value in Scarborough given the median house price is much lower than surrounding suburbs such as City Beach and Trigg and with the foreshore redevelopment underway it seems now is a great time to buy.
Pulse recently completed two boutique developments both on Westview Street in Scarborough. These unique contemporary developments, are ideally located within walking distance to a variety of shops/cafes and only minutes away from the much-loved white sandy shores of our iconic Scarborough Beach.