NEWS & ANALYSIS Alkimos tipped to be property hot spot LOCATION: Alkimos’s close proximity to the coast is considered to be a big driver for capital growth. Dan Wilkie
[email protected] The north-west coastal suburb of Alkimos of an up and coming area.” units during this period,” she said. is Perth’s best prospect for capital growth Rounding out the top five best-perform- “As the Perth economy comes out of an for property investors in 2016, according to ing suburbs from 2015 were Perth, Wandi enormous boom, these dwellings are seeing research group Onthehouse.com.au and South Fremantle, at 9.1 per cent, 9.05 per a correction in value.” The property cent and 8.99 per cent median price growth, sector research respectively. firm reported In all of the top five best-performing sub- a 15.15 per cent . ...judging by the MEDIAN PRICE urbs, it was houses rather than units or median price INCREASE apartments where the price growth was development happening increase in Alki- experienced. mos over 2015, making it the metropolitan in this area it is area’s best performing suburb On the other side of the ledger, Perth’s becoming a popular worst-performing property class in 2015 were Onthehouse.com.au market analyst Eliza units in North Coogee, which experienced a place to buy Owen said Alkimos’s median price growth median price reduction of 12.6 per cent. beat the next best-performing suburb, San Remo near Mandurah, by more than 5 per Houses in Kewdale were down 10.2 per cent, Ms Owen said those economic conditions cent.