5/33 Scarborough Beach Road, North Perth, WA 6006
Low to Mid $1Ms
3 2 2
Open Thursday 25 June 5:15 pmDeveloped rapidly during the Western Australian gold rush as a residential suburb for Perth's growing middle class. It was originally part of the Perth Road Board before becoming its own municipality in 1901 and later merging into the City of Perth and finally the City of Vincent.
A sophisticated urban hub known for the Angove Street cafe strip, high-performing primary schools, and a mix of restored Federation homes and contemporary infill.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
North Perth represents the 'sweet spot' of Perth real estate, offering the prestige of the western suburbs with a more eclectic, urban edge. It is a defensive asset class that holds value well during market downturns due to land scarcity and school demand.
$1.2m – $2.5m
$450k – $850k
12-month movement
Current asking rents
The price gap between unrenovated character homes and fully modernized residences is widening, providing opportunities for value-add through sensitive restoration.
Price comparison
Median price ÷ median income
Estimated rental yield
North Perth is considered an aspirational suburb. While units offer an entry point, houses are increasingly out of reach for first-home buyers without significant equity.
Lower = tighter market
Avg time on market
Annual rental increase
Young professionals, medical staff from nearby hospitals, and small families.
Strong capital growth prospects and negligible vacancy risk. However, low yields mean investors should focus on long-term capital gains rather than immediate cash flow.
Expect continued outperformance of the broader Perth market. As the CBD expands and the ECU City Campus activates, the inner-north ring will see sustained pressure on both prices and rents.
vs last 12 months
Relative comparison
Check local police statistics for specific street-level data, particularly near commercial hubs and public transport stops where opportunistic theft is more common.
The primary risks are regulatory and financial rather than environmental. Heritage constraints can significantly impact the cost and scope of renovations.
Very low risk; suburb is largely elevated relative to the Swan River.
Negligible risk in this high-density urban environment.
Standard premiums apply, though older homes may require updated wiring/plumbing for full coverage.
Heritage Protection Area (HPA) and Character Retention Areas.
Fitzgerald Street and Charles Street corridors for mixed-use apartments.
The City of Vincent is proactive in heritage preservation. Buyers must check the Heritage List before planning any external modifications.
High frequency bus routes on Fitzgerald and Charles Streets; walkable to CBD for the fit.
World-class cafe culture on Angove St and proximity to Leederville and Mt Lawley.
Excellent access to Woodville Reserve, Smith's Lake, and the nearby Hyde Park.
Home to one of the state's top-performing primary schools; central to private school bus routes.
Minutes from Royal Perth Hospital, Sir Charles Gairdner, and St John of God Subiaco.
A highly educated, high-income demographic with a strong representation of professionals in health, education, and law.
The high concentration of dual-income professional couples supports local retail and maintains high property values even in tighter economic conditions.
Focus is on high-quality infill along transport corridors and the revitalization of the Beatty Park precinct.
Residents are fiercely loyal to the suburb, citing the 'village feel' and the ability to walk everywhere as the primary draws. There is a strong sense of community pride, particularly regarding the preservation of local history.
The best place to raise kids in Perth. We walk to the primary school and then grab coffee on Angove Street. It's a true community.
I love being so close to the city for work, but the weekend vibe is so relaxed. Parking can be a pain for my friends when they visit though.
The architecture here is stunning. Every house has a story. I've moved from a large house to a smaller renovated cottage and love the lifestyle.
I never have a vacancy for more than a few days. The demand from hospital staff is incredible.
It's getting so expensive to rent here. I love the area but I might have to move further out next year.
The locals are very supportive of small businesses. There's a real 'shop local' mentality here.
Position the property as a 'lifestyle asset' rather than just a home. Emphasize walkability, school catchments, and the unique character that cannot be replicated in newer suburbs.
North Perth is a 'blue chip' investment. It offers low risk and high capital growth potential.
Low rental yields and high entry costs. Maintenance on older homes can eat into profits.
Incredible lifestyle, safe streets, and easy commute.
High competition for rentals and limited parking for older units.
Ensure all heritage-listed properties meet modern safety standards without compromising character.
Focus on 'The North Perth Lifestyle'—cafes, parks, and community.
Professional couples aged 30-45 with young children or planning a family.
This report is based on data available as of 2026-03-05. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent investigations and consult with qualified professionals before making any property purchase.
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Low to Mid $1Ms
3 2 2
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