Thea Samuel
10/48 Austin Street, Shenton Park, WA 6008
Offers From $795,000
2 1 1
Open Saturday 27 June 10:00 am🏛️ About This Suburb (Last Updated Date: 2026-03-05)
History, Aboriginal heritage, and the story behind the name.
Shenton Park — Whadjuk Noongar Country
Originally part of the 1830s land grants, the area evolved from timber milling and dairy farming into a residential suburb by the early 1900s. It became a critical medical hub with the establishment of the Royal Perth Rehabilitation Hospital and later the QEII Medical Centre.
A sophisticated mix of restored heritage workers' cottages, mid-century family homes, and high-end contemporary apartments in the Montario Quarter.
Overall Score
8.9
An elite lifestyle suburb with high demand and limited supply.
Aboriginal Name
Jualbup— "A place where water rises"
Name Origin
Named after George Shenton, a prominent merchant and former Mayor of Perth.
Established
Gazetted 1927
Green Space
Home to Lake Jualbup, a major local landmark.
Medical Hub
Adjacent to the largest medical precinct in the Southern Hemisphere.
Education
Houses the top-ranked Shenton College.
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
7.2
Steady growth driven by low stock levels and high-income buyers.
Amenity
9.5
Exceptional access to parks, cafes, and world-class medical facilities.
Schools
9.8
Home to one of WA's most sought-after public secondary schools.
Transport
8.8
Excellent rail and bus links to Perth CBD and Fremantle.
Risk Profile
8.5
Low volatility due to blue-chip status and institutional employment nearby.
Liveability
9.4
Highly walkable with a strong community feel and premium greenery.
Demographics
9.1
Affluent population of medical professionals, academics, and families.
Rental Demand
8.7
Extremely high due to proximity to hospitals and the university.
Growth Potential
6.8
Moderate as prices are already at a premium, but scarcity supports value.
Affordability
2.5
One of Perth's most expensive suburbs with a high barrier to entry.
Crime & Safety
8.9
Very safe with crime rates significantly lower than the metro average.
Walkability
8.6
Most daily needs can be met on foot, especially near Onslow Road.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$1,985,000
Reflecting 2025-26 market values
Median Unit
$765,000
Includes new Montario Quarter stock
12mo Growth
6.4%
Steady appreciation in a high-rate environment
Vacancy Rate
0.8%
Critically undersupplied rental market
Top School
Shenton College
Consistently top-ranked public school
Employment
QEII Medical
Major driver for local housing demand
✅ Key Advantages
- Elite public school catchment (Shenton College and Rosalie Primary).
- Walking distance to the QEII Medical Centre and Perth Children's Hospital.
- Excellent public transport via the Fremantle railway line.
- High concentration of parks and green space, including Lake Jualbup.
- Strong historical capital growth and resilient property values.
- Vibrant local village feel along the Onslow Road shopping strip.
⚠️ Key Watch-Outs
- High entry price points and significant competition for family homes.
- Heritage constraints can make renovations costly and complex.
- Parking congestion near the hospital precinct during peak hours.
- Aircraft noise can be present under certain flight paths.
- Limited land availability for new detached dwellings.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Sophisticated Professional
How this suburb feels day-to-day.
🏠 Property Types
Character cottages, renovated bungalows, and modern luxury apartments.
Dominant dwelling stock.
💰 Price Range
$700k (Units) to $4.5m+ (Premium Houses)
Typical entry to ceiling.
💡 Why It Matters
Shenton Park is a 'recession-proof' suburb because its value is anchored by essential infrastructure (hospitals and schools). It appeals to high-income earners who prioritize commute times and education quality.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$1,985,000
$1.6m – $4.2m
🏢 Unit Median
$765,000
$550k – $1.8m
📈 Price Trend
+6.4% past 12 months
12-month movement
🔑 Weekly Rents
Houses $1,100pw, Units $680pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
The price gap between houses and units is widening, making well-located villas and townhouses a high-demand middle-ground for downsizers.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
115% above Perth metro median
Price comparison
📋 Income Ratio
11.4x average household income
Median price ÷ median income
💳 Gross Yield
3.2% gross for houses
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
Shenton Park is an aspirational suburb. Buyers typically require significant equity or high dual-professional incomes to enter the detached housing market.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
0.8%
Lower = tighter market
⏱️ Days to Lease
16 days
Avg time on market
📈 Rent Growth p.a.
+9.5%
Annual rental increase
Demand Level
Very High
👤 Tenant Profile
Medical residents, registrars, university academics, and young professional families.
💼 Investor Outlook
Capital growth is the primary play here. While yields are lower than outer suburbs, the vacancy risk is near zero and tenant quality is exceptionally high.
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+6.4%
1-Year Growth
+22.5% cumulative
3-Year Growth
+47.0% cumulative
5-Year Growth
📍 Growth Drivers
- Ongoing expansion of the QEII Medical Centre precinct.
- Scarcity of land in the Western Suburbs.
- The 'Shenton College Effect' driving family demand.
- Completion of high-end retail and dining in Montario Quarter.
- Proximity to UWA and the Swan River.
⛔ Headwinds
- Interest rate sensitivity for high-leverage buyers.
- High stamp duty costs on premium price points.
- State heritage listing expansions.
🔮 5-Year Outlook
Expect continued outperformance of the broader Perth market. The suburb's transition from an older demographic to younger, high-wealth families will continue to drive renovation activity and value uplift.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
8.9
Safety Score
Above Average
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
32% below metro average crime rate
Relative comparison
Risk Categories
Property Crime: Low
Personal Safety: Very Low
Traffic/Speeding: Medium
📋 What to Check Locally
Check local street lighting and proximity to the train station for opportunistic theft, though rates remain very low for the region.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
The primary risks are financial (high entry cost) and regulatory (heritage constraints). Environmental risks are minimal.
🌊 Flood Risk
Very low risk; well-drained sandy soils typical of the Swan Coastal Plain.
🔥 Bushfire Risk
Negligible; fully urbanized area.
🏦 Insurance Impact
Standard premiums apply; no specific environmental loading identified.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
R20 (Low Density) to R60/R100 (Montario Quarter)
🔲 Overlays
Heritage Area (City of Subiaco), Special Control Areas for Medical Precinct.
🏗️ Development Hotspots
Montario Quarter (former Rehabilitation Hospital site).
Zoning is strictly enforced to maintain the suburb's character. Buyers looking to develop must be aware of the 'Character Area' guidelines in the Subiaco portion.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Shenton Park Station provides a 10-minute commute to Perth CBD. High-frequency bus routes serve the medical precinct.
🛍️ Amenity & Retail
Excellent local cafes on Onslow Road and proximity to Subiaco's retail heart.
🌲 Parks & Recreation
Lake Jualbup is the centerpiece, complemented by Rosalie Park and nearby Kings Park.
🏫 Schools
Unrivaled public school options with Shenton College and Rosalie Primary School.
🏥 Healthcare
Immediate access to Sir Charles Gairdner Hospital and Perth Children's Hospital.
👥 Demographics
Who lives here — income, age, ownership, and education levels.
A highly educated, high-income demographic with a significant proportion of medical and educational professionals.
💵 Median Income
$142,000 pa (Household)
🏠 Ownership
68% owner-occupied, 32% renting
🎂 Age Profile
Median age 39
🎓 Education
62% with Bachelor degree or higher
📊 Age Distribution
The high concentration of stable, high-income professions provides a strong floor for property prices even during economic downturns.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
The Montario Quarter is the most significant recent development, transforming the old hospital site into a mixed-use precinct.
📈 Positive Impacts
- Increased local retail and hospitality options.
- Modern housing options for downsizers.
- Improved public realm and landscaping.
📉 Negative Impacts
- Increased traffic on Selby Street and Lemnos Street.
- Higher density may change the 'quiet' feel of the western edge.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Subiaco
Position
North
Price
Slightly cheaper for units, similar for houses
Lifestyle
More commercial and nightlife-focused
Best for
Urban professionals wanting more action
📍Nedlands
Position
South
Price
More expensive for large land holdings
Lifestyle
Larger blocks, more suburban/stately feel
Best for
Families seeking 800sqm+ blocks
📍Daglish
Position
West
Price
10-15% more affordable
Lifestyle
Quieter, fewer amenities, smaller suburb
Best for
Budget-conscious buyers wanting the same schools
📍Jolimont
Position
North-West
Price
Similar to Daglish
Lifestyle
Newer developments mixed with older stock
Best for
Young families and professionals
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Malvern
VIC
9.1/10
Elite schools, heritage character, and high-income professional demographic.
Paddington
NSW
8.8/10
Historical workers' cottages and high walkability near a major city.
Unley
SA
8.7/10
Character-rich, close to CBD, and premium school zones.
Subiaco
WA
8.9/10
Directly adjacent with shared heritage and infrastructure.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents value the suburb for its safety, the 'village' atmosphere of Onslow Road, and the ability to walk to work in the medical precinct.
★★★★★
Family Life
The best place to raise kids in Perth; they can walk to the lake and the school is world-class.
Safety
Education
★★★★☆
Convenience
Walking to Charlie Gairdner Hospital saves me an hour of traffic every day, though parking for guests is a nightmare.
Commute
Parking
★★★★★
Montario Quarter
Moved from a big house in Nedlands to an apartment here. I love being able to walk to the new shops.
Lifestyle
Amenity
★★★★☆
Entry Price
It was expensive to get in, but the capital growth in just two years has been better than expected.
Investment
Affordability
★★★☆☆
Rental Market
Love the area but the competition for rentals is insane. I had to offer six months upfront.
Location
Rental Competition
★★★★★
Stability
I never have a day of vacancy here. The medical staff are the perfect tenants.
Yield
Reliability
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Verify the exact school catchment boundary; it can change and is a major value driver.
- Prioritize properties on the 'Lake side' of Onslow Road for maximum capital growth.
- Check for heritage listings on the City of Subiaco's Municipal Heritage Inventory.
- Look for homes with rear-lane access which is common and highly valuable for parking.
- Consider the impact of hospital-related traffic on your specific street.
- Attend multiple mid-week inspections to gauge local parking pressure.
❓ Questions to Ask the Agent
- Is this property in the Shenton College local intake area for the current year?
- Are there any specific heritage constraints on the internal layout of this home?
- Has the property ever had issues with hospital-related street parking?
- What are the strata fees for this complex and what do they cover?
- Are there any planned developments on the adjacent blocks?
- How many offers have been received prior to the first home open?
- Is the property currently tenanted, and if so, what is the lease expiry date?
🏷️ Seller Strategy
- Highlight 'Shenton College Catchment' as the primary marketing headline.
- Professional staging is essential to meet the expectations of high-net-worth buyers.
- Ensure all heritage-compliant maintenance is documented and visible.
- Target medical professionals through localized digital marketing campaigns.
- Spring is the peak selling season due to the lush gardens and parklands.
📣 Positioning Tips
Position the property as a 'generational home' or a 'strategic medical-precinct asset'. Emphasize the lifestyle walkability and the security of the investment.
💼 Investment Case
High-income, low-risk capital growth play.
⚠️ Investment Risks
Low rental yields compared to Perth's outer suburbs and high land tax.
📈 Action Plan
- Target 2-bedroom villas or townhouses for the best balance of yield and growth.
- Focus on properties within 500m of the train station.
- Ensure the property has at least one secure car bay.
- Maintain a high standard of finish to attract medical professional tenants.
🔑 Renter Tips
- Have your application ready before the first viewing.
- Highlight stable employment, especially if in the medical or academic fields.
- Consider apartments in the Montario Quarter for more modern amenities.
🏘️ What Renters Love Here
Unbeatable commute to the hospital and university.
⚠️ Renter Watch-Outs
Extremely competitive market; be prepared for rent bidding.
🏢 Landlord Strategy
- Offer long-term leases (24 months) to medical residents who value stability.
- Regularly update kitchens and bathrooms to maintain premium rent.
- Include gardening services in the rent to protect the property's street appeal.
📋 Compliance & Management
Strict adherence to WA's Residential Tenancies Act; ensure all safety RCDs and smoke alarms are certified annually.
🤝 Agent Insights
- Stock levels are at historic lows, leading to off-market transactions.
- Buyers are increasingly looking for 'turn-key' properties to avoid renovation costs.
🎯 Marketing Angles
The '15-minute city' lifestyle where work, school, and leisure are all walkable.
👤 Target Buyer Profile
Medical specialists, university executives, and families moving from interstate.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Confirm school catchment via the WA Department of Education website.
✓
Order a heritage search from the City of Subiaco or City of Nedlands.
✓
Conduct a structural and pest inspection, especially for older character homes.
✓
Check the Title for any restrictive covenants or easements.
✓
Review the local planning scheme for any upcoming changes to density.
✓
Verify the presence of any underground power levies.
✓
Assess the flight path noise levels during different wind conditions.
✓
Check for any planned roadworks around the QEII Medical Centre.
✓
Inspect the property during peak hospital shift-change times.
✓
Verify the functionality of any heritage fireplaces or chimneys.
✓
Check the condition of rear-lane access if applicable.
✓
Review the strata minutes for the last 3 years if buying a unit.
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
⚠️ Important Disclaimer
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 research and consult with professionals before making any property purchase.
