Duncraig Suburb Profile

WA 6023
Northern Suburbs

Duncraig Suburb Report

Ideally located between the beach and the freeway, Duncraig offers a balanced lifestyle for established families. Duncraig is a typical Perth suburb populated by family homes, schools, parks and shopping centres.

The majority of the homes in Duncraig were built in the 70s and 80s, with amenities, educations and transport facilities being built over the last several decades. Duncraig is serviced by the Joondalup train line stopping at nearby Warwick and Greenwood stations, both within Duncraig. Duncraig is bordered by the Mitchell Freeway, Hepburn Ave, Beach Rd and Marmion Ave, providing direct access to Perth city, Joondalup and local beaches.

Duncraig is heavily populated by families due to the location and established schools in the area. Duncraig is in the catchment for four public primary schools and Duncraig Senior High School.

Most Duncraig properties are at least 3 bedroom, units and houses, with minimal decline in property prices in the last 5 years compared to the rest of the Perth property market.

There is a high demand rental market in the area with vacancy at a low 0.58%, but only 12% off properties in Duncraig are available to rent.

Key Suburb Statistics

For Duncraig WA 6023, November 2019

  • Average rent $475
  • Gross rental yield 3.98%
  • Rental vacancy rate 0.58%
  • Median house price $670,000

Duncraig Property Market

  • Capital growth in the median house price in Duncraig dropped by 2.5% over the last 12 months (reported to the period ending June 2019, data may change retrospectively).
  • Average annual growth rate is 2.0% (over 10 years).
  • There were 202 houses sales in Duncraig in 2019, down from 208 in 2018.
  • The median house price in Duncraig as of November 2019 is $670,000.
  • Total Duncraig population: 15,268 (Census 2016, ABS).

*As supplied by reiwa.com.au and CoreLogic as at 11 November 2019.

Rental Statistics

  • Average rent: $475.
  • Gross rental yield: 3.98%.
  • Average three bedroom rent: $400.
  • Average four bedroom rent: $500.
  • Rental vacancy rate: 0.58%.

*As supplied by realestate.com.au and realestateinvestor.com.au as at 11 November 2019

Sales Statistics

  • Median house price: $670,000.
  • Median three bedroom house price: $586,500.
  • Median four bedroom house price: $720,000

*As supplied by realestate.com.au as at 11 November 2019.

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Nearby Attractions and Amenities

What’s in the pipeline?

While Duncraig is a well-established suburb, there continue to be small 2-3 storey apartment buildings being developed to cater to over-55s that wish to continue to live in the suburb.

These apartments appeal to Duncraig residents looking to downsize their existing Duncraig property to a more economically home, whilst staying in Duncraig.

Transport

Duncraig is in the northern suburbs of Perth and is served by the Mitchell Freeway and Marmion Ave.

Education

 

Demographics

*As supplied by realestate.com.au and domain.com.au as at 11 November 2019.

 

About Benchmark

At Benchmark, we have been providing specialist property management services for properties north of the river for over 12 years. Located in Joondalup, our specialist team concentrate 100% on property management, ensuring our time is solely dedicated to taking care of you and your portfolio of properties.

If you’re looking for a dedicated property manager that can help you navigate the market with peace of mind and without the stress, go here to see why our clients benchmark us as one of the leading Duncraig property management companies in Perth.