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Maddington suburb profile

Maddington is a suburb located approximately 20km southeast of Perth's CBD, known for its blend of residential, commercial, and industrial areas. It offers a diverse community atmosphere with a range of amenities, including shopping centers, schools, and parks. Maddington is well-connected by public transport, with a train station on the Armadale line and several bus routes. The suburb features a mix of housing options, from older homes to newer developments, catering to a variety of lifestyles. Its strategic location and growing infrastructure make Maddington an appealing choice for families and businesses alike.

Maddington property market performance

Current median dwelling price$509,500Past 3 months

Property growth+23.9%Past 12 months

Maddington's property market has experienced notable growth over the past 12 months, particularly in the house sector. House values have risen by 10.7%, with the current median house price at $649,000. Interestingly, while there have been no unit sales, the median unit value has surged by 37.1%, indicating potential future demand.

In terms of sales activity, 57 houses have been sold in the past 12 months, with houses spending a median of 39 days on the market. Although no units were sold, the median days on market for units is recorded at 35 days, suggesting a quicker turnover if units were available.

The rental market in Maddington has also seen significant changes, with house rents increasing by 11.9% and unit rents by 13.6% over the last year. The average rent for houses is $638, while units average $568, reflecting strong rental demand across both property types.

HousesUnits
Median price
Past 3 months
$649KN/A
Change in value
Past 12 months
10.7%37.1%
Sold
Past 3 months
57N/A
Median days on market
Past 12 months
3935
Average rent
Past 12 months
$638$568
Change in rent
Past 12 months
11.9%13.6%

5 year median price trend for houses and units

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Maddington demographics

Maddington, located in the southeastern suburbs of Perth, is a community that balances suburban living with accessibility to urban amenities. With a population of 12,419, Maddington offers a family-friendly environment, as evidenced by the 49.2% of couple families with children. The median age of 35 suggests a blend of young families and established residents, contributing to a vibrant community atmosphere.

The suburb's housing landscape is diverse, with a significant portion of properties owned with a mortgage (46.5%), indicating a strong presence of homeowners investing in the area. Additionally, 24.2% of properties are owned outright, reflecting a stable community with long-term residents. Renting is also a viable option, with 29.3% of properties available for rent, catering to those seeking flexibility or new to the area.

Maddington's median total household income of $1,364 per week aligns with its family-oriented demographic, supporting a comfortable suburban lifestyle. The suburb's proximity to shopping centers, schools, and parks makes it an attractive choice for families and individuals alike. With its blend of homeownership and rental opportunities, Maddington continues to appeal to a wide range of residents looking for a balanced lifestyle within reach of Perth's city center.

Maddington infrastructure, key developments and investment opportunities

Maddington is undergoing several developments that may impact its property market. The suburb is seeing a mix of new residential projects, with around 300-400 new houses being built in new estates, potentially increasing housing supply and attracting new residents. The Maddington Central shopping centre (formerly Centro Maddington) continues to be a key amenity, housing major retailers and services that enhance the area's livability.

Public transport remains a strong point for Maddington, with the local train station and multiple bus routes providing good connectivity to Perth CBD and surrounding areas. The suburb's proximity to major roads like Albany Highway, Roe Highway, and Tonkin Highway also enhances its accessibility. While specific large-scale infrastructure projects are not mentioned, the ongoing residential development and established amenities position Maddington as an affordable option for homebuyers, with potential for future growth.

Maddington rental market trends

The rental market in Maddington has experienced notable growth, with house rents increasing 11.9% over the past year to $638 per week, while unit rents have surged 13.6% to $568 per week. This upward trend reflects strong demand and makes Maddington an attractive option for both renters and investors seeking promising returns in a well-connected suburb.

Suburbs near Maddington

Some popular suburbs near Maddington include:

How does Maddington compare to nearby suburbs?

  • Median house prices: Maddington’s median house price is 1.2% higher than Gosnells’s.
  • Median unit prices: Maddington’s median unit price is 9.8% lower than Beckenham’s.
  • House price growth: Property prices in nearby Thornlie have risen 4.9% more than in Maddington over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Maddington have grown 21.5% higher than in Gosnells.
  • Selling speed for houses: Properties in nearby Thornlie are selling 23.1% faster than in Maddington.
  • Selling speed for units: Properties in Maddington are selling 16.7% faster than in Beckenham.
  • Investment considerations: In Maddington, the rental yield for house is 11.5% lower than the Perth average, while the rental yield for units is 2.6% lower.
  • House price growth: Over the past 12 months, house prices in Maddington have grown 32.9% lower than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Maddington have grown 3.7% lower than the average rate of growth for units across Perth.

Common questions about Maddington

  • Is Maddington a nice place to live?

    Maddington is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience. Its strategic location, approximately 20km southeast of Perth's CBD, makes it an appealing choice for those who value accessibility to city amenities while enjoying a more relaxed lifestyle. The suburb is known for its diverse community and welcoming atmosphere, making it a fantastic place for families to settle down. With a variety of housing options, from older homes to newer developments, Maddington caters to a wide range of lifestyles and preferences.

    Families will find Maddington particularly attractive due to its proximity to essential amenities such as shopping centers, schools, and parks. The presence of the Maddington Central shopping centre ensures that residents have easy access to major retailers and services, enhancing the suburb's livability. Additionally, the suburb's well-connected public transport system, including a train station on the Armadale line and several bus routes, provides convenient access to Perth's city center and surrounding areas.

    Safety in Maddington is generally not a major concern, contributing to its appeal as a family-friendly suburb. However, like any area, it's always wise to stay aware of your surroundings. While Maddington may not offer the nightlife and cultural vibrancy of inner-city suburbs, it compensates with a strong sense of community and a peaceful environment. The ongoing residential developments and established amenities position Maddington as an affordable option for homebuyers, with potential for future growth. The trade-off for living in this suburb might be the distance from the bustling city life, but for those seeking a balanced lifestyle with access to both urban and suburban benefits, Maddington is a delightful choice.

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  • Is it expensive to live in Maddington?

    Living in Maddington can be considered moderately expensive, especially when compared to the average wage in Western Australia. The median house price in Maddington is currently $601,500, while units are priced at a median of $423,000. This positions Maddington as a more affordable option compared to some of the pricier suburbs in the Perth metropolitan area, yet it still requires a significant financial commitment for homebuyers.

    For those looking to rent, the average rent for houses is $625 per week, and for units, it's $550 per week. When you compare these figures to the average weekly wage in Maddington, which is about $1,400, the cost of housing takes up a considerable portion of income. The median total household income weekly is $1,364, which is slightly below the average wage, suggesting that residents might feel the pinch when it comes to housing expenses.

    Overall, while Maddington offers a relatively affordable entry point into the property market compared to some other Perth suburbs, the cost of living, particularly in terms of housing, can still be a stretch for those on average incomes. If you are thinking of living in Maddington, it's important to carefully consider your budget to ensure it aligns with the housing costs in the area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Maddington a good place to invest?

    Maddington is showing promising signs as a potential investment hotspot, with impressive growth in property values and rental returns over the past year. The suburb has experienced a remarkable 39.5% increase in median house values and a 30.5% rise in unit values, indicating strong demand and a competitive market. This kind of growth suggests that Maddington is becoming increasingly attractive to both buyers and investors, likely due to its affordability compared to more central locations.

    In addition to property value growth, Maddington has seen significant increases in rental returns, with house rents climbing by 20.2% and unit rents by 31.0% over the last 12 months. This trend highlights the suburb's appeal to renters, which is a positive sign for investors seeking reliable rental income. The combination of rising property values and rental yields makes Maddington an intriguing option for those looking to invest in the real estate market.

    Overall, Maddington's recent performance in the property market suggests it could be a worthwhile investment opportunity. The suburb's strong growth in both property values and rental returns indicates a healthy demand, making it a potentially rewarding choice for investors aiming for capital appreciation and steady rental income.

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Choose the right real estate agents in Maddington

Currently, there are 107 real estate agents working in Maddington—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 107 agents sold 43.0% of all properties in Maddington over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Maddington typically charge a commission of 2.15% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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