Applecross – The southern peninsula with a beautiful Perth City aspect

Friday, 18th May 2018

Famous for its Jacaranda lined streets and sweeping river and city views, the suburb of Applecross is one of Perth’s premium inner city suburbs lying on the river banks of the Swan River.

Applecross is located in the City of Melville, approximately 6 kilometres south of the Perth CBD and is the gateway to the Fremantle district.

It features a population of 6,887, making it a medium-sized Perth metropolitan suburb. The current median age is 43 years old, which is older than the Perth median of 36. The difference in median age is due to the higher amount of empty nesters in the area. Applecross is a destination suburb where the extravagant land values outprice a younger demographic.

With close proximity to the Perth CBD, recent ABS census data has stipulated that 35.6% of the population identify themselves as professionals and 20.0% as managers, which is well above the WA average at 20.5% and 12.0%, respectively.

Its neighbouring suburbs include Ardross and Mount Pleasant to the South, which are also largely family-based affluent areas. East of Applecross, across Canning Bridge, lies Como, another expensive family orientated property market. It is bordered by the Swan River to the North.

With high frequency bus transport down Canning Highway, and Canning Bridge Train Station servicing the eastern section of the suburb, public transport to and from Applecross is one of the main drawcards of the area. The Kwinana Freeway runs down the eastern periphery of the suburb allowing for easy access private transport to the Perth CBD as well as to the southern suburbs.

The median house price is $1,600,000 with the dwelling stock comprising of 63% housing, 25% semi-detached dwellings and 12% units, making the area a fairly mixed housing use area.

The high density housing is mainly focused around Canning Bridge, with future development to be prominent with the introduction of the Canning Bridge Precinct Structure Plan which aims at creating a satellite city at Canning Bridge as a gateway to the South. Low density housing of R12.5 – R20 is the predominant coding in the residential area with the lower coding predominantly in place along the river foreshore, where you can find large mansion-style dwellings.

The housing stock has no clear era as redevelopment of the existing housing stock has occurred continuously with 1940s homes being replaced by larger two storey dwellings. Some older 1960s apartments still exist scattered throughout the suburb while brand new apartments are being constructed nearby Canning Bridge.

The leafy family suburb has an abundance of amenity within the suburb and on the peripheries. Ardross Street Café Strip is always bustling with vibrancy, and the Canning Bridge Precinct is bringing more office, restaurants and bars to the area, including the historically significant Raffles Hotel. On the outskirts of the suburb is Garden City for retail needs, and further down Canning Highway is the large Fremantle Activity Centre.

Applecross’ proximity to the CBD and positioning on the Swan River are the two largest drawcards for the area, coupled with tree lined streets, good schooling and lively cafes and restaurants.  The suburb is one of the most expensive suburbs of Perth, with large plans to increase densification and vibrancy in the near future through the highly publicised Canning Bridge Precinct which has already seen the start of high rise development.