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Doubleview Property Management & Rental Investment Analysis
Doubleview Property Management & Rental Investment Analysis Overview
Doubleview is an elevated suburb nestled between Karrinyup and Scarborough, approximately 12 km northwest of Perth’s CBD. Its name reflects its unique vantage point, offering views of the Indian Ocean to the west and Perth’s city skyline to the southeast. The suburb’s population is approximately 9,592, according to the 2021 Census. Doubleview boasts a suburban, family-friendly atmosphere with mid-century homes on generous lots. Key amenities include scenic lookout parks, such as Doubleview Heights Park, which offers stunning ocean vistas, and convenient shopping options at Westfield Innaloo and Woodlands Village, both just south of the suburb. Public transport access is reasonable, with bus routes connecting to Stirling or Glendalough train stations. For expert management of properties in this area, explore why Xceed is Perth’s top choice for property management.
Lifestyle & Amenities
Doubleview delivers a serene residential lifestyle, enriched by community parks and green reserves. Bordered by Scarborough Road, it provides easy access to Scarborough Beach’s vibrant cafes and coastal paths. The suburb features local shopping strips along Innaloo Road and is a short drive from IKEA Innaloo and big-box retail at Westfield Innaloo. Schools are accessible in nearby suburbs like Woodlands. Demographically, Doubleview attracts young couples and families, with YIP Magazine noting the predominant age group of 30–39 and a high proportion of couples with children. Though slightly more inland than Scarborough, Doubleview blends peaceful suburban living with coastal proximity, making it ideal for tenants seeking a balanced lifestyle. Tenants can learn more about renting in Doubleview through Xceed’s tenant resources.
Rental Market & Yields
Doubleview’s rental market remains competitive. According to the REIWA suburb profile, the median weekly rent for houses is $810, slightly higher than neighbouring Innaloo. With a median sale price of ~$1.21M, this equates to a gross rental yield of approximately 4%, corroborated by CoreLogic data. Rents have been rising due to Perth’s tight rental market, though REIWA noted a slight negative “rental growth” of -2.4%, possibly due to temporary anomalies. Demand remains robust, as tenants favour larger homes in leafy, near-beach suburbs like Doubleview. The suburb’s vacancy rate aligns with Perth’s low ~2% trend, bolstered by limited high-rise development. Investors can request a free rental appraisal to explore Doubleview’s potential.
Property Portfolio Update
Doubleview has experienced exceptional capital growth. The REIWA median sales price stands at ~$1.21M, with YIP Magazine reporting house price appreciation of approximately +27% over the past year, driven by buyer competition for well-located family homes. Houses typically sell in a median of 10 days, reflecting strong demand. Units, though less common, saw similar growth at ~26%. If you owned property in Doubleview in 2024, you likely enjoyed significant equity gains. Rental yields remain attractive, with YIP citing ~3.8% for houses. Rising rents have also improved cash flow for investors.
Market Outlook
Doubleview’s coastal lifestyle and elevated topography ensure sustained demand. Future growth hinges on Perth’s broader market dynamics. Potential interest rate cuts may encourage more buyers, though the frenetic activity of 2024 is moderating, per REIWA’s 2025 forecast. We anticipate moderate price growth in Doubleview, not matching 2024’s 27% surge but maintaining a positive trajectory. On the rental front, Perth’s vacancy rate is slightly rising to 2.5%, which may temper rent increases. However, Doubleview’s limited rental stock should maintain demand. The suburb benefits from established infrastructure like Stirling Highway, with no major new transport projects planned. Overall, we project steady capital growth and robust rental demand in Doubleview through 2025.