Subiaco has been Perth’s biggest cultural and entertainment precinct boasting popular restaurants and some of Perth’s most desirable retail outlets.
While the closing of the much-loved football stadium and Pavilion markets contributed to a slow down, Subiaco is now a favourite liveable Perth suburb.
In 2019, it’s obvious that very promising things are happening in Subiaco with this iconic suburb rapidly reclaiming its popularity and place as the jewel in Perth’s suburban crown.
Bob Hawke College
Located in the heart of Subiaco at the former Kitchener Park, is Perth’s newest inner-city high school, Bob Hawke College. Named after the late former Labor Prime Minister and national icon, Bob Hawke College will open its doors to 250 Year 7 students in 2020, with all years becoming fully operational by 2025.
With a capacity of 2000 students, Subiaco’s newest education institution has generated quite the buzz in Western Australia and has been described as “world class” by Education and Training Minister, Sue Ellery.
Not only will the school bring a sense of youthful revival for Subiaco it is also helping breathe new life into the property market. People are striving to move into the schools’ catchment area to ensure their children have access to the amenities, in the state’s newest secondary school.
Vibrant Hospitality Industry
Subiaco plays host to some of Perth’s newest and best cafés, bars and restaurants. Tucked off Rokeby Road you can find arguable Perth’s best pasta at Lulu La Delizia. Other shining beacons in the area include the Mediterranean inspired, Lady of Ro and Miss Chow’s sister restaurant, Rice Baby. Replacing the Witch’s Cauldron is Dilly Dally offering accessible Italian and a extensive wine list.
If you’re looking for a watering hole the rejuvenated Subiaco Hotel is hard to go past whilst Fenway just around the corner is presenting a fresh take on the Boston-Irish themed pub.
Meanwhile coffeeshops such as Architects and Heroes, Blacklist Coffee Roasters and Community Coffee Co are the lifelines fuelling the suburb’s wide array of professional businesses.
Theatre goers are stunned by the wonderful shows at the Regal theatre and the new cinema complex is due to open.
Developments and Redevelopments
Subiaco is also receiving a lot of attention with a range of property developments popping up all over the suburb. The imminent transformation of the old Pavilion markets into a mixed-use landmark is generating a lot of the buzz. The precinct will play host to new retail opportunities and exciting new bars and eateries all of which are stimulating new interest in the market,
There is also the Subiaco East Redevelopment Project which includes the redevelopment of a 34-hectare area including Subiaco Oval, Kitchener Park, Mueller Park, the former Princess Margaret Hospital site and the West Leederville train station.
Led by DevelopmentWA in partnership with The City of Subiaco the project seeks to maximise the area of green open space for the local community, increase heritage appreciation and regenerate the entire Subi East region. Following its completion locals will benefit greatly from a multi-use recreation facility and cultural space that will showcase the real character of Subiaco.
In 2019 it is clear Subiaco is reemerging as one of the state’s most desirable and liveable suburbs. With all the exciting new additions coming to Subiaco, located just 3kms from the Perth CBD, it is easy to see why Forecast has tipped a 24% growth in population for the area by 2036.
“Subiaco has always been a great place to work, live and visit” says Premier Mark McGowan “the addition of Subi East and Bob Hawke College will build on this success to ensure generations enjoy it for years to come”.
To secure your piece of the “Subiaco lifestyle” and be part of the Subiaco’s vibrant growth contact the project management team at Halycon today.
With apartments starting at $330,000 and REIWA reporting a median price growth of 5.2% in the past 12 months this is truly a once in a generation opportunity.