Osborne Park Real Estate & Property Market

Osborne Park Suburb Overview & Property Market

Osborne Park is a 5 km² inner-northern Perth suburb in the City of Stirling, about 8 km from the CBD. A post–World War II mixed-use district, it now combines residential streets with a major industrial/commercial precinct. The residential areas feature mostly mid-century brick-and-tile homes (many on quarter-acre lots) alongside newer infill developments (townhouses, villas and low-rise units). The population is diverse (≈4,100 people), and Osborne Park attracts locals from a range of backgrounds. Major corridors (Scarborough Beach Rd, Main St, Hutton St) are lined with shops and services, and the suburb has strong transport links – Glendalough train station (Joondalup line) and frequent buses connect to the CBD, while the Mitchell Freeway is a short drive to the east Innaloo’s Westfield shopping centre (Innaloo City Centre) lies immediately south of Osborne Park, providing major retail and entertainment amenities.

Osborne Park’s Main Street precinct (pictured above) is a vibrant local hub, lined with multicultural cafés, restaurants and specialty shops. This hub reflects the suburb’s cultural mix and draws shoppers and diners from across Perth. Several parks and recreational spaces are also close by – for example, small neighborhood reserves, the Osborne Park Primary School grounds, and the large 400-hectare Herdsman Lake Regional Park just to the north. Overall, Osborne Park offers a convenient semi-urban lifestyle: residents enjoy city proximity and local amenities (shopping, cafes, gyms, sporting clubs) right at their doorstep. The City of Stirling is even upgrading the Main Street car-park (corner of Main & Hutton) with new landscaping, shelter and community space starting in mid-2025.

Osborne Park Property Market (2025)

Median sale price (houses): ~$742,500 (12 months to Mar 2025). Year-on-year growth: ≈+16.4%.
Average yield (houses): ~4.6% .
Median sale price (units): ~$457,500 (12 months to Mar 2025).
Year-on-year growth: ≈+40.8%.
Average yield (units): ~6.5%.
Rental prices: ~ $600 per week median (houses); ~$495 pw (units) . (Median weekly rents have been flat to slightly down in recent years.)
Time on market: ~22 days for houses, ~18 days for units (as of Apr 2025)– quite rapid by Perth standards.
Listings supply: Very tight. For example, in early 2025 there were only ~42 Osborne Park properties for sale and 24 for rent. This low inventory means well-priced homes attract strong demand.

These figures come from official data (Landgate/REIWA and CoreLogic via realestate.com.au) and indicate a hot market. In particular, unit/apartment values have surged (high growth from a lower base) while houses have seen solid appreciation.

Osborne Park Real Estate Suburb Review

Osborne Park’s popularity is driven by its location, amenity mix and affordability (relative to inner-city suburbs). Key growth factors include:

Affordability & Location: Osborne Park offers an “affordable entry point” into the market for the area. It lies only 8–10 km from the city, with major roads (Scarborough Beach Rd, Hutton St, Wanneroo Rd) enabling quick commutes to Perth CBD, the coast (Scarborough/Trigg) and other employment centres This attracts first-home buyers and downsizers looking for convenience (as one Xceed listing notes, Osborne Park is “tailor-made for first-home buyers, downsizers or investors”).
Modern infill development: Many original post-war houses (1950s–70s) have been replaced or supplemented by newer medium-density projects. Recent years have seen “numerous unit developments” and townhouse complexes built in modern styles. These fresh villas, apartments and 2–3 bedroom townhouses appeal to young professionals and small families. Infill new builds have helped lift demand and prices.
Lifestyle & amenities: The suburb’s recreational and commercial assets are a big draw. Large Herdsman Lake and local parklands offer active/passive leisure, while Osborne Park’s Main Street and nearby Innaloo and Tuart Hill precincts provide shops, cafes, restaurants and supermarkets. Osborne Park also has several gyms and sport centers. Good schools (e.g. Osborne Park Primary School on Main Street) and childcare centres support local families.
Employment node: Osborne Park contains one of Perth’s major industrial/commercial areas. Countless office/showroom complexes and warehouses (e.g. Herdsman Business Park, Newspaper House) provide local jobs. This employment hub drives demand from workers seeking to live nearby.

These factors combine to produce diverse buyer profiles:

First-home buyers & Downsizers: Attracted by affordable homes and good lifestyles. The “quiet, easy-care” villas and townhouses (often < $800K) are popular among young couples and retirees. Xceed Real Estate explicitly markets Osborne Park as ideal for first-home buyers and downsizers.
Investors: Strong rental yields (≈4.6–6.5%)and steady demand (short vacancy times) make Osborne Park appealing for investors. The rapid price growth in units (≈+40% last year) also encourages buy-and-hold investment.
Developers/Builders: Many larger lots are being subdivided for duplexes or units, reflecting developers’ interest. The suburb’s Residential zoning allows multiple dwellings, and demand for inner-north housing keeps this trend steady.

Osborne Park Market Activity

Osborne Park’s market has been very active. Well-priced properties often sell quickly. As of March 2025, houses took a median 22 days on market, units only 18 days. With very few homes listed (just ~42 for sale, buyers often compete. In recent months:

Households: Demand has been especially strong for renovated 3–4 bedroom homes or corner blocks. Well-presented properties can attract multiple offers.
Apartments/Villas: The rising unit prices (+40% annual) show brisk investor/owner-occupier interest, despite slightly longer sales times (often 3–6 weeks).
Price shifts: The discrepancy in growth (+16% for houses vs. +41% for units) reflects a surge in unit demand – partly due to low base prices and lots of new apartment stock. Houses have also appreciated, but from a higher base.

Overall, competition is high. Properties listed even slightly below market median tend to attract quick sales. Agents note that interest from first-home buyers, downsizers and investors has “never been stronger” here.

Osborne Park Infrastructure and Developments

Several recent and upcoming projects will further boost Osborne Park’s appeal:

Scarborough Beach Road Upgrade: Main Roads WA is building a new dual-lane roundabout at Scarborough Beach Rd & Green St (on Osborne Park’s southern edge) to improve safety and flow. This State-funded project (completion ~April 2025) includes new shared paths and better access to Glendalough station Further Scarborough Road works (widening, signals) are planned in coming years.
Main/Hutton/Royal Intersection Upgrade: The City and State jointly approved a ~$6 million overhaul of the central Osborne Park intersection (Main St, Hutton St, Royal St). Works start in early 2025 for ~8 months, adding raised pedestrian crossings, dedicated turn lanes and new traffic signals. This will slow traffic and make Osborne Park’s Main Street center safer and more pedestrian-friendly.
Streetscape & Parking Upgrades: The City of Stirling is refreshing Osborne Park’s Main Street precinct.

A planned upgrade to the Main/Hutton streets carpark (starting May 2025) will add landscaping, sheltered seating and bike racks to create a small community hub. New street trees and footpath works are also being rolled out in the suburb.

Other Projects: Osborne Park is bordered by transit upgrades: the Joondalup train line (Glendalough Station) and improved bus services. Utilities (Western Power, WaterCorp) are progressively undergrounding infrastructure here, improving street amenity.These projects will enhance property values by making Osborne Park more accessible, attractive and liveable for residents.

These projects will enhance property values by making Osborne Park more accessible, attractive and liveable for residents.

Why Choose Xceed Real Estate in Osborne Park

Xceed Real Estate’s Osborne Park office (3 Hasler Rd) is right in the heart of this suburb, giving our agents unmatched local expertise. We understand Osborne Park’s market nuances – from which streets are most sought-after to how to price homes amid the latest growth trends. Our sales consultants are trained to follow a proven process: thorough market analysis, targeted marketing and strategic negotiation. For example, we carefully price homes to “make buyers compete,” then launch multi-channel campaigns so that “if the right people are not seeing your home, its value cannot be maximised.”

Xceed’s marketing strategy ensures broad exposure. We leverage premium online portals, local networks and our buyer database to reach the right audience. As we say: “No stone will be left unturned in the pursuit of the best buyer for your home.” We also study buyer behaviour and feedback closely; our agents know how to position your listing and negotiate effectively so each sale closes at the best possible price. Throughout the campaign we provide personal, prompt service – keeping you informed and adjusting tactics as needed.

Finally, Xceed is proud of our results in Osborne Park. Many satisfied clients have sold here through our team (see our sold listings and client reviews). With our combination of local insight, data-driven pricing and aggressive marketing, we confidently help vendors achieve top-dollar results.

Free Appraisal Offer: If you’re considering selling in Osborne Park, contact us for a no-obligation sales appraisal.

Our experts will assess your property value and explain our strategy. Request a free appraisal here or call our Osborne Park office. Let Xceed’s Osborne Park team put our skills to work in selling your home for the best price.