The Best Suburbs in Perth for Renovation Investments (2025 Update)

If you’re thinking about renovating a property in Perth in 2025 — either to live in or as an investment project — choosing the right suburb can make all the difference for long-term value and rental demand. With market shifts, infrastructure upgrades, and changing buyer trends, some areas now stand out more than others for renovation potential.

Here’s our updated guide to the top Perth suburbs where renovation investments are likely to pay off in 2025:

1. Baldivis – Growth & Lifestyle Appeal

Baldivis has been emerging as a strong performer thanks to its affordability, family-friendly environment, and increasing demand from renters and homeowners alike. With strong population growth and rising rental yields, it’s a great option for renovating older homes or renovating to sell/rent.

Why investors like it:

Lower entry prices compared to inner Perth
High rental demand from families
Good amenities and schools

2. Scarborough – Coastal Living with Demand

Popular for its beachside lifestyle, Scarborough continues to attract buyers and tenants. Renovated properties with modern layouts and quality finishes often outperform standard listings here.

Investment tip: Focus on contemporary interior upgrades and outdoor living spaces to appeal to lifestyle seekers.

3. Como – Near the City & University Demand

Como remains a strong choice for renovation investors due to its proximity to the CBD, Curtin University, and the Swan River. Well-renovated villas and townhouses are especially attractive to students and young professionals.

Key renovation wins: Kitchen and bathroom upgrades typically drive the most value here.

4. Perth CBD & Inner Suburbs – High Demand for Renovated Units

The Perth CBD and nearby areas like Leederville and Maylands have shown solid performance — particularly for well-designed apartment renovations. These suburbs often see strong rental interest and quick sales when properties are updated to modern standards.

Perfect for: Unit renovations targeting professionals and city renters.

5. Nollamara & Bayswater – Affordable & Up-and-Coming

Nollamara and Bayswater are showing strong growth metrics with relatively affordable prices. These suburbs have been highlighted as areas where renovated homes and units are increasingly attractive to buyers and renters alike.

Why renovate here: Buyers see value in updated homes near transport links and local amenities.

6. Emerging Hotspots Worth Watching

Here are a few areas gaining attention from property analysts as strong renovation investment contenders over the next few years:

Willagee – Affordable with solid growth prospects.
Alkimos, Eglinton & Yanchep – Coastal fringe suburbs with future growth potential.
Armadale & Secret Harbour – Affordable options with rental demand emerging.

These suburbs may not yet be mainstream investment picks, but they’re worth exploring for value-add projects.

📍 How to Choose the Best Suburb for Your Renovation Investment

When selecting a suburb for your renovation project, consider:

✅ Rental demand and vacancy rates — tighter rental markets mean better returns.
✅ Growth trends — look for suburbs with rising median prices and quick time on market.
✅ Lifestyle & amenities — beach access, transport links, and schools drive buyer/renter interest.
✅ Your renovation scope — cosmetic upgrades vs structural changes can impact ROI differently depending on location.

Bottom Line

Perth’s property market in 2025 continues to evolve, and renovation investments can deliver strong results if you choose the right suburb and renovation strategy. Areas like Baldivis, Scarborough, Como, Nollamara, and parts of the Perth inner ring are offering excellent potential — especially for buyers and investors focused on modern, quality renovations.