New research says Secret Harbour one of best suburbs to buy a family home

New research commissioned by home loan provider Well Home Loans has identified a Rockingham suburb as one of Western Australia’s top suburbs for the family housing market.

Secret Harbour made it to third place in the list of standout suburbs, with a median sale price of $470,000.

Ninety per cent of the Secret Harbour population is made up of family households and the suburb boasts a Socio-Economic Indexes for Areas education score of six, meaning it’s in the top half of the country for educational and occupational status.

Well Home Loans chief executive Scott Spencer said the family suburb ranking provides valuable information for families looking to purchase their next home.

“Families want to live in suburbs that have lots of other families to socialise with, a high share of owner-occupiers to provide stability and good schools to educate their children,” Mr Spencer said.

“They also want to buy into suburbs that are likely to enjoy reasonable capital growth over the long-term, even if it’s not necessarily market-beating growth.”

The Bunbury suburb of Gelorup took out the top spot and the Mandurah suburb of Madora Bay came in at 13th.