Investing in The Grove Residences

Whilst a large majority of buyers will be local owner occupiers, we also expect the grove to provide a strong investment opportunity with high capital growth potential and rental yields.

Suburb Profile

Nestled between the river and the sea

At the heart of the Western Suburbs, The Grove Residences intertwines the fabrics of Claremont, Peppermint Grove and Cottesloe, located at the point where each town boundary touches. Positioned near the banks of the Swan River and surrounded by lush landscaped parklands, The Grove is a place where natural serenity stands side by side with the energy of the city.

Set on one of the area’s characteristically peaceful leafy green streets and just a short stroll from dozens of cafés, bars, restaurants and boutiques, The Grove is minutes from the town centres of all three Western Suburbs gems so you can experience the best of what each has to offer.

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Population Growth

Access to major employment centres, high ranked schools, the University of Western Australia and shopping and dining options combined with waterfront and parkside living has supported 15% population growth over the past decade.

This blue-chip suburb is expected to experience the fastest growth in Perth’s western suburbs over the next decade and will be supported by a number of significant infrastructure projects, including mixed use precincts, recreation centre upgrades and new transport infrastructure.

Capital Growth

With strong capital growth over the last decade, Claremont’s residential market has outperformed the broader Perth market quite considerably.

There has also been a strong trend towards apartment dwellings in the western suburbs during this time, signalling a high level of demand. With its central location and reputation as a desirable Western Suburbs address, Claremont remains a suburb of choice.

Rental Demand

Claremont has long been a sought-after area for renters and enjoys an above average rental yield and high demand for rental properties.

With an impressive list of world-class facilities, including a wellness retreat, hot and cold hydrotherapy baths, private residents’ dining room and Cocktail Lounge, along with a central location, rental demand for The Grove Residences is sure to be high. And with a range of luxury services available, such as apartment cleaning, general maintenance, grocery shopping and local errands, The Grove is sure to appeal to a huge range of lifestyles.

The Opportunity

The Grove offers a truly outstanding investment opportunity. With its central location, resort-style facilities and strong renter appeal, it is the ideal purchase to take advantage of strong capital growth potential in the future.

Apartments are available to purchase off the plan, giving you the opportunity to secure your new home at today’s prices, and not have to settle for a few years. Your deposit will be held in a secure trust until settlement, and your property consultant will always be on standby to assist you with anything you need.

Your personalised one-on-one investment consultation

Whether you’re just starting out and finding your feet, experienced and spinning your wheels, or you’re not sure if your current property investment strategy is right for you, you should take advantage of some one-on-one time.

The Blackburne name has been synonymous with property in Perth for many years. Having been through numerous property cycles we have learnt invaluable things along the way.

Let us know if you would like to book a one on one investment consultation.

Register Interest

The stunning $1m display suite is located on the border of Peppermint Grove and Cottesloe at 1 Airlie Street, Claremont.
Construction commenced, completion early 2024. Enquire below to learn more
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