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MARKET UPDATE

JUNE 2006

REIWA QUARTERLY MARKET UPDATE
MEDIAN PRICE OF ESTABLISHED HOUSE SALES
IN PERTH SUBURBS
 
SUBURB
House Sales - Year to Jun 2006
Median Sales Price year to Jun 2006
Average Annual % Change
1
year
5 years
15 years
Alexander Heights
233
$320,000
27.5%
15.8%
14.8%
Alfred Cove
59
$505,000
16.1%
14.2%
11.4%
Applecross
164
$923,500
7.9%
15.2%
10.8%
Ardross
104
$575,000
12.7%
14.3%
10.2%
Armadale
488
$220,000
41.9%
20.9%
8.4%
Ascot
56
$567,500
20.5%
17.8%
12.8%
Ashby
52
$372,500
29.8%
Ashfield
37
$310,000
21.6%
16.9%
10.5%
Attadale
153
$780,000
22.2%
13.8%
11.4%
Atwell
186
$370,500
26.6%
16.1%
Aubin Grove
7
$501,000
Balcatta
205
$350,000
25.0%
15.5%
9.6%
Baldivis
210
$399,000
19.1%
10.1%
8.5%
Balga
332
$274,450
34.5%
20.6%
10.4%
Ballajura
515
$308,000
28.3%
16.4%
9.2%
Banjup
17
$735,000
15.7%
Banksia Grove
83
$250,000
25.0%
16.7%
Bassendean
251
$330,000
26.9%
16.9%
9.9%
Bateman
56
$404,500
13.6%
13.0%
8.4%
Bayswater
348
$364,500
22.3%
16.8%
10.5%
Beaconsfield
100
$455,000
11.8%
16.2%
11.7%
Beckenham
223
$273,000
35.8%
20.0%
9.5%
Bedford
115
$400,000
20.4%
14.8%
10.3%
Bedfordale
34
$513,975
26.9%
15.1%
8.6%
Beechboro
374
$283,000
25.8%
17.8%
10.0%
Beechina
4
$415,000
29.7%
20.5%
13.2%
Beeliar
131
$365,000
28.1%
16.1%
7.4%
Beldon
142
$308,750
25.4%
18.0%
8.9%
Bellevue
51
$255,000
51.3%
21.3%
9.6%
Belmont
167
$301,000
21.4%
15.7%
9.5%
Bentley
187
$320,000
25.0%
16.4%
10.2%
Bertram
92
$329,500
36.9%
24.8%
Bibra Lake
161
$375,000
31.6%
17.1%
8.9%
Bickley
18
$446,000
25.6%
12.3%
8.0%
Bicton
124
$552,500
20.8%
15.0%
11.0%
Booragoon
102
$527,500
22.7%
13.8%
7.9%
Boya
22
$356,250
15.9%
18.1%
7.4%
Brentwood
35
$410,000
24.2%
13.3%
10.2%
Brigadoon
8
$582,500
1.3%
7.1%
11.1%
Brookdale
98
$218,000
30.0%
21.5%
15.7%
Bull Creek
145
$450,000
31.9%
17.4%
8.6%
Bullsbrook
68
$192,500
16.7%
12.9%
8.6%
Burns Beach
9
$535,000
17.9%
Burswood
40
$732,500
91.4%
25.0%
13.1%
Butler
248
$350,000
25.0%
Byford
98
$395,000
38.6%
19.1%
10.8%
Calista
65
$225,000
52.0%
25.2%
10.0%
Canning Vale
664
$420,000
25.4%
13.8%
14.4%
Cannington
129
$273,000
24.1%
13.5%
8.7%
Cardup
13
$640,000
68.0%
Carine
112
$502,500
22.6%
15.5%
8.8%
Carlisle
217
$335,000
32.1%
14.9%
10.1%
Carmel
8
$495,750
37.7%
19.3%
10.6%
Carramar
213
$370,000
19.4%
15.0%
4.6%
Casuarina
17
$630,000
41.6%
20.7%
11.4%
Caversham
65
$298,000
20.2%
14.5%
13.9%
Champion Lakes
4
$335,000
-39.9%
0.9%
4.6%
Chidlow
48
$343,750
11.8%
21.1%
10.5%
Churchlands
32
$835,000
22.8%
12.3%
6.6%
City Beach
123
$1,325,000
40.2%
16.1%
11.1%
Claremont
115
$920,000
19.5%
16.2%
11.7%
Clarkson
329
$279,000
29.3%
19.4%
15.3%
Cloverdale
245
$300,000
30.4%
17.8%
9.7%
Como
164
$575,500
27.0%
16.3%
10.1%
Connolly
109
$470,000
16.9%
13.9%
14.3%
Coogee
50
$623,750
9.4%
18.9%
15.7%
Coolbellup
125
$283,000
28.6%
17.8%
10.3%
Coolbinia
34
$735,000
21.5%
12.7%
11.4%
Cooloongup
286
$265,000
41.7%
22.8%
9.2%
Cottesloe
129
$1,200,000
20.0%
13.8%
11.8%
Craigie
224
$285,000
24.5%
19.1%
8.6%
Crawley
1
$520,000
-19.8%
17.0%
7.0%
Currambine
250
$395,500
17.2%
15.8%
13.5%
Daglish
18
$616,500
1.1%
12.0%
9.8%
Dalkeith
91
$1,900,000
43.1%
20.1%
11.1%
Darch
104
$438,500
23.5%
-6.4%
Darling Downs
16
$630,000
25.4%
Darlington
98
$413,500
19.9%
15.6%
8.0%
Dianella
522
$413,000
30.6%
17.1%
10.1%
Doubleview
237
$465,000
14.8%
15.1%
10.2%
Duncraig
333
$432,500
20.1%
15.0%
8.8%
East Cannington
119
$318,000
25.7%
21.1%
9.7%
East Fremantle
124
$705,000
17.5%
14.4%
12.2%
East Perth
40
$782,500
14.2%
10.3%
10.6%
East Victoria Park
222
$380,000
26.7%
16.1%
10.1%
Eden Hill
74
$290,000
38.1%
17.6%
8.7%
Edgewater
142
$358,500
27.8%
16.1%
8.4%
Ellenbrook
524
$330,000
33.1%
16.3%
Embleton
88
$340,000
27.8%
19.4%
10.7%
Ferndale
127
$305,000
31.7%
18.1%
8.3%
Floreat
141
$790,000
26.4%
14.9%
10.2%
Forrestdale
36
$353,000
47.1%
23.4%
10.6%
Forrestfield
359
$281,000
36.1%
18.4%
8.1%
Fremantle
134
$530,000
16.1%
14.0%
10.4%
Girrawheen
276
$231,000
29.2%
20.1%
8.9%
Glen Forrest
71
$402,000
30.7%
16.7%
9.0%
Glendalough
35
$385,000
3.3%
15.2%
9.4%
Gnangara
18
$706,250
-5.8%
12.6%
15.1%
Golden Bay
69
$350,000
36.1%
21.7%
10.7%
Gooseberry Hill
79
$442,000
10.5%
14.8%
8.4%
Gosnells
673
$238,000
33.0%
20.2%
8.0%
Greenmount
59
$350,000
40.0%
20.1%
9.9%
Greenwood
252
$335,000
22.5%
16.6%
8.5%
Guildford
43
$368,000
13.2%
14.5%
10.0%
Gwelup
72
$572,500
33.6%
16.2%
11.3%
Hamersley
105
$360,000
33.3%
17.7%
8.8%
Hamilton Hill
220
$350,000
27.3%
18.5%
10.3%
Hammond Park
32
$412,500
23.1%
Hazelmere
25
$375,000
22.0%
18.2%
10.3%
Heathridge
243
$290,000
22.2%
18.1%
8.5%
Helena Valley
56
$404,000
14.0%
13.4%
9.9%
Henley Brook
83
$352,500
24.1%
-1.6%
4.8%
Herne Hill
21
$450,000
43.5%
17.5%
10.8%
High Wycombe
359
$307,500
33.7%
19.7%
8.8%
Highgate
26
$540,000
45.0%
15.7%
10.0%
Hillarys
255
$610,000
27.1%
17.0%
13.3%
Hillman
57
$240,000
39.1%
22.8%
7.9%
Hilton
79
$349,000
18.3%
16.2%
10.6%
Hocking
118
$363,000
23.7%
18.3%
9.7%
Hovea
16
$615,000
54.7%
22.4%
9.6%
Huntingdale
267
$279,000
27.4%
17.4%
8.5%
Iluka
149
$630,000
22.7%
15.2%
Inglewood
91
$525,000
20.3%
15.1%
11.0%
Innaloo
200
$390,000
18.2%
13.7%
10.1%
Jandabup
7
$770,000
7.5%
16.6%
7.9%
Jandakot
82
$458,500
25.6%
13.3%
10.8%
Jane Brook
90
$380,000
26.7%
15.9%
Jarrahdale
25
$260,000
9.6%
21.8%
10.5%
Jindalee
7
$650,000
5.3%
Jolimont
11
$800,000
29.3%
19.9%
13.1%
Joondalup
220
$380,000
26.7%
17.4%
15.3%
Joondanna
74
$395,000
26.1%
14.2%
9.2%
Kalamunda
176
$417,500
29.5%
16.1%
8.7%
Kallaroo
120
$427,500
5.6%
15.4%
9.9%
Karawara
33
$525,000
18.0%
25.1%
13.4%
Kardinya
155
$440,500
32.7%
16.1%
10.8%
Karnup
13
$640,000
0.0%
17.4%
13.7%
Karrinyup
191
$550,000
25.6%
17.1%
11.0%
Kelmscott
367
$258,000
39.5%
20.0%
8.1%
Kensington
76
$532,000
20.2%
14.7%
10.6%
Kenwick
204
$240,000
36.0%
17.9%
8.5%
Kewdale
146
$305,000
22.0%
14.1%
9.0%
Kiara
39
$319,000
26.6%
17.1%
15.4%
Kingsley
286
$367,500
21.5%
15.3%
7.9%
Kinross
230
$355,000
21.4%
16.1%
15.0%
Koondoola
131
$235,000
30.6%
20.6%
8.9%
Koongamia
41
$205,000
21.7%
20.3%
9.0%
Landsdale
169
$425,000
30.4%
13.9%
1.4%
Langford
176
$240,000
33.3%
25.2%
8.9%
Lathlain
65
$404,000
14.6%
12.4%
9.8%
Leda
121
$246,000
39.0%
22.3%
16.6%
Leederville
61
$525,000
14.0%
14.1%
10.7%
Leeming
217
$430,000
20.6%
13.4%
8.2%
Lesmurdie
182
$396,500
24.1%
17.9%
8.3%
Lockridge
101
$233,000
29.4%
20.2%
9.2%
Lynwood
107
$255,000
24.4%
17.7%
7.8%
Maddington
335
$235,000
34.3%
21.2%
8.2%
Madeley
64
$420,000
15.1%
13.8%
Mahogany Creek
26
$390,000
27.7%
18.9%
11.6%
Maida Vale
106
$330,000
15.8%
14.2%
7.6%
Manning
105
$454,000
24.4%
13.5%
9.7%
Marangaroo
241
$300,000
29.9%
17.2%
9.8%
Mariginiup
10
$620,000
8.8%
14.1%
12.2%
Marmion
40
$641,500
22.0%
15.3%
9.8%
Martin
24
$402,500
26.2%
13.1%
8.7%
Maylands
201
$449,000
20.9%
18.2%
11.3%
Medina
131
$188,000
38.0%
25.7%
9.5%
Melville
129
$485,000
16.9%
14.5%
10.1%
Menora
41
$740,000
31.1%
18.3%
10.6%
Merriwa
253
$260,000
26.8%
18.8%
13.5%
Middle Swan
80
$246,000
45.6%
22.9%
15.7%
Midland
118
$273,750
39.8%
21.1%
9.6%
Midvale
57
$260,000
36.8%
24.5%
10.4%
Millendon
6
$600,000
14.3%
12.7%
9.9%
Mindarie
263
$485,000
15.5%
14.0%
15.5%
Mirrabooka
219
$260,000
26.8%
18.3%
13.9%
Morley
518
$345,500
26.2%
17.4%
9.6%
Mosman Park
162
$1,112,500
67.3%
20.9%
13.1%
Mount Claremont
86
$920,000
30.8%
14.9%
14.4%
Mount Hawthorn
149
$540,000
24.1%
15.6%
11.2%
Mount Helena
87
$325,000
17.5%
15.6%
9.0%
Mount Lawley
180
$682,000
31.4%
16.3%
10.0%
Mount Nasura
103
$340,000
22.2%
18.4%
8.5%
Mount Pleasant
172
$705,000
24.5%
13.4%
11.1%
Mount Richon
58
$325,000
25.0%
7.8%
Mullaloo
137
$505,000
23.9%
18.1%
10.6%
Mundaring
91
$410,000
30.2%
19.7%
10.0%
Mundijong
39
$300,000
17.4%
19.1%
9.7%
Munster
48
$376,500
23.4%
16.4%
8.9%
Murdoch
31
$455,000
10.2%
11.8%
7.0%
Myaree
48
$404,000
14.1%
13.3%
10.2%
Nedlands
144
$1,100,000
26.8%
17.1%
11.0%
Neerabup
15
$345,000
56.5%
13.7%
Nollamara
304
$315,000
21.9%
16.4%
10.4%
Noranda
135
$395,000
20.8%
16.1%
7.8%
North Beach
65
$680,000
34.7%
17.6%
12.0%
North Fremantle
37
$700,000
5.1%
15.5%
12.3%
North Lake
26
$501,000
56.3%
17.7%
10.6%
North Perth
150
$540,000
25.0%
14.0%
10.2%
Northbridge
3
$540,000
38.1%
18.2%
5.0%
Oakford
27
$611,500
28.7%
21.0%
Ocean Reef
174
$555,000
24.7%
16.7%