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MARKET UPDATE- June 2007

REIWA QUARTERLY MARKET UPDATE
MEDIAN PRICE OF ESTABLISHED HOUSE SALES
IN PERTH SUBURBS
Average Annual % Change
SUBURB
House Sales Year to Jun 2007
Median Sales Price
Year to Jun 2007
1 year
5 years
10 years
Alexander Heights
115
$410,000
26.2%
19.7%
12.3%
Alfred Cove
42
$638,500
19.3%
16.3%
14.7%
Applecross
82
$1,465,000
54.2%
20.4%
15.4%
Ardross
81
$750,000
26.1%
16.1%
13.0%
Armadale
377
$300,000
31.9%
26.7%
14.4%
Ascot
39
$725,000
26.4%
25.3%
16.3%
Ashby
48
$460,000
22.7%
n/a
n/a
Ashfield
36
$428,000
36.4%
23.6%
16.3%
Attadale
101
$1,050,000
34.6%
18.5%
13.0%
Atwell
150
$470,000
25.7%
19.9%
13.6%
Aubin Grove
20
$522,250
4.2%
n/a
n/a
Aveley
15
$470,000
n/a
n/a
n/a
Balcatta
108
$437,500
19.9%
19.2%
13.8%
Baldivis
149
$465,000
19.5%
15.5%
10.0%
Balga
198
$397,000
42.8%
26.8%
19.0%
Ballajura
292
$399,000
26.7%
21.3%
12.8%
Banksia Grove
59
$350,000
40.0%
24.3%
11.8%
Bassendean
150
$435,000
29.9%
21.4%
14.2%
Bateman
43
$550,000
32.7%
17.8%
13.3%
Bayswater
229
$475,000
30.1%
18.9%
14.8%
Beaconsfield
57
$600,000
31.9%
19.1%
15.2%
Beckenham
113
$370,000
34.5%
24.7%
15.5%
Bedford
77
$570,000
38.7%
19.4%
14.8%
Bedfordale
11
$600,000
29.5%
20.0%
n/a
Beechboro
210
$380,000
33.3%
23.2%
14.1%
Beeliar
81
$440,000
19.6%
20.1%
11.0%
Beldon
98
$397,500
28.2%
21.4%
14.1%
Bellevue
38
$325,000
25.5%
25.4%
15.9%
Belmont
116
$409,000
31.7%
20.6%
14.9%
Bentley
104
$410,000
26.2%
19.1%
12.9%
Bertram
77
$395,000
16.0%
18.4%
n/a
Bibra Lake
96
$454,500
20.6%
19.6%
12.1%
Bickley
6
$482,500
29.9%
18.6%
13.6%
Bicton
95
$818,000
29.8%
17.2%
14.8%
Booragoon
87
$670,000
22.4%
17.5%
11.9%
Boya
15
$515,000
44.6%
26.2%
13.3%
Brentwood
26
$550,000
27.9%
18.5%
13.3%
Brookdale
56
$300,000
42.7%
27.3%
15.2%
Bull Creek
85
$540,000
20.0%
19.4%
12.5%
Bullsbrook
49
$300,000
53.8%
22.4%
12.9%
Burswood
11
$665,000
-8.9%
23.2%
15.1%
Butler
187
$455,000
28.2%
16.7%
n/a
Byford
59
$515,000
40.7%
26.8%
14.8%
Calista
38
$305,000
34.4%
31.3%
17.1%
Canning Vale
427
$522,000
22.8%
17.1%
10.6%
Cannington
105
$354,000
28.7%
17.3%
12.2%
Carine
85
$652,000
25.4%
18.9%
12.8%
Carlisle
113
$414,950
20.6%
17.5%
13.2%
Carmel
6
$367,500
-11.4%
22.0%
7.9%
Carramar
95
$475,000
28.4%
20.1%
n/a
Caversham
34
$397,250
31.3%
20.9%
9.9%
Chidlow
14
$370,000
24.9%
26.7%
12.9%
Churchlands
21
$1,145,000
37.1%
19.0%
13.6%
City Beach
84
$1,697,500
25.7%
21.0%
15.9%
Claremont
101
$1,300,000
34.0%
24.0%
16.1%
Clarkson
289
$380,000
34.3%
23.9%
14.9%
Cloverdale
128
$399,500
32.2%
21.2%
15.7%
Como
132
$786,000
32.7%
19.0%
13.3%
Connolly
56
$567,500
18.8%
15.6%
11.6%
Coogee
45
$875,000
31.6%
23.1%
14.7%
Coolbellup
93
$376,000
31.0%
22.8%
16.3%
Coolbinia
18
$1,175,000
56.7%
26.8%
18.7%
Cooloongup
152
$320,000
19.9%
25.0%
13.5%
Cottesloe
97
$1,790,000
40.4%
21.4%
16.5%
Craigie
169
$380,000
31.9%
23.4%
14.9%
Currambine
125
$520,000
30.0%
18.2%
13.9%
Daglish
18
$905,000
37.1%
19.1%
13.5%
Dalkeith
77
$2,450,000
24.1%
20.7%
15.9%
Darch
94
$551,250
23.9%
12.2%
n/a
Darlington
63
$597,000
43.9%
22.3%
13.7%
Dianella
286
$538,000
28.1%
19.0%
14.8%
Doubleview
185
$640,000
33.3%
19.2%
15.2%
Duncraig
244
$570,000
29.8%
18.9%
13.1%
East Cannington
92
$420,000
32.1%
22.9%
16.0%
East Fremantle
100
$953,500
31.1%
19.3%
13.8%
East Perth
25
$1,000,000
19.8%
15.5%
18.0%
East Victoria Park
168
$487,750
25.1%
18.9%
14.3%
Eden Hill
48
$390,000
34.5%
23.6%
13.9%
Edgewater
59
$415,000
15.3%
18.2%
11.8%
Ellenbrook
283
$415,000
25.3%
21.0%
12.4%
Embleton
46
$457,000
34.4%
22.6%
16.6%
Ferndale
85
$375,000
19.6%
20.9%
13.0%
Floreat
108
$1,167,500
46.4%
23.5%
15.6%
Forrestdale
21
$449,950
40.6%
25.4%
15.8%
Forrestfield
261
$365,000
28.7%
23.7%
14.2%
Fremantle
81
$725,000
35.5%
18.1%
14.8%
Girrawheen
141
$320,000
36.5%
25.4%
16.6%
Glen Forrest
35
$540,000
35.8%
20.8%
12.9%
Glendalough
20
$627,500
63.0%
22.7%
14.8%
Gooseberry Hill
61
$639,000
44.6%
19.5%
13.7%
Gosnells
422
$320,000
33.3%
24.8%
14.2%
Greenmount
45
$434,000
22.3%
21.8%
13.7%
Greenwood
177
$425,000
26.7%
19.6%
13.1%
Guildford
36
$488,500
23.7%
16.6%
13.0%
Gwelup
48
$717,000
23.6%
18.6%
15.3%
Hamersley
76
$451,000
24.6%
20.5%
13.7%
Hamilton Hill
149
$470,000
32.4%
22.4%
15.1%
Hammond Park
25
$492,500
20.1%
n/a
n/a
Hazelmere
5
$395,000
8.2%
22.3%
12.9%
Heathridge
193
$380,000
29.5%
21.8%
14.2%
Helena Valley
37
$515,000
29.4%
18.9%
13.1%
Henley Brook
37
$468,500
33.7%
13.5%
11.7%
Herne Hill
12
$437,500
67.3%
31.8%
15.7%
High Wycombe
241
$385,000
24.2%
23.1%
13.8%
Highgate
13
$860,000
55.7%
24.3%
15.8%
Hillarys
177
$750,000
19.0%
19.4%
15.2%
Hillman
46
$314,000
29.2%
25.7%
14.1%
Hilton
62
$467,500
33.8%
21.5%
15.0%
Hocking
92
$475,000
28.7%
25.5%
16.3%
Hope Valley
7
$572,500
50.2%
29.5%
16.0%
Huntingdale
162
$373,750
31.1%
22.7%
13.8%
Iluka
87
$840,000
30.8%
19.3%
14.0%
Inglewood
74
$679,000
28.5%
19.0%
13.8%
Innaloo
148
$507,000
24.8%
17.5%
14.1%
Jandakot
50
$550,000
18.3%
15.8%
11.5%
Jane Brook
62
$490,000
27.3%
21.5%
14.2%
Jarrahdale
14
$415,500
59.8%
31.7%
17.4%
Jindalee
7
$645,000
-0.8%
n/a
n/a
Jolimont
6
$1,147,500
49.0%
25.9%
17.2%
Joondalup
143
$485,000
26.0%
20.3%
14.1%
Joondanna
50
$590,000
43.9%
20.7%
14.8%
Kalamunda
121
$480,000
15.7%
18.4%
11.8%
Kallaroo
96
$592,500
33.9%
19.6%
15.7%
Karawara
17
$600,000
11.1%
24.9%
17.0%
Kardinya
122
$535,000
18.2%
18.4%
12.5%
Karrinyup
126
$732,000
33.1%
21.8%
16.1%
Kelmscott
218
$348,750
34.1%
24.5%
14.3%
Kensington
69
$705,000
30.9%
18.2%
14.0%
Kenwick
116
$325,000
32.7%
25.1%
14.7%
Kewdale
111
$422,000
34.0%
19.4%
14.1%
Kiara
24
$424,500
30.6%
24.1%
12.1%
Kingsley
214
$483,500
30.7%
18.7%
12.0%
Kinross
156
$463,000
28.6%
19.6%
12.8%
Koondoola
87
$325,000
37.7%
25.4%
16.8%
Koongamia
31
$311,000
51.7%
28.1%
16.7%
Landsdale
83
$520,000
22.4%
18.2%
11.6%
Langford
97
$330,000
37.2%
27.2%
16.2%
Lathlain
60
$563,750
35.5%
20.5%
13.8%
Leda
72
$319,000
27.9%
25.4%
15.1%
Leederville
53
$765,000
44.3%
21.6%
15.0%
Leeming
150
$550,000
26.7%
18.3%
11.0%
Lesmurdie
111
$485,000
21.3%
20.0%
12.8%
Lockridge
56
$320,000
36.2%
24.1%
15.2%
Lynwood
69
$360,000
35.8%
24.0%
14.7%
Maddington
222
$315,000
32.4%
26.0%
14.3%
Madeley
82
$567,500
35.1%
25.1%
n/a
Mahogany Creek
9
$480,000
31.5%
24.3%
12.1%
Maida Vale
77
$440,000
27.5%
19.7%
15.0%
Manning
75
$665,000
44.6%
20.7%
15.5%
Marangaroo
161
$385,000
27.5%
21.7%
13.7%
Marmion
36
$821,250
27.7%
20.0%
14.4%
Martin
12
$417,000
17.5%
23.5%
14.8%
Maylands
120
$585,000
30.0%
20.9%
15.8%
Medina
77
$285,000
46.2%
34.0%
17.2%
Melville
86
$621,250
26.8%
17.7%
14.1%
Menora
25
$945,000
21.9%
19.5%
13.6%
Merriwa
161
$355,000
34.0%
23.0%
14.9%
Middle Swan
45
$340,000
38.2%
27.7%
14.9%
Midland
98
$377,500
30.2%
25.3%
15.8%
Midvale
37
$340,000
30.8%
30.5%
17.0%
Mindarie
143
$600,000
22.4%
17.8%
12.6%
Mirrabooka
95
$360,000
35.8%
23.6%
15.3%
Morley
307
$450,000
28.6%
21.5%
14.4%
Mosman Park
135
$1,250,000
10.2%
22.0%
15.7%
Mount Claremont
64
$1,250,000
34.0%
18.9%
16.5%
Mount Hawthorn
113
$680,000
25.9%
18.4%
14.0%
Mount Helena
41
$430,000
43.3%
24.3%
15.1%
Mount Lawley
102
$850,000
21.4%
18.4%
12.8%
Mount Nasura
54
$418,500
16.3%
23.4%
12.7%
Mount Pleasant
114
$991,250
34.4%
19.1%
15.0%
Mount Richon
36
$430,000
29.3%
n/a
n/a
Mullaloo
111
$616,000
17.3%
20.2%
14.7%
Mundaring
35
$495,000
28.2%
23.1%
13.8%
Mundijong
17
$435,000
46.7%
25.8%
14.5%
Munster
43
$465,000
23.0%
19.0%
11.7%
Murdoch
26
$625,000
37.4%
17.3%
11.0%
Myaree
26
$591,250
44.2%
19.8%
15.3%
Nedlands
113
$1,430,000
27.1%
21.7%
15.1%
Nollamara
240
$415,000
29.7%
20.7%
16.1%
Noranda
64
$540,000
36.3%
19.1%
12.1%
North Beach
57
$971,000
43.1%
24.9%
17.1%
North Fremantle
26
$977,500
39.6%
18.8%
15.8%
North Lake
15
$629,000
21.9%
20.3%
16.1%
North Perth
108
$660,000
21.1%
17.1%
13.6%
Ocean Reef
111
$690,000
22.1%
19.8%
13.5%
Orelia
95
$320,500
25.7%
31.3%
16.4%
Osborne Park
40
$425,000
11.7%
19.2%
14.3%
Padbury
174
$421,000
21.0%
20.9%
13.9%
Palmyra
101
$570,000
34.1%
18.9%
14.3%
Parkerville
24
$474,000
21.9%
23.1%
12.9%
Parkwood
122
$385,000
22.2%
21.2%
12.4%
Parmelia
150
$299,000
26.2%
28.6%
15.0%
Pearsall
44
$495,500
32.8%
16.6%
n/a
Peppermint Grove
23
$3,150,000
27.3%
21.4%
15.8%
Perth
37
$645,000
30.7%
17.9%
11.1%
Port Kennedy
275
$395,000
19.8%
21.4%
13.1%
Queens Park
88
$360,750
20.3%
22.9%
15.6%
Quinns Rocks
188
$440,000
21.3%
22.7%
13.6%
Redcliffe
95
$420,000
29.2%
18.7%
15.8%
Ridgewood
45
$405,000
50.0%
23.6%
14.5%
Riverton
80
$482,500
23.7%
20.5%
14.2%
Rivervale
130
$445,000
25.5%
17.9%
13.5%
Rockingham
253
$405,000
20.9%
24.4%
14.8%
Roleystone
103
$500,000
28.2%
23.2%
12.4%
Rossmoyne
30
$910,000
31.2%
21.1%
15.6%
Safety Bay
147
$415,000
25.0%
23.1%
13.7%
Salter Point
38
$1,060,000
40.8%
20.1%
15.5%
Samson
29
$460,000
25.2%
18.7%
11.5%
Sawyers Valley
9
$415,000
34.8%
19.2%
11.1%
Scarborough
178
$771,250
35.3%
22.5%
17.0%
Secret Harbour
176
$472,500
16.0%
18.6%
11.1%
Serpentine
11
$480,000
31.5%
27.0%
16.7%
Seville Grove
181
$335,750
31.7%
n/a
14.6%
Shelley
57
$652,000
24.5%
17.7%
11.2%
Shenton Park
56
$950,000
29.9%
18.3%
13.7%
Shoalwater
60
$470,500
19.1%
22.2%
14.6%
Sinagra
17
$440,000
24.8%
22.9%
n/a
Singleton
50
$507,500
33.6%
26.1%
16.5%
Sorrento
101
$810,000
19.5%
15.2%
13.0%
South Fremantle
42
$845,000
30.0%
20.4%
14.9%
South Guildford
65
$395,000
25.4%
21.9%
12.1%
South Lake
143
$370,000
23.3%
22.6%
13.9%
South Perth
101
$1,060,000
35.9%
20.2%
14.4%
Southern River
81
$540,000
27.1%
18.5%
14.2%
Spearwood
124
$442,500
28.3%
21.4%
13.8%
St James
89
$420,000
22.6%
16.6%
12.8%
Stirling
109
$718,000
28.4%
24.7%
16.8%
Stoneville
31
$480,000
27.7%
24.2%
14.4%
Stratton
126
$330,750
37.7%
24.1%
13.9%
Subiaco
107
$1,140,000
25.3%
20.2%
15.6%
Success
121
$475,000
29.4%
20.9%
14.7%
Swan View
151
$355,000
31.5%
23.2%
13.1%
Swanbourne
52
$1,277,500
6.5%
19.2%
15.2%
Tapping
106
$488,500
38.1%
20.8%
n/a
The Vines
59
$740,000
33.6%
20.3%
11.9%
Thornlie
414
$367,500
26.7%
21.3%
12.4%
Trigg
36
$1,011,750
33.1%
18.4%
16.0%
Tuart Hill
69
$500,000
33.3%
20.1%
14.8%
Two Rocks
58
$409,500
28.0%
26.8%
16.8%
Victoria Park
111
$503,000
25.8%
16.5%
12.5%
Viveash
10
$477,500
33.4%
27.8%
17.3%
Waikiki
239
$360,000
16.9%
22.8%
12.5%
Walliston
16
$410,000
12.8%
19.7%
12.9%
Wanneroo
269
$385,000
28.4%
22.8%
14.4%
Warnbro
204
$355,000
24.6%
22.9%
13.0%
Warwick
62
$450,000
28.4%
19.3%
13.7%
Waterford
24
$795,000
13.7%
16.8%
10.1%
Watermans Bay
13
$1,080,000
22.7%
16.9%
17.1%
Wattle Grove
44
$456,500
23.0%
10.9%
7.3%
Wattleup
9
$367,500
31.3%
25.8%
15.4%
Wellard
18
$553,500
25.8%
18.7%
12.7%
Wembley
113
$840,000
27.5%
18.2%
14.9%
Wembley Downs
98
$875,000
30.6%
19.3%
15.1%
West Leederville
34
$930,000
23.2%
20.5%
15.0%
West Perth
16
$590,000
31.8%
16.6%
12.9%
Westfield
124
$292,000
33.9%
27.5%
14.6%
Westminster
115
$410,000
34.2%
24.2%
17.0%
White Gum Valley
51
$590,000
29.0%
18.4%
14.2%
Willagee
101
$440,000
24.1%
19.8%
14.6%
Willetton
281
$475,000
25.0%
20.1%
12.6%
Wilson
101
$462,000
36.5%
20.5%
14.0%
Winthrop
91
$738,000
21.5%
18.1%
10.5%
Woodbridge
16
$500,000
50.6%
21.4%
n/a
Woodlands
56
$805,000
25.8%
20.0%
14.6%
Woodvale
138
$570,000
29.5%
19.0%
12.4%
Wooroloo
10
$345,000
46.8%
28.9%
12.1%
Yanchep
74
$440,000
23.9%
24.9%
15.7%
Yangebup
159
$380,000
23.0%
21.8%
13.2%
Yokine
133
$600,000
41.2%
20.3%
15.5%


For more information, please contact
Mr Trevor Dunkley
Director
Property Wizards
trevor@propertywizards.com.au
Tel: (08) 9381 7450

Source: Real Estate Institute of WA