Market update

Perth Property Market Report – Median House Prices

REIWA Quarterly Market Update
Year to December 2017

 

Suburb House Sales Median Sales Price Quarterly Change in Annual Median % Annual Change in Annual Median % Annual Ave over 5 Years   % Annual Ave over 10 Years  %
Alexander Heights 70 $415,000 -3.5% -11.7% -0.5% 0.4%
Alfred Cove 38 $747,500 1.0% -0.3% 2.0% 0.2%
Alkimos 100 $395,000 -3.7% -10.2% -4.1% n.a.
Applecross 87 $1,630,000 0.0% 27.3% 3.1% 0.7%
Ardross 78 $990,000 -1.0% 1.5% 1.3% 2.0%
Armadale 146 $257,500 -2.8% -15.6% -1.3% -1.5%
Ascot 27 $660,000 0.0% -16.7% -2.9% -1.4%
Ashby 29 $460,000 0.0% -2.1% -0.7% 0.0%
Ashfield 13 $477,500 -0.2% -4.5% 1.2% 1.4%
Attadale 74 $1,150,000 -3.0% 9.0% 2.5% 0.0%
Atwell 104 $520,000 0.0% -2.8% 0.2% 1.0%
Aubin Grove 76 $551,500 1.2% -2.8% 1.2% 0.7%
Aveley 115 $460,000 -0.9% -2.5% -0.5% -1.4%
Balcatta 126 $492,250 0.9% -4.6% -0.7% 0.6%
Baldivis 328 $404,000 -1.6% -6.0% -1.2% -1.1%
Balga 165 $340,000 -1.4% -9.3% -0.6% -1.4%
Ballajura 159 $425,000 -1.2% -3.0% 0.2% 0.5%
Banjup 6 $540,000 4.7% -8.9% n.a. n.a.
Banksia Grove 99 $397,500 -0.1% 0.6% 0.4% 0.6%
Bassendean 139 $515,000 -0.8% 0.7% 1.5% 1.4%
Bateman 47 $717,000 0.3% -3.6% 2.2% 2.1%
Bayswater 166 $570,000 0.0% -3.4% 1.0% 1.4%
Beaconsfield 77 $680,000 -2.2% -4.7% -0.1% -0.3%
Beckenham 87 $400,000 -3.0% -9.1% -0.2% 0.8%
Bedford 78 $625,000 -1.5% -3.1% 0.5% 0.8%
Bedfordale 19 $711,000 -1.5% 1.7% 3.7% 0.9%
Beechboro 87 $375,000 0.0% -6.3% -0.4% 0.1%
Beeliar 101 $502,000 -1.3% -9.4% 0.5% 0.8%
Beldon 66 $460,000 0.2% -4.9% 1.0% 1.3%
Bellevue 12 $387,500 3.3% -0.6% 2.6% 1.5%
Belmont 76 $452,500 0.6% -4.7% -1.2% 0.6%
Bennett Springs 42 $452,500 -0.5% -5.2% -0.1% 0.3%
Bentley 65 $465,000 -2.8% -7.0% 0.2% 0.8%
Bertram 72 $382,250 -2.0% -4.4% 0.4% -0.5%
Bibra Lake 71 $543,000 1.6% 1.5% 1.9% 1.5%
Bickley 5 $625,000 0.0% -3.8% 5.0% 3.2%
Bicton 79 $1,012,000 6.0% 11.8% 1.9% 2.1%
Booragoon 68 $833,000 -2.0% -5.9% 0.8% 1.5%
Brabham 51 $400,000 0.0% -8.4% n.a. n.a.
Brentwood 31 $645,000 0.2% -5.0% 2.5% 1.6%
Brookdale 18 $290,000 0.0% -9.4% 1.5% -0.6%
Bull Creek 75 $700,000 1.4% -5.0% 1.0% 2.1%
Bullsbrook 28 $350,000 -4.8% -5.4% -0.6% -0.2%
Burns Beach 46 $827,000 -0.7% -10.1% 0.2% 0.6%
Burswood 7 $605,000 -2.4% -29.9% -2.6% -3.9%
Butler 160 $400,000 0.0% -1.9% -0.5% -1.2%
Byford 163 $405,000 1.3% -3.6% 0.0% -2.3%
Calista 18 $270,000 -12.6% -14.4% 0.0% -0.9%
Camillo 49 $270,000 -3.6% -9.7% -1.1% -0.7%
Canning Vale 340 $559,000 -1.1% -2.8% 0.3% 0.7%
Cannington 58 $419,500 -8.8% -2.4% 1.3% 1.1%
Carine 83 $785,000 0.0% 0.5% 1.1% 1.4%
Carlisle 78 $507,500 -0.5% -5.1% 0.5% 1.3%
Carramar 82 $516,500 0.0% -0.1% 0.4% 0.3%
Caversham 48 $440,000 -1.1% -3.8% 1.6% 0.4%
Champion Lakes 9 $425,000 4.2% -9.5% -2.8% -8.1%
Chidlow 13 $399,000 0.0% -16.4% 1.1% 0.4%
Churchlands 31 $1,350,000 0.0% -1.5% 2.0% 0.2%
City Beach 84 $1,781,000 7.9% 7.0% 1.4% -0.1%
Claremont 77 $1,370,000 1.5% 5.4% 1.1% -0.1%
Clarkson 186 $392,250 -3.1% -3.3% -0.1% -0.1%
Cloverdale 106 $435,000 0.0% -6.1% -0.9% 0.4%
Cockburn Central 7 $750,000 0.0% 40.2% 7.9% 2.4%
Como 104 $905,000 0.6% 7.0% 2.3% 1.0%
Connolly 42 $650,000 1.6% 0.8% 2.0% 0.3%
Coogee 43 $820,000 -0.3% 3.1% 2.6% -0.8%
Coolbellup 61 $445,000 0.2% -8.9% 2.4% 1.6%
Coolbinia 31 $1,130,000 -5.1% 31.4% 3.6% 2.1%
Cooloongup 76 $285,000 -1.4% -9.9% -0.3% -1.0%
Cottesloe 81 $2,100,000 0.7% 15.4% 4.0% 1.2%
Craigie 115 $430,000 0.0% -6.5% 0.1% 1.0%
Currambine 72 $539,500 2.8% 1.8% -0.1% 0.2%
Daglish 11 $1,075,000 -0.6% 2.3% 3.2% 1.1%
Dalkeith 58 $2,600,000 6.1% 11.8% 1.4% -0.4%
Darch 65 $552,000 -0.5% -0.5% -0.6% 0.3%
Darlington 41 $580,000 -5.2% -7.6% 0.0% -0.3%
Dayton 35 $473,000 -3.8% 1.7% -0.4% -5.3%
Dianella 266 $600,000 1.4% -2.4% 0.8% 0.6%
Doubleview 185 $720,000 0.0% -1.6% 2.0% 1.0%
Duncraig 205 $684,000 -2.3% -4.3% 0.7% 1.8%
East Cannington 54 $477,500 0.0% -4.0% 2.2% 1.5%
East Fremantle 88 $1,097,500 -0.2% -0.2% 0.7% 1.5%
East Perth 11 $1,100,000 -6.0% -6.6% 2.0% -2.1%
East Victoria Park 124 $635,000 -0.8% -0.9% 2.2% 2.1%
Eden Hill 41 $410,000 -1.4% -4.5% 1.3% 0.6%
Edgewater 69 $491,000 -5.5% -12.2% -0.2% 0.8%
Eglinton 20 $424,000 -2.9% -5.9% n.a. n.a.
Ellenbrook 231 $385,000 -1.3% -7.2% -1.0% -0.7%
Embleton 54 $480,000 -0.3% -4.5% -0.2% 0.5%
Ferndale 53 $420,000 -1.2% -11.6% 0.1% 1.3%
Floreat 93 $1,285,000 2.0% 7.1% 2.4% 1.1%
Forrestdale 5 $387,500 0.0% 5.4% -1.6% -0.4%
Forrestfield 167 $400,000 2.6% -4.0% 0.8% 0.6%
Fremantle 79 $775,000 1.3% -3.7% 0.0% 0.3%
Girrawheen 90 $349,500 -0.1% -6.8% 0.9% 0.4%
Glen Forrest 30 $509,500 2.1% -4.0% -1.3% -0.2%
Glendalough 8 $412,500 10.0% -22.2% -1.0% -1.9%
Golden Bay 83 $369,000 0.2% -1.5% 0.2% -2.9%
Gooseberry Hill 39 $700,000 -3.1% 2.9% 0.9% 1.0%
Gosnells 233 $321,500 0.2% -8.1% -0.2% -0.2%
Greenmount 43 $467,000 -0.3% -7.5% 0.5% 0.6%
Greenwood 127 $505,000 -1.0% -4.6% -0.5% 1.4%
Guildford 24 $626,500 -1.8% -3.6% 2.3% 2.3%
Gwelup 50 $870,500 1.2% 4.3% 2.0% 1.1%
Hamersley 78 $529,500 0.9% -0.1% 0.8% 1.4%
Hamilton Hill 174 $478,500 -0.3% -3.3% -0.1% 0.0%
Hammond Park 48 $525,000 0.0% -0.5% -0.1% 0.6%
Harrisdale 123 $515,000 -1.0% -0.9% -1.1% -8.1%
Haynes 5 $535,000 11.5% 9.2% n.a. n.a.
Hazelmere 5 $485,000 -5.8% -8.5% -0.5% 0.1%
Heathridge 108 $450,000 0.0% -1.1% 1.3% 1.5%
Helena Valley 42 $531,000 -0.7% -7.7% -0.7% -0.2%
Henley Brook 19 $510,000 5.7% 17.2% 2.4% 0.8%
Herne Hill 7 $415,000 0.0% 9.2% 2.9% 1.0%
High Wycombe 154 $425,000 0.0% -5.6% -0.2% 0.9%
Highgate 14 $837,778 -2.6% 3.4% 2.8% 0.9%
Hilbert 37 $367,000 -5.7% -11.0% -10.5% -2.8%
Hillarys 141 $830,000 3.3% 0.9% 1.4% 0.6%
Hillman 27 $280,000 -2.6% -7.7% -0.7% -1.0%
Hilton 57 $535,000 0.5% -0.5% 1.4% 1.2%
Hocking 82 $515,000 0.0% 0.8% 1.1% 0.7%
Huntingdale 90 $380,500 -4.4% -9.9% 0.0% 0.1%
Iluka 48 $847,500 3.6% 2.1% 0.8% 0.3%
Inglewood 54 $826,000 -2.5% 3.9% 0.9% 2.0%
Innaloo 162 $575,000 -2.5% 0.4% 0.2% 0.7%
Jandakot 31 $678,000 -3.1% -1.7% 1.8% 1.1%
Jane Brook 34 $518,500 0.3% 1.2% 0.2% 0.0%
Jarrahdale 12 $365,000 -6.4% -24.0% -2.4% -1.5%
Jindalee 32 $567,500 -0.4% -5.4% -1.4% -1.3%
Jolimont 7 $950,000 -8.7% -12.2% 2.1% 0.0%
Joondalup 71 $507,000 -2.5% -0.6% 0.2% 0.2%
Joondanna 55 $651,000 -0.6% 0.2% 0.5% 0.2%
Kalamunda 87 $580,000 1.8% -6.5% 0.0% 0.8%
Kallaroo 70 $706,000 -3.3% -6.7% 0.5% 1.6%
Karawara 10 $650,000 1.6% -13.3% -0.7% 1.1%
Kardinya 117 $635,000 0.8% -1.1% 1.9% 1.4%
Karnup 9 $390,000 0.0% -3.7% n.a. n.a.
Karrinyup 153 $812,000 0.2% 1.5% 0.8% 0.8%
Kelmscott 131 $330,000 0.8% -9.1% -0.3% -0.9%
Kensington 55 $755,000 -1.6% -13.5% -1.2% 0.3%
Kenwick 65 $349,500 2.8% -3.6% 0.9% 0.1%
Kewdale 74 $477,500 1.1% -4.5% 0.7% 0.7%
Kiara 18 $410,000 -1.6% -11.6% 0.1% 0.1%
Kingsley 141 $564,000 -1.4% -4.4% 0.8% 1.0%
Kinross 97 $475,000 -2.1% -7.0% -0.4% -0.1%
Koondoola 32 $342,500 -2.1% -9.7% 0.3% 0.4%
Koongamia 10 $310,000 -3.1% -3.1% -1.0% 0.0%
Kwinana Town Centre 6 $310,000 -26.1% -4.6% n.a. n.a.
Landsdale 101 $555,000 -1.1% -3.9% 0.7% 0.8%
Langford 57 $346,000 -2.5% -15.6% 0.5% 0.3%
Lathlain 40 $675,000 1.5% 3.4% 1.2% 1.6%
Leda 36 $306,000 2.0% -2.1% -0.4% -0.5%
Leederville 32 $935,000 3.9% 12.3% 2.3% 2.5%
Leeming 134 $670,000 2.2% -3.5% 1.1% 1.8%
Lesmurdie 64 $560,000 0.9% -6.3% -0.4% 0.2%
Lockridge 29 $310,000 -5.3% -11.4% -0.9% -0.5%
Lynwood 44 $399,500 0.0% -11.2% -0.5% 0.5%
Maddington 102 $321,500 -2.6% -11.9% 0.1% 0.0%
Madeley 69 $588,000 0.5% -0.5% 1.3% 0.9%
Mahogany Creek 11 $569,000 1.0% 28.7% 2.0% 1.5%
Maida Vale 57 $485,000 -1.5% -6.7% 1.2% 0.5%
Manning 58 $835,000 4.1% 8.1% 3.5% 2.2%
Marangaroo 81 $429,000 0.0% -4.7% 1.0% 0.9%
Marmion 27 $865,000 1.8% -4.9% 0.1% 0.7%
Martin 8 $440,000 -3.3% -9.3% -3.8% 1.0%
Maylands 100 $607,500 0.4% -6.5% -0.7% 0.4%
Medina 45 $235,000 -2.1% -10.0% -1.2% -1.6%
Melville 86 $785,000 0.0% -1.8% 0.9% 1.5%
Menora 12 $930,000 -3.1% -23.1% 1.0% -0.7%
Merriwa 64 $338,750 -0.7% -4.6% -0.1% -0.6%
Middle Swan 23 $320,000 -9.1% -12.3% -1.4% -0.8%
Midland 53 $343,000 -1.2% -10.3% -0.7% -0.1%
Midvale 16 $345,000 -4.2% -11.0% -0.3% 0.1%
Mindarie 89 $650,000 0.8% -4.0% -0.2% 0.2%
Mirrabooka 51 $360,000 -1.4% -12.2% 0.1% 0.3%
Morley 300 $490,000 0.0% -5.8% 0.2% 0.6%
Mosman Park 112 $1,300,000 -4.2% 1.6% 0.1% -0.4%
Mount Claremont 61 $1,320,000 1.5% 5.6% 0.7% 0.2%
Mount Hawthorn 90 $860,000 1.2% -1.1% 1.7% 2.0%
Mount Helena 26 $462,500 -0.5% 5.1% 0.3% 0.7%
Mount Lawley 110 $960,000 0.0% -1.5% -1.1% 1.0%
Mount Nasura 44 $399,500 -5.3% -1.8% -1.4% -0.6%
Mount Pleasant 96 $1,004,975 -1.5% -12.6% -0.3% -0.2%
Mount Richon 27 $430,000 0.7% -5.1% 0.5% -0.1%
Mullaloo 64 $672,500 -7.2% -5.3% 0.7% 0.3%
Mundaring 32 $565,000 0.9% 1.8% 0.4% 0.9%
Mundijong 14 $420,000 0.0% -9.9% 2.0% 0.7%
Munster 49 $500,000 -2.0% -13.0% 0.8% 0.2%
Murdoch 13 $657,500 -1.6% -13.8% -2.5% 0.4%
Myaree 22 $724,000 0.6% 3.4% 2.7% 2.1%
Nedlands 105 $1,600,000 3.2% 7.0% 3.8% 0.3%
Nollamara 189 $395,000 -1.3% -8.1% -1.0% -0.6%
Noranda 69 $590,000 0.6% 3.1% 1.3% 0.7%
North Beach 50 $1,100,000 0.5% 25.0% 5.4% 2.1%
North Coogee 26 $1,132,500 -0.2% 1.1% -1.6% -3.7%
North Fremantle 30 $1,150,000 7.5% 19.8% 4.3% 1.6%
North Lake 14 $612,500 -1.2% -2.8% -0.6% 1.0%
North Perth 100 $814,444 -0.7% -1.9% 1.0% 1.5%
Ocean Reef 82 $702,250 -1.1% -6.4% -0.2% 0.2%
O’Connor 5 $395,000 -30.7% -30.7% -5.0% -1.7%
Orelia 42 $310,000 -2.7% -2.7% -0.6% -0.6%
Osborne Park 41 $476,000 -0.4% -1.4% -2.6% 0.6%
Padbury 143 $525,000 0.0% -1.7% 1.3% 1.7%
Palmyra 90 $600,000 -1.8% -8.4% 0.0% 0.5%
Parkerville 16 $489,000 2.9% 9.9% 1.1% 0.3%
Parkwood 71 $460,000 -2.4% -4.7% 0.8% 1.5%
Parmelia 65 $300,000 0.0% 2.6% 1.8% 0.0%
Pearsall 43 $440,000 -1.7% -6.4% -1.4% -1.5%
Peppermint Grove 20 $3,475,000 -2.1% -3.5% 4.6% 0.1%
Perth 28 $846,000 -0.5% 3.2% 2.4% 2.2%
Piara Waters 117 $522,500 0.0% 0.5% 0.3% -0.5%
Port Kennedy 154 $369,500 0.1% -7.6% -0.6% -0.7%
Queens Park 71 $425,000 0.0% -8.9% 0.2% 1.2%
Quinns Rocks 144 $450,000 -2.1% -2.2% -0.3% -0.7%
Redcliffe 54 $450,000 -0.4% 0.8% 0.3% 0.6%
Ridgewood 46 $374,000 -0.3% -8.8% -1.8% -0.9%
Riverton 61 $625,000 -3.4% -8.1% 2.0% 2.5%
Rivervale 105 $530,000 -0.5% -7.8% -0.9% 0.8%
Rockingham 152 $380,000 -1.3% -7.3% 0.1% -0.9%
Roleystone 91 $535,000 2.7% -0.9% 2.2% -0.1%
Rossmoyne 33 $1,200,000 1.7% 14.3% 6.0% 2.0%
Safety Bay 107 $400,000 -3.6% -3.6% 0.8% -0.4%
Salter Point 33 $1,150,000 -5.3% 4.5% 3.3% 0.6%
Samson 18 $553,500 -3.2% -5.2% -0.1% 1.1%
Sawyers Valley 6 $427,500 -7.0% -7.1% -2.5% -1.5%
Scarborough 142 $749,550 -1.4% -2.0% 0.4% -0.3%
Secret Harbour 177 $438,000 -0.3% -5.9% -1.1% -0.9%
Serpentine 14 $600,000 7.1% 11.6% 1.0% 1.0%
Seville Grove 103 $345,000 -0.7% -6.8% -0.3% 0.1%
Shelley 55 $820,000 -14.7% -10.1% 1.3% 1.6%
Shenton Park 47 $1,200,000 2.1% -7.5% 2.1% 2.0%
Shoalwater 72 $447,500 -2.9% -1.6% 1.0% -0.4%
Sinagra 29 $460,000 0.0% -0.4% 0.2% 0.1%
Singleton 45 $415,000 -1.2% -4.3% -0.1% -2.2%
Sorrento 106 $922,500 -2.9% 4.2% 0.3% -0.6%
South Fremantle 39 $1,080,000 0.0% 3.3% 4.9% 2.1%
South Guildford 59 $515,000 2.0% -8.0% 3.0% 2.3%
South Lake 85 $435,000 0.0% -5.8% 1.2% 1.3%
South Perth 88 $1,175,000 2.2% -4.1% -0.4% -0.8%
Southern River 107 $551,000 1.5% -2.7% 0.2% 0.2%
Spearwood 132 $470,500 -1.8% -2.0% 0.7% 0.1%
St James 71 $535,000 -1.8% 0.0% 1.6% 2.0%
Stirling 102 $800,000 -2.4% -2.1% 0.3% 0.6%
Stoneville 21 $500,000 0.8% -2.0% 1.8% 0.0%
Stratton 36 $327,500 -0.8% -5.1% -0.3% -0.2%
Subiaco 76 $1,250,000 1.2% 3.9% 1.9% -0.3%
Success 90 $514,000 -2.1% -3.0% 0.6% 0.7%
Swan View 90 $365,000 -3.4% -11.6% -0.8% 0.1%
Swanbourne 48 $1,518,000 -6.5% -11.7% 3.1% 1.7%
Tapping 121 $485,000 -3.0% -5.1% -0.2% 0.0%
The Vines 62 $625,000 0.0% -7.7% -1.9% -1.8%
Thornlie 267 $385,000 -1.3% -10.5% -0.5% 0.3%
Treeby 6 $540,000 -10.7% -11.4% n.a. n.a.
Trigg 47 $1,155,000 -5.3% 4.5% 4.4% 0.1%
Tuart Hill 83 $530,000 0.5% -5.4% 0.2% 0.7%
Two Rocks 40 $375,000 1.6% 2.3% 0.5% -0.9%
Victoria Park 73 $640,000 0.9% -4.0% 2.0% 1.5%
Viveash 8 $490,500 -6.4% -13.6% 1.0% 1.9%
Waikiki 163 $365,000 -3.3% -7.2% 0.7% -0.3%
Walliston 8 $467,500 1.6% -4.6% -1.1% 0.7%
Wandi 27 $507,000 -2.5% 0.1% -5.8% n.a.
Wanneroo 140 $420,000 0.0% -4.9% 0.3% 0.7%
Warnbro 137 $325,000 -0.9% -7.1% -1.2% -0.6%
Warwick 47 $555,000 0.0% -4.1% 2.4% 2.0%
Waterford 18 $894,250 -2.0% 13.9% -1.4% 0.3%
Watermans Bay 10 $1,205,000 -3.6% 1.5% 6.9% -1.0%
Wattle Grove 62 $503,500 -4.3% -7.3% -0.7% 0.9%
Wellard 85 $412,500 -1.8% -1.8% -0.4% -1.0%
Wembley 89 $1,025,000 0.5% 6.8% 2.9% 1.8%
Wembley Downs 83 $1,100,000 0.0% 3.3% 4.1% 2.0%
West Leederville 43 $1,125,000 2.3% 2.3% 2.7% 2.7%
West Perth 15 $670,000 0.0% 14.1% -2.9% -0.1%
Westminster 110 $384,000 -0.3% -6.3% -0.6% -0.4%
Whitby 12 $445,000 -1.1%   n.a. n.a.
White Gum Valley 41 $738,000 7.3% 5.8% 2.8% 2.1%
Willagee 79 $526,000 -1.0% -7.3% 0.4% 1.3%
Willetton 224 $710,000 0.3% 1.4% 3.3% 3.9%
Wilson 69 $515,000 -1.0% -5.3% 0.0% 1.2%
Winthrop 41 $855,000 -0.6% 1.2% 0.6% 1.4%
Woodbridge 11 $595,000 -4.5% -0.8% 2.4% 1.8%
Woodlands 63 $960,000 0.5% 1.1% 2.0% 1.7%
Woodvale 121 $605,000 -1.2% -5.5% 0.1% 0.1%
Wooroloo 7 $382,000 14.9% 12.4% -0.3% 0.6%
Yanchep 105 $399,000 -0.1% -8.5% -1.0% -1.2%
Yangebup 90 $436,500 2.1% -4.1% 0.8% 1.1%
Yokine 125 $633,000 -1.9% -3.7% 0.9% 0.8%
Perth Planning Regions 20,708 $514,250 -0.1% -2.5% 1.0% 0.9%

Source: Real Estate Institute of WA

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