Learn how many new suburbs be part of elite checklist
A file 30 suburbs joined Perth’s million-dollar membership in 2023-24, bringing the whole to 87 suburbs with a median home sale worth over $1 million.
Based on REIWA president Joe White (pictured above), this surge displays Perth’s sturdy worth progress, with an 18.8% improve within the median home worth over the previous yr.
Karawara leads with 43.5% worth progress
Amongst Perth’s 87 million-dollar suburbs, Karawara skilled the strongest worth progress, with a 43.5% improve.
White attributed this to the suburb’s proximity to the Canning River, Curtin College, and up to date upgrades to Waterford Plaza, which have elevated its enchantment.
“Properties have additionally undergone renovation and revitalisation in recent times, serving to enhance costs within the space,” he mentioned.
Peppermint Grove stays Perth’s costliest
Peppermint Grove retained its place as Perth’s costliest suburb, with a median home worth of $3.7 million. Cottesloe and Dalkeith adopted intently, each with median costs of $3.5 million.
$22 million sale units new file
Perth’s costliest sale in 2023-24 was a house at 3 Owston Road, Mosman Park, which offered for a formidable $22 million, cementing the town’s rising luxurious property market, REIWA reported.
To learn the REIWA report in full and to see the whole checklist of the 30 suburbs becoming a member of Perth’s million-dollar membership, go to the organisation’s LinkedIn publish or web site.
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