top 20 most expensive suburbs in perth

Opt Out of personalisation. The eighth spot goes to Floreat with an average price of $1.63 million for a house in this active suburban enclave. The suburb is also home to a bustling art scene with the Perth Cultural Centre and the Perth Institute of Contemporary Arts within its close vicinity. aussieproperty.com Pty Ltd - ABN 47 169 499 496. Located within Perth's exclusive 'western suburbs' area and home to the iconic Claremont Showgrounds, Claremont is also big on sports, being the home ground of Claremont Football Club. The median house price in East Perth is $913,000 and the median unit price is $570,000, where 98% of residents have parklands within close proximity, and 27% have parklands within easy reach. North Fremantle offers 100% of residents easy access to parklands, and 64% of homes are within close proximity to education facilities. Prime riverside location, with a median house price growth of 5.5 per cent, the median house price for South Perth is $1.35 million. 19 houses were sold over the past year, representing a turnover of 4.2%. This article is a summary of 'Reiwa's list of Perth's most expensive suburbs' on PerthNow, Disclaimer | Privacy Policy / Terms & Conditions. Its median house price dropped 2.7 per cent in the year to December 2019, taking the figure to $1.557 million, still making it Perths seventh most expensive to buy a house in. 98% of residents have parklands within 500m of their front doors, and 27% have education facilities within easy reach making it the most lifestyle-friendly suburb, according to new data released by Realestate.com.au*. Perth's prestigious seaside inner suburb of Cottesloe maintained its popularity with prices rising around 30 per cent to around $2.7 million. 108 houses were sold from August 2020 to 2021, making the coastal suburb quite popular among buyers. Well located with great public transport. Not quite ready to sell or buy? This is a 4.1 per cent increase in the 12 months to July 2020, suggesting house values are on the rise. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. Its median house sale price increased 15.7 per cent during the 12 months to August 2021, taking the figure to $1.735 million. There is a huge playground for the kids, plenty of BBQs, a cafe and restaurant, and of course cliffside views of the Swanny, South Perth, Matilda Bay and the city Skyline. Searching for a cheap rental property? In the 12 months to July, 75 properties sold in Applecross, with sellers waiting a median of 55 days to sell. During the 12 months to December 2019, the median days to sell a house in Nedlands was 32 days and the median house price is $1.622 million. Picture: Lyn Gail. Floreat also recorded the highest number of sales on this list, with 91 houses sold in the 12 months to July. Its a small suburb with a 0.4-square-kilometre area, but its loaded with lots of food and entertainment options for you to enjoy in your downtime. 91 kilometres from the Melbourne CBD, and 12 kilometres from Hastings, it also has a relatively small population of 423. South Perths median house price comes to $1.27million for the last 12 months to October 2019 with an average of 80 days to sell from listing. Applecross has a suburban charm, offering residents some of Perths best Swan River and Perth City views whilst boasting some of citys most beautiful houses. Coming a tie for 5th place with Swanbourne for the most expensive suburb, Applecross shares a median price of $1.54million for the last 12 months to October 2019. Youll have relatively short commutes or maybe even be able to bike or walk to your workplace! Cottesloe is a perennial fixture on the most expensive suburbs list. Its a place that attracts thousands of tourists each year, but this doesnt hurt the suburbs reputation of being a relaxing and idyllic place to live in. During the 12 months to August, there were 69 houses sold in the stunning suburb. Dalkeith is Perth's most expensive suburb for the 12 months to July 2020. Leading the top 10 most expensive suburbs for houses in the 12 months to August 2021 is Dalkeith, with a median house sale price of $2.9 million. 116/181 Adelaide Terrace, East Perth. Picture: realestate.com.au/buy. The most expensive 25 per cent of homes have fallen 2.9 per cent since the end of March. How much commission do real estate agents really make? Peppermint Grove had the second-most expensive median house sale price in Perth, with the figure coming in at $2.897 million. The average age of residents is 20-39 years old, with 36% of them families and 64% . 1. City Beach is famous for its coastal front, popular beaches and stunning mansions. Please visit our advertising page to learn more and enquire about advertising with us. Those suburbs, starting from the most expensive, were Peppermint Grove, Dalkeith, Cottesloe, City Beach, Nedlands, Claremont, Swanbourne, Floreat and Mosman Park. Scroll down to see if your guess of the most expensive suburb matches the data: Kicking off the list is Claremont, with a median house price of $1.35 million. Rank . As we step into the golden triangle, here is Nedlands in at number 4 for the most expensive suburbs in Perth. Just six houses were sold over the past year, with the highest sale price during this time being $1,410,000. Crab Fest is back with delicious fresh food, cooking demos, celebrities, fireworks and FREE live entertainment. This suburb is perfectly idyllic with a wonderful view of the Western Australian coastline. The words Victoria Park may be commonly associated with the sports arena of the same name in Melbourne, but it also shares the name with this eastern Perth suburb. Peppermint Grove is sometimes called Australias Monaco. In the 12 months to July, 76 houses sold, with a median selling days of 41. The highest sale price during the last 12 months was for $11 million. According to Reiwa, it took an average of 71 days to sell after listing. Despite taking a hit in the post mining boom slump, Perth remains a favoured destination for those seeking great weather and a more laid-back lifestyle. Although Sydney gets plenty of attention as the most expensive city in Australia, Melbourne is still nonetheless an expensive city. 79% of Burswood of residents have parks within easy reach of their doorsteps, and 49% are near education facilities. Some of its past and current notable residents include the Fairfax family, Kerry Packer, James Packer, Lachlan Murdoch and Toni Collette. . Just ten properties were transacted over the last 12 months. Sea and tree changers are still driving regional property prices up, but the peak is over, More young Aussies are under extreme housing stress than babyboomers, AHURI and UNSW study finds, Melbourne joined the million-dollar club last year, with Sydney, Melbourne asking house prices have remained steady, The Mornington Peninusla, inner and eastern suburbs dominate the list, Luxury Holiday Homes at a Fraction of the Cost. It is local to a primary school, a high school, as well as being a 10-minute drive to the CBD and Fremantle in the south. Rounding out the top five most expensive Perth suburbs is City Beach with a median house price of $1.628 million. Rossmoyne is a 19-minute drive from the city centre or a 33-minute commute using public transport, and while 100% of residents have parklands within easy reach of their homes only 59% have education facilities in close proximity. Picture: realestate.com.au/buy. Burswood is situated on the Swan River directly across from the Perth central business district an 11-minute drive by car, or 27-minute commute using public transport. DALKEITH The most expensive suburb in WA for property, Dalkeith has been at the top for the last 12 months to July 2020 with a median sale price of $2.35 million, which represents growth of 4.4%. Just as Sydney has its Eastern Suburbs, which dominate the most expensive suburbs list there, and Perth has its western suburbs, Melbourne has its leafy eastern suburbs. Ranks 20th worst transcript ; Chapters ; Share ; Embed ; in playlist s. clip s. More from & Grow by likely to be victims of burglary and assault high ( years 7 to 10 ) schools Perth. Cottesloe is an idyllic place to live, situated along the stunning coastline of WA it reaps the benefits of relaxed and luxury living. While weve noted down the median house price for the suburbs above, its possible that youre looking to rent a place instead of owning a house. In the 12 months to July 2020,themedian sale price increased 7%, highlighting the demand for houses in the suburb. Claremont Kicking off the list is Claremont, with a median house price of $1.35 million. Living closer to the beach seems to tempt tenants since it's too good an opportunity . 1/49 Pearson Street. The sell rate is even quicker, only taking 46 days upon listing which is 30 days quicker than greater Perth. The highest sale price during this time frame was for $7,580,000. So where are the most expensive suburbs to buy in Perth? 41 houses were sold last year, as were 538 units. Coastal suburbs in Perth. Perth riverside suburbs feature heavily in the report, with East Perth followed by sought after suburbs Highgate, Ashfield, and Crawley. Perth. Counting down from 10, heres a list of Perths most expensive and valuable suburbs to live in according to Reiwas list of Perths priciest suburbs published in Oct 2019. In the heart of Perths western suburbs, Claremont has great proximity to the beach, CBD and river, and has a mix of character homes and newer properties. Churchlands is located approximately 8km north-west of the Perth CBD and is only a 15minute drive into town. Claremont Claremont is the sixth most expensive Perth suburb. The most expensive suburb in WA for property, Dalkeith has been at the top for the last 12 months to July 2020 with a median sale price of $2.35 million, which represents growth of 4.4%. Marine Parade is themain attraction and is where you will find many tourists and locals enjoying Cottesloe Beach, bars and restaurants. Weve listed down the best options for you. The neighbouring postcode of 2027 which. Peppermint Grove has a reputation as one of WAs most exclusive suburbs. PropTrack economists said the surge in immigration is contributing to the rental crisis, as most new arrivals are students. These are the places you really want to avoid, according to a new report. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. Searching for a cheap rental property? Its median house sale price came in at $1.85 million, which is a 42.3 per cent increase compared to the same time last year, making it the suburb with the biggest price growth on this list. During the 12 months to August, 89 houses were sold in Claremont. A beautiful suburb perched on the edge of the Swan River, Matilda Bay is a popular residential area. Picture: realestate.com.au/buy. Purchased by Mineral Resources founder, Chris Ellison for A$57.5 million in 2009, the expensive home is one of many located in the so-called millionaires' row. Single person estimated monthly costs: AU$2,983. The median house price for Leederville may be more than $1 million, but if youre looking at renting, prices range around $400$800 per week, which isnt bad for a suburb in a prime spot. The beachfront is the most popular feature of the suburb and attracts tourists all year round. Prefer us not to? The median sale price increased 7.9 per cent and it took a median of just 28 days to sell. However, when looking at the median house price, it may be a surprise to find Toorak ranks just seventh. 22 boutique apartments and 32 villas or townhouses within walking distance of amenities are the modern answer to an inner-city lifestyle that people can afford and therefore demand. Where is the best suburb in Perth to migrate to from the UK for a 35yr old couple starting a family? There have been just three houses sold over the past year. Claremont is centrally located within Perths exclusive Western Suburbs and is home to the iconic Claremont Showgrounds and Claremont Football Club. On the beach is the Indiana Tea House, which has a spa, a hotel, and restaurants. Home to 1,130 residents, it is located 104 kilometres from Melbourne. The turnover of properties in the suburb is just 0.95%. This prosperous harbourside suburb boasts prestige properties on leafy, tree-lined boulevards. Woodbridge is an inland suburb located 14 kilometres north-east of central Perth a 26-minute drive from the CBD, or 25-minute commute using public transport. The most inner-city suburb on this list is Albert Park, which is just three kilometres south of the Melbourne CBD. The fourth most expensive suburb to live in is City Beach with houses selling for an average of $2.2 million. In fact, the most expensive suburbs in Melbourne arent even eastern suburbs, The top is Main Ridge, which is located on the Mornington Peninsula. This reflects a relatively high turnover of 4.19%. It ranked second nationally with . The homes in the area are mostly contemporary, andmostly in the expensive bracket, not surprisingly. During the 12 months to December 2019, it took a median of 34 days for a house to sell, with 91 houses sold. Formerly known as Graylands, Mount Claremont has transformed over the years, with a mix of new housing estates and higher-density townhouse developments, along with many homes built in the 1940s and 50s. Dalkeith is home to some of Perths finest mansions and with a median house price of $2.28 million, its Perths second most expensive suburb. Fairhaven is a popular holiday destination, similar to the suburbs along the Mornington Peninsula. With a median house price of $4,788,300, Main Ridge is the most expensive suburb in Melbourne, despite being located 97 kilometres from the CBD. MOUNT CLAREMONT, Perth inner: $1,087 6. The tourist population adds to the price of living in the suburb, especially when it comes to properties by the beach. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Historically, Ashfield was a collection of railway houses and later became a hot spot for State-funded housing. This field is for validation purposes and should be left unchanged. aussieproperty.com Pty Ltd - ABN 47 169 499 496 trading as aussieproperty.com Queensland | QLD Real Estate License 4552361. for free property information, newsletters & exclusive invites to project launches, events & seminars, Global Power | Local Knowledge | Uniquely Personal. Houses sell for an average of $1.735 million, with 63 units being sold from August 2020 to 2021. Picture: realestate.com.au/buy. Crawley is adjacent to Kings Park, and offers 72% of residents close proximity to parklands and 76% of residents education facilities nearby. The stunning views of Perth and Swan River make Nedlands highly popular, with 140 houses sold from August 2020 to 2021. One homeowner notably sold their house for a profit of $70,000 in three months. Dalkeith is an affluent western suburb of Perth that basks in breathtaking views of the Swan River. A neighbouring suburb of Claremont, Swanbournes lifestyle and property is very similar. 1. 6. Personalised advertising: We show you more relevant advertising based on your activity. Additionally, it has multiple transit options with the Victoria Park train and bus stations, and you can also travel across the Causeway bridge. The presence of the Edith Cowan University and its Western Australian Academy of Performing Arts campus means theres an abundant student population, making the place full of youthful energy. Churchlands is a much sought after suburb. The central location of Claremont makes it a flourishing urban destination that appeals to many of Perths affluent population. Nedlands is just 7km from the city centre. To kick things off, we have Churchlands coming in at number 10 with a median house price of $1.26million for the last 12 months to October 2019. Just eight houses were sold last year. ABC Wide Bay Our sea levels have dropped by two meters in the last 5,000 years, and the Great Barrier Reef survived just fine. We see Cottesloe as the third most expensive place to live with an average house price of $2.65 million. Nedlands has some of the most expensive land areas in Perth. The climate in Swanbourne is slightly different from the rest of Perth, with locals enjoying Mediterranean style climate thanks to the ocean sea breeze in summer. When compared to the same time last year, Cottesloe recorded significant growth to its median house sale price, with the figure jumping 36 per cent. Bellevue Hill is the most expensive suburb in Australia with a median house price of $6.625 million, and Vaucluse is not far behind with a median of $6.3 million. You may want to know essential numbers about crime rates and demographic data before making your decision. The highest sale in the suburb over the past 12 months was $12,100,000. Picture: realestate.com.au/buy. Positioned next to Hyde Park, Highgate offer 70% of residents close proximity to parklands and 67% of residents easy access to education facilities. Another prestigious western Perth suburb makes its mark on the list, with its location being one of its biggest selling point. The ABS location database Australian Statistical Geography Standard 2016 was used for the calculations. The top ten sales in Perth for 2015 are the following. If youre a sucker for good food and photography, there are plenty of foodie hubs sprawled throughout South Perth, including Gusto Food, Halo Espresso and Atomic Espresso. Coastal suburbs are generally safer than city suburbs, but the former has higher median house prices, and it will also be a bit farther from the Perth CBD. It also has a stunning backdrop of the Perth City and Swan River. NT. That's compared to the cheapest quarter of the market which has seen values fall only 0.5 per cent. Perhaps one of the main reasons youve moved to Perth is because you want to live closer to the beach and enjoy some water activities like swimming, surfing, kayaking, or whale watching. During the 12 months to December 2019, the median days it took to sell a house was 60 and 65 houses were sold. Median house prices are $321,500 here, and grew +10.9 per cent over the past year, and you can expect rent of $400 per week with an annual rental yield of +6.5 per cent. Generic beach pic. During the 12 months to August, Peppermint Groves median house sale price declined 19.3 per cent and there were 34 houses sold in that time. Its home to multiple educational institutions such as the University of Notre Dame Australia, the Challenger Institute of Technology, and multiple public and private high schools, making it a good suburb for families to live in. Annual increase since 1989 of 7.44 % which ranks 20th worst sliding downwards in this growth suburb, according the! Mosmon Park is not only one of the most expensive suburbs in Perth, but it's also home to the most expensive house in Perth. Jobs People Learning Our list finishes with Applecross, one of Perths most expensive suburbs with houses averaging $1.6 million. Dalkeith is Perths most expensive suburb. Highgate is one of the best suburbs to live in if youre working in the area, as its an inner metro suburb of Perth. Only a 15minute drive from Perth, City Beach median house price comes in at $1.7million, making it Perths third most expensive suburb to live in. The highest price recorded was for a staggering $22,000,000. To put this into perspective, asking prices were hovering around the $900,000s from around 2017 to the pandemic. Riverside suburb Maylands is located on the banks of the Swan River four and a half kilometres north-east of the CBD an 11-minute drive, or a 28-minute commute by public transport. Floreat recorded 102 house sales during the 12 months to August, and 8.5 per cent price growth when compared to the same time last year. Note: Data has been filtereddata for areas recording at least 28 property sales in the 12 months to July 2020, which would explain the absence of Peppermint Grove. Canberra joined later too. 3. The homes in this exclusive suburb average around $1.61 million, with 151 houses sold from August 2020 to 2021. The report combines data from the ABS location database ranks suburbs based on a number of factors including proximity to the beach or a river, schools, and parks, plus transit times to the nearest CBD. 77 Chatsworth Road,Highgate. The suburb of Fremantle is surrounded by water all around it. Perth's most affordable suburbs . A house in Nedland's takes a median 26 days to sell, this shows property buyer demand and is also 16 days faster than any other Perth suburb. Although it remains a little rough around the edges, this area just north of the city center is full of hidden bars, vegan eateries, and designer boutiques. Peppermint Grove topped the list of Perths most expensive suburbs with a median price of $3.6 million, data from CoreLogic for the 12 months up to 30 April 2017 shows. Close to the city, but with that famous stretch of beach, Cottesloe residents can boast an enviable lifestyle. WHETHER its for stunning views or a relaxed lifestyle, location is key when it comes to Perths most expensive suburbs. The surf, sea and sun lifestyle is what attracts most residents. PIPA Chair, Nicola McDougall said there have been instances of people claiming to be qualified advisors, and even using fake credentials. During the 12 months to December 2019, 86 houses were sold in Applecross and the median days on market was 63 days. These new median prices are 5.3% higher for houses but 3.1% lower for units versus this time last year. COTTESLOE, Perth inner: $1,145 3. In this article, well take a look at 10 of Perths most expensive suburbs where the affluent live a luxe lifestyle. We can assist you with all aspects of buying, selling, renting and property management. Ashfield. For the purposes of this analysis, suburbs are ranked based on a number of factors including proximity to the beach or a river, schools, parks, plus transit and drive times to the nearest CBD. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. Located just under three kilometers from Perths CBD, bustling Leederville is a hip suburb where the median house price is $891,000 and the median unit price is $523,000. Busselton issituated 200 km to the south of Perth. REIWA has unveiled its top 10 most expensive suburbs for houses in Perth, with one waterside locale having a median price nudging the $3 million mark. 43 houses have been sold over the past year along with six units. This is the product that meets the cultural values of today, and this is the product type that will see growth going forward. Visit our Sydney Suburbs Crime Statistics page for a full statistical breakdown of crime rates for all major crime types in every suburb of Sydney per population. BlueWow A8 Macarons True Wireless Earbuds. Sydney's Double Bay in postcode 2028 took the the crown for the richest suburb with an average taxable income of $242,428 in the 2017-2018 financial year. Despite being around for decades, exposed aggregate remains an incredibly popular concrete finish. Dalkeith is one of Perth's most affluent suburbs, reflected in the stunning heritage buildings and huge mansions that line the waterfront. REIWA has unveiled its top 10 most expensive suburbs for houses in Perth, with two places having a median price of more than $2 million. Mount Lawley is one of the largest suburbs on this list and home to more than 11,000 people. City Beach lies just 10km from the Perth CBD and is renowned for its beautiful beaches and foreshore that is lined with cafes and restaurants. Picture: realestate.com.au/buy. Sir Charles Gardiner Hospital is one of many fine WA medical facilities. The highest sale price during the past year was $1,250,000. Now, the area is known for its affordable housing prices the median house price is $455,000. Deepdene was previously part of Balwyn. "Neighbouring. Swanbourne has a median house price of $1.7 million for the year to December 2019 with 57 houses sold during that time. In the day, get out your joggers and go for a stroll on Subis famous strip packed with heritage architectural sights, boutique stores, and cultural entertainment areas. These are Perths best lifestyle suburbs: Riverside suburb East Perth is situated on the banks of the Swan River located directly east of the CBD an eight minute drive by car to the city centre, or a 12-minute commute using public transport. 5. The mix of recreational facilities and residential units makes City Beach highly desirable. Established in the late 19th century, it has seen newer housing estates established in more recent years. All Rights Reserved. 1705/96 Bow River, Crescent Burswood. Perths seventh-most expensive suburb to buy a house is Swanbourne. Mosman Park is home to some of the most exclusive properties in Perth and reaps a prestigious lifestyle, with six schools, plenty of recreational facilities and idyllic coastal and riverside views that only few many can boast. Picture: realestate.com.au/buy 2. 99 charming houses were sold from August 2020 to 2021 in this beautiful suburban haven. 787 people live there, with many wealthy individuals owning property there such as Lindsay Fox, Eddie McGuire and the late Ron Walker. The median house price sits at $512,500 - with five local schools across primary and secondary levels plus plenty of parks, the area is great for growing families. The median house price in East Perth is $913,000 and the median unit price is $570,000, where 98% of residents have parklands within close proximity, and 27% have parklands within easy reach. Crawley is a great suburb for those who want to enjoy nature while enjoying the best of what city life has to offer. Hawthorne has climbed a couple of spots up the list of Brisbane's most expensive suburbs thanks to its $1.82 million average for houses and $634,000 for units. It may be sitting on the outskirts of the Perth CBD, but at just one kilometre away, there wont be much trouble getting to your destination. The price tag might break the bank but the beautiful landscapes, waterfront views and close proximity to entertainment precincts may just be worth it. Picture: realestate.com.au/buy. We strongly recommend that you obtain independent advice before you act on the content. During the 12 months to August, there were 69 houses sold in the stunning suburb. Shenton Park is well located with good public transport. Renting a house in the area is costly, with the average rent sitting at $800 each week. 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