CLAREMONT had the highest number of sales for the four weeks to October 31, with REIWA recording 23 sales in the suburb.
LJ Hooker Claremont sales associate John Hunter said they were seeing strong demand from out-of-suburb, aspirational buyers looking to move into the area.
“The gap to buy a better house on a quieter street in a more expensive suburb has started to close, making buying in Claremont more affordable,” he said.
“Buyers are aware of this and are lining up to buy in the area and there are not enough homes on the market to keep up with how quickly they are selling in Claremont.”
Mr Hunter said the location and amenities, particularly local schools, were big drawcards for buyers.
“Claremont has some of the best schools in the state and buyers are actively searching for good quality homes, close to either primary or secondary schools,” he said.
Read the latest information on the local market in REIWA’s suburban snapshot on page 4. n