Perth’s most expensive suburbs 2007 and 2017

Perth’s most expensive suburbs 2007 and 2017

ONE of the first news stories in the newly-launched Residential West looked at Perth’s most expensive suburbs.

The western suburbs dominated the 2007 ranking, claiming nine out of the 10 suburbs on the list.

It is worth noting that Peppermint Grove would have topped the list but the data excluded suburbs with less than 30 sales.

That year Dalkeith took out number one spot with a median house price of $2.65 million and a highest sales price of $18 million.

The average sales price increased 10.4 per cent over the 12 months.

With the exception of Swanbourne, all the other suburbs on the list also recorded median house price growth.

In 2018 the western suburbs is home to eight of Perth’s most expensive suburbs, with Applecross and Churchlands completing the list. Peppermint Grove had the highest median price of $3.475 million, followed by Dalkeith at $2.55 million.

While these suburbs were experiencing growth in early 2008, the advent of the GFC and slowing of the resources boom took their toll and locally only Peppermint Grove, Cottesloe, Nedlands, Swanbourne and Mt Claremont recorded small increases in their median house prices over the past 10 years.

PERTH’S MOST EXPENSIVE SUBURBS 2007
Suburb – Median house price
Dalkeith – $2,650,000
City Beach – $1,807,250
Cottesloe – $1,750,000
Applecross – $1,525,000
Nedlands – $1,512,500
Claremont – $1,367,500
Mosman Park – $1,310,000
Subiaco – $1,285,000
Mt Claremont – $1,285,000
Swanbourne – $1,237,500
Source: REIWA. For suburbs with more than 30 sales

PERTH’S MOST EXPENSIVE SUBURBS 2017
Suburb – Median house price
Peppermint Grove – $3,475,000
Dalkeith – $2,550,000
Cottesloe – $2,100,000
City Beach – $1,793,500
Applecross – $1,615,000
Nedlands – $1,600,000
Swanbourne – $1,526,000
Churchlands – $1,350,000
Claremont – $1,347,500
Mt Claremont – $1,310,000
Source: REIWA. For suburbs with more than 20 transactions in 2017.