Perth’s most expensive suburbs revealed

Perth skyline and Elizabeth Quay bridge at sunset, Western Australia, Australia.
Perth skyline and Elizabeth Quay bridge at sunset, Western Australia, Australia.

IT’S all about the lifestyle when it comes to Perth’s most expensive suburbs – leafy streets, stunning views and sprawling mansions.

Whether you’re all about the culture, entertaining or waterfront views, there are some idyllic options in Perth for those who can match the price tag.

This month REIWA has identified the 10 most expensive suburbs in which to buy a house (for suburbs with more than 28 sales) and it should come as no surprise that most of them are in the western suburbs, with only one south of the river.

Scroll down to discover the suburb which tops this year’s list of Perth’s most expensive suburbs.

10. Subiaco

Rounding out the top 10 most expensive Perth suburbs for houses is Subiaco.

With a median house price of $1.325 million, sellers in the area were waiting an average of 46 days to secure a buyer in the 12 months to April 2019.

Situated just four kilometres from Perth City, Subiaco is characterised by its culture, fruitful entertaining areas and heritage architecture.

Rokeby Road in Subiaco. Picture: Andrew Ritchie

9. Churchlands

Following closely behind Floreat is Churchlands with a median house price of $1.328 million.

Churchlands is approximately eight kilometres north-west from Perth City and features a range of local schools including Churchlands Senior High School and Newman College.

In the year to April 2019, it took sellers an average of 53 days to sell their house in Churchlands.

 

Floreat. Picture: Andrew Ritchie

8. Floreat

Next on the list is Floreat, which provides a beautiful suburban environment for its residents close to inner-city hubs.

The suburb features a range of iconic sporting facilities like the Western Australian Athletics Stadium, the headquarters of Rugby WA and Floreat Oval.

With a median house price of $1.341 million, sellers in Floreat were waiting an average of 37 days to sell their house in the year to April 2019, proving that the suburb is very popular among buyers.

7. Swanbourne

At number seven on the list is Swanbourne which has a median house price of $1.425 million.

Buyers in the area are quick to snatch up a house with sellers waiting an average of only 45 days in the 12 months to April 2019.

Buyers are drawn to Swanbourne’s lifestyle appeal and its desired location, having Stirling Highway to the east, Fremantle railway line to the south, the Indian Ocean to the west and only 10 kilometres from Perth City.

Buyers are drawn to Swanbourne’s lifestyle appeal.

6. Applecross

With a median house price of $1.525 million, Applecross is Perth’s six most expensive suburbs for houses for the year to April 2019.

Applecross is an affluent riverside suburb of Perth bound by the Canning Highway and Swan River.

The higher priced houses can be attributed to the suburb’s charming allure, with stunning homes and breath taking river-city views.

Sellers were waiting an average of 64 days to secure a buyer for their house in the year to April 2019.

Claremont is at the centre of Perth’s Western Suburbs.

5. Claremont

Rounding out the top five for Perth’s most expensive suburbs for houses is Claremont with a median house price of $1.538 million.

During the 12 months to April 2019, it was 21 days faster for sellers to sell their house in Claremont than it was in the Perth region.

Claremont features some of Perth’s most iconic fixtures, including Claremont Showgrounds and Claremont Quarter Shopping Centre.

The centre of Perth’s exclusive “Western Suburbs”, Claremont offers a beautiful leafy backdrop with Swan River views and well-placed parklands.

The suburb of Nedlands.

4. Nedlands

With a median house price of $1.55 million, Nedlands is the fourth most expensive Perth suburb.

With sellers waiting an average of 42 days to secure a sale for their house during the year to April 2019, the suburb proves to be in demand with buyers.

Some features to note in Nedlands include a yacht club, an abundance of recreational facilities and some of the finest medical facilities in the state.

It also neighbours the University of Western Australia, making it a high traffic area amongst students and young adults as well as families.

3. City Beach

At number three is City Beach with a median house price of $1.72 million.

Also situated along the coast, City Beach is an established residential, parkland and recreational suburb which is 10 kilometres from Perth City, giving residents the best of all worlds. In the 12 months to April 2019 it took an average of 68 days to sell a house in City Beach.

Cottesloe is one of Perth’s most expensive suburbs. Picture: Andre Ritchie

2. Cottesloe

Known for its relaxed beachside lifestyle and its close proximity to Fremantle and Perth City, it’s no wonder Cottesloe is such a desirable location.

Its median house price is $2.187 million makes it the second most expensive suburb for houses in Perth.

Those who sold their property in the year to April 2019 were waiting an average of 65 days, which is one week faster when compared to the Perth region average of 72 days.

1. Dalkeith

Dalkeith is Perth’s most expensive suburb for houses with its median house price sitting at $2.29 million.

Dalkeith’s higher prices can be attributed to the suburb’s visual appeal and enviable lifestyle. Dalkeith is known to home some of Perth’s finest mansions and being only six kilometres from Perth city, there’s not much you can fault about the beautiful leafy suburb.

In the year to April 2019, it took sellers an average of 46 days to secure a buyer – 26 days faster than the Perth region.

 

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