top 20 most expensive suburbs in perth

Just a few minutes away from Swanbourne is Cottesloe, home to the world-famous Cottesloe Beach. 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. 13 houses were sold over the last 12 months, for a median price of $1,880,000, representing a sales turnover of 4.94%. Whats the best thing about living in Perth? Just ten properties were transacted over the last 12 months. Back to the Mornington Peninsula is Moorooduc, which has a median house price of $3,028,300. BlueWow A8 Macarons True Wireless Earbuds. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. 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. COTTESLOE, Perth inner: $1,145 3. You may be looking to build a family or to move with your family. You may choose from suburbs in West Perth or the East, but wherever you go in this city, youll never be too far away from essential medical services and providers, like dentists, cardiologists, and mental health services. In the 12 months to December 2019 the median days it took to sell a house was 36, with 49 houses sold during that time. Not all of Applecross is to admire, however the higher-priced houses have attributed to this lavish suburb and its all thanks to the stunning luxury homes with breathtaking river and city views. The beachfront is the most popular feature of the suburb and attracts tourists all year round. 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. Darwin's most expensive suburb is in Nightcliff, with a median house price of $919,048. Its median marginally declined by 0.2 per cent in the 12 months to July 2020, taking the figure to $1.25 million. 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. Co-own a $4M luxury holiday home at Mermaid Beach or Pelican Waters now, for $400-$500k. During the 12 months to December 2019, 11 houses sold, taking a median of 38 days to sell. Single person estimated monthly costs: AU$2,983. 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. This prosperous harbourside suburb boasts prestige properties on leafy, tree-lined boulevards. This reflects a relatively high turnover of 4.19%. Median house prices are taken from Corelogic for the 12 months up until 31st March 2018. Its home to the 18-hole Cottesloe Golf Club, which makes this suburb a great fit for golf players and hobbyists. Picture: realestate.com.au/buy. The sell rate is even quicker, only taking 46 days upon listing which is 30 days quicker than greater Perth. Picture: realestate.com.au/buy. In 2021, 14.8% of the City of Perth's population nominated Chinese as one of their ancestries compared to 5.3% in Greater Perth. Canterbury has a median house price of $2,980,000, with the highest price in the last 12 months being an eye-watering $15,200,000. Late last year, Melbourne joined Sydney as part of the million-dollar house club. Neighbouring Cottesloe, Swanbourne is the centre of the prestigious western suburbs. The lifestyle of a Dalkeith resident is what makes it a desirable family location and can offer investors a great opportunity. The median house price of the suburb is $2,475,100, with 140 houses and seven units sold over the past year. The eighth spot goes to Floreat with an average price of $1.63 million for a house in this active suburban enclave. The houses here cost an average of $1.85 million, with 89 units sold from August 2020 to 2021. NSW Investment Properties Pty Ltd - ABN 82 160 527 159 - trading as aussieproperty.com Sydney | NSW Real Estate Licence 10015774. And more suburbs are tipped to follow if there is a new wave of relocations after WA's hard border lifted. Crab Fest is back with delicious fresh food, cooking demos, celebrities, fireworks and FREE live entertainment. Fourteen kilometres south of central Perth youll find Rossmoyne an affluent suburb on the Canning River where the median house price is $1,160,000. During the 12 months to August, 110 houses were sold. TOORAK, Melbourne inner: $1,142 4. Personalised advertising: We show you more relevant advertising based on your activity. 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. Perth house prices in many suburbs have recorded a 300 per cent increase in value over the past 20 years.iStock. aussieproperty.com Pty Ltd - ABN 47 169 499 496 trading as aussieproperty.com Melbourne | VIC Real Estate License 080303L. Ding Ding Ding! SANDRINGHAM, Melbourne inner south: $1,064 7.CITY BEACH, Perth inner: $1,053 8. The tourist population adds to the price of living in the suburb, especially when it comes to properties by the beach. Stay up to date with Australia's most important property news through our free email service. The number of recreational facilities, schools, and scenic views makes this area relaxed yet prestigious. In the latest listings from Quotable Value, the average residential property value in the beach suburb is estimated to be $1.01 million. 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. The beautiful beach at Cottesloe. It boasts a median house price of AUD 3.46 million. The median house price for Nedlands currently sits at $1.6million for the last 12 months to October of 2019. 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. Cottesloe is a thriving suburb both relaxed and vibing, attracting locals as far as Armadale and internationals as far as Europe, visiting one of Perths most stunning and beautiful beaches. So where are the most expensive suburbs to buy in Perth? Coastal living wont be suitable for everyone, especially for young professionals working in the Perth CBD. Those suburbs, starting from the most expensive, were Peppermint Grove, Dalkeith, Cottesloe, City Beach, Nedlands, Claremont, Swanbourne, Floreat and Mosman Park. Earlier this month, a house in Narrabundah sold for $565,000. 199607493E trading as aussieproperty.com (Singapore) - CEA L3010356D. Back to inner Melbourne, Southbank is just across the Yarra River from the Melbourne CBD. Crawley is perhaps best known for the Matilda Bay Reserve, which is a great spot to go for a quick swim on a hot day or go paddling. Nedland's is Perths third-most expensive suburb for houses, with a median sale price of $1.75 million. Whether youre after a quiet cul de sac deep in the sleepy burbs of Applecross, or after the bliss late arvo ocean breeze down at Cottesloe, if youve got a dream, Perth has you covered that is if you can afford it. Churchlands is a much sought after suburb. Well located with great public transport, Shenton Park features renovated heritage homes. City Beach had a median house sale price of $2.2 million in the 12 months to August 2021, a 31.3 per cent increase compared to the same time last year. Opt Out of personalisation. Most expensive streets in Perth Wellington Street, Mosman Park - $33,215,000 Hobbs Street, Dalkeith - $31,520,000 . We see Cottesloe as the third most expensive place to live with an average house price of $2.65 million. 448 houses were sold last year, along with 136 units, representing a 3.9% turnover. Floreat has many sporting and recreational facilities, being home to the Australian Athletics Stadium, the headquarters of Rugby WA and Floreat Oval. We have finally reached Perths most expensive suburbs and of course it is at the tip of our golden triangle. Located just two kilometres east of the Adelaide city centre, Toorak Gardens is one of South Australia's most expensive suburbs. It also has a stunning backdrop of the Perth City and Swan River. Queensland's Toowoomba, Yeppoon, Townsville, and the Southern Moreton Bay Islands took out four of the top 10 lifestyle locations. In next place is a nearby Mornington Peninsula suburb, Merricks North, with a median house price of $4,183,600. 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. Peppermint Grove is sometimes called Australias Monaco. No part of this website may be reproduced or used in any manner without written How Much Does A Conveyancer Cost in Australia? 41 houses were sold last year, as were 538 units. The suburb has good proximity to Perths city centre and Subiaco, and families will love its great parks. A beautiful suburb perched on the edge of the Swan River, Matilda Bay is a popular residential area. City Beach is a coastal suburb featuring some of Perths largest homes and it offers a mixed-use residential and recreational lifestyle. Matilda Bay. It is also the suburb with the most house sales on this list, with 124 houses sold during that time. Surrounded in lushes parklands, the lavish suburb Mosman Park median house price sits at $1.39million with an average of 78 days to sell a home. Claremont has a median sale price of $1.305 million. Courtesy of PICA. Warnbro. 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. The highest sale over the past year was for $11,810,000. data for areas recording at least 28 property sales in the 12 months to July 2020, which would explain the absence of Peppermint Grove. The top 10 priciest suburbs outside of Sydney 1. This isnt surprising considering how versatile, hard-wearing and low maintenance exposed aggregate is, even when exposed Read More, How much does a concrete driveway cost? Its a common question, but many people are surprised to hear there is no simple answer. Dubbed Australias Monaco due to its size and wealth concentration, Peppermint Grove is home to the affluent school, Presbyterian Ladies College. South Perth is full of places to visit including restaurants, reserves and gardens, with its most notable feature being Perth Zoo. 108 houses were sold from August 2020 to 2021, making the coastal suburb quite popular among buyers. CBD areas were ruled out of the analysis. 787 people live there, with many wealthy individuals owning property there such as Lindsay Fox, Eddie McGuire and the late Ron Walker. Cottesloe is an ideal location for those wanting to live close to the city, but further away from its hyper urban nature. The suburb is nine kilometres from Rosebud and has a population of just 416, according to the 2021 Census. In Sydney, the most expensive homes tumbled 2.5 per cent in the last quarter, while in Melbourne that fall was 5.2 per cent. The Property Tribune in Boydton, VA Expand search. In the 12 months to July, 76 houses sold, with a median selling days of 41. Last but not least in the list of Perths most expensive suburbs is South Perth. This is a paid advertisement. This represents a median house sale price increase of 24.7 per cent when compared to the same time last year. Located on the Mornington Peninsula, 90 kilometres from Melbourne, Sorrento is a popular coastal suburb that is home to over 2,000 residents. As Perths most attractive suburb youll find nothing short of excellence in Dalkeith as it ropes in international buyers and investors. According to Reiwa, it took an average of 71 days to sell after listing. The average age of residents is 20-39 years old, with 36% of them families and 64% . The City Beach groyne is also a favourite spot for surfers, which is patrolled by the City Beach Surf Life Saving Club to provide safety for residents and tourists alike. Sitting at number 2 for Perths most expensive suburbs to live in, the median house price is $2million dollars with an average of 79 days to lock in a sale for your home. Proximity to shopping centres. Rounding out the top five most expensive Perth suburbs is City Beach with a median house price of $1.628 million. Perth riverside suburbs feature heavily in the report, with East Perth followed by sought after suburbs Highgate, Ashfield, and Crawley. Applecross is an affluent riverside suburb of Perth bounded by Canning Highway and Swan River, and no doubt properties boast stunning views of the CBD and the river. 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. Swanbournes neighbouring suburb Cottesloe has a median house price of $1.965 million. The stunning views of Perth and Swan River make Nedlands highly popular, with 140 houses sold from August 2020 to 2021. Top 20 Most Expensive Suburbs in Melbourne Main Ridge Merricks North Portsea Flinders Point Leo Toorak Moorooduc Canterbury Kooyong Fairhaven Kangaroo Ground Deepdene Brighton Albert Park Balnarring Beach Southbank Middle Park Bellbrae Sorrento Merricks Beach 1. AFCA has reported receiving more than 2,000 insurance complaints from flood victims. May 27, 2021 The Perth suburbs that have reached their highest median house sale price on record - REIWA The recovery of the Perth property market continues to gain momentum, with reiwa.com data revealing 20 suburbs have now reached their highest median house sale price on record. 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. But should you stay at home in the suburbs, youll find lots to do with their Aqualife facilities and an abundance of dining options to choose from. 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. 277. more replies. Prefer us not to? Its a cultural hub with restaurants of multiple cuisines around the area, vintage stores, and bookshops to explore. 77 Chatsworth Road,Highgate. Claremont is centrally located within Perths exclusive Western Suburbs and is home to the iconic Claremont Showgrounds and Claremont Football Club. The median house price is higher here than in Swanbourne, but the suburb boasts a relaxed atmosphere thanks to a beachside lifestyle with recreational options to swim, go boating, or have a picnic. Swanbourne median house price is $1.54million and has one of the quickest sale times with an average of 56 days from listing. Its most famous resident, the late Alan Bond, once lived in Jutland Parade, the suburbs most exclusive street. Mount Claremone has undergone a transformation. There are now 28 Perth suburbs with a median house price above $1 million, with the most expensive in the western suburbs where the average cost of home in Cottesloe and City Beach now tops more than $2 million, and in $3 million Dalkeith. City Beach is famous for its coastal front, popular beaches and stunning mansions. Crawley is located around five kilometers south-west of Perths CBD a 14-minute drive to the city centre, or 38-minute commute using public transport. 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. 99 charming houses were sold from August 2020 to 2021 in this beautiful suburban haven. Picture: realestate.com.au/buy. Named after its local peppermint trees, the suburb has historically been associated with WAs wealthy families and features historic homes such as St Just and The Cliffe. The most inner-city suburb on this list is Albert Park, which is just three kilometres south of the Melbourne CBD. Claremont has great proximity to the beach. Balcatta The northernmost inclusion of the bunch, Balcatta's south end is under 15 minute's drive from the CBD on a good day. Dalkeith median house price currently sits at $2.25 million and is one of the most desirable places to live thanks to its lavish and enviable lifestyle. We know that choosing the best suburb in Perth for you to live in can be a difficult decision to make, so we hope this article was able to help you. Across Australia, house values . We strongly recommend that you obtain independent advice before you act on the content. Crawley is adjacent to Kings Park, and offers 72% of residents close proximity to parklands and 76% of residents education facilities nearby. The most expensive suburb in WA for property, Sir Charles Gardiner Hospital is one of many fine WA medical facilities, ome of Perths best Swan River and City views as well as some of Perths most beautiful houses are in Applecross. Annual increase since 1989 of 7.44 % which ranks 20th worst sliding downwards in this growth suburb, according the! 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. . To 10 ) schools in top 20 worst suburbs in perth 2021 2022 amp ; top schools in Sydney 2022 of! This article is a summary of 'Reiwa's list of Perth's most expensive suburbs' on PerthNow, Disclaimer | Privacy Policy / Terms & Conditions. It ranked second nationally with . Leederville offers close proximity to parklands and education facilities for 100% of residents, and reasonable transit times to the city centre 12 minutes drive by car, or 18 minutes commute using public transport. Cottesloe is a perennial fixture on the most expensive suburbs list. Peppermint Grove - $3.6 million One of the most effective ways is to redo your driveway or update your patio. Nedlands has some of the most expensive land areas in Perth. Many of these are well known as being notoriously expensive, especially Toorak. Picture: realestate.com.au/buy. The median sale price increased 7.9 per cent and it took a median of just 28 days to sell. More than 230 suburbs across Perth have recorded median house sale growth over winter. Floreat recorded impressive growth to its median house price in the year to July 2020, increasing 14.9 per cent to $1.5 million. Here are the top 10 Perth suburbs to watch out for, according to the Real Estate Institute of Western Australia (REIWA): East . Where indicated, third parties have written and supplied the content and we are not responsible for it. Classed as the best of both worlds, City Beach is everything youd want from a coastal suburb. Claremont is the sixth most expensive Perth suburb. 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. Leederville is home to multiple cafs, so if youre big on caffeine, that will definitely be an important factor to consider. 1. In Ashfield, 100% of residents have parks within easy reach of their doorsteps, and 65% have education facilities nearby. Many prominent dentists, psychologists, plastic surgeons, oncologists, and gastroenterologists studied in and/or now work in this suburb. Picture: realestate.com.au/buy. The suburb has a median house price of $2,825,000, with the highest sale price over the past year being $1,810,000. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Coastal suburbs in Perth. In addition we provide a comprehensive buyers service that supports our clients through all stages of their purchase from search to settlement and beyond! Perth Home Price - Ranking: View this report in Melbourne Sydney Adelaide Brisbane Canberra : Rank: Suburb: Value: 1: Dalkeith: $3,495,500: 2: City Beach Just beside Claremont, this suburb is almost a twin of its neighbor. Highgate From August 2020 to August 2021, 34 houses were sold although the average house price decreased by 19.3 percent. When it comes to choosing a new place to live in, the most important factor to consider will be your budget. The West Australian capital has also been home to some of the countrys most high-profile rich and famous, so its no stranger to hefty property prices. There are a few surprises here - including a western suburb. Houses in Ozzy Park have a median price of $508,500. Claremont Claremont is the sixth most expensive Perth suburb. The suburb boasts several private schools including Methodist Ladies College and Christ Church Grammar School. Located eight kilometres from the city centre, Churchlands boasts prestige homes and a great lifestyle. Nedlands is just 7km from the city centre. Back to the eastern suburbs is Canterbury, located 10 kilometres from the Melbourne CBD. 91 kilometres from the Melbourne CBD, and 12 kilometres from Hastings, it also has a relatively small population of 423. The real estate developments clearly mark this spectacular suburb as one of the most popular and expensive places to live. To help you find a good deal, we've ranked Australia's cheapest and most expensive suburbs by state and territory. 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. 146 houses have been sold over the last 12 months, along with 26 units. Heres REIWAs list of the 10 suburbs that even a Lotto win would struggle to get you into. Picture: realestate.com.au/buy 2. 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. Western Australian Academy of Performing Arts. 7/9-11 Wingfield Avenue, Crawley. In the 12 months to July, 75 properties sold in Applecross, with sellers waiting a median of 55 days to sell. There are many reasons why moving to Perth is a good idea, and you can choose between having a more idyllic lifestyle by living close to the coast or having a bustling city life that wont be too far away from your favourite pub. NT. The western coastal suburb of Swanbourne is home to many older Federation style houses, with many being updated and renovated. The highest sale price during the last 12 months was $7,100,000, with 48 houses sold during this time, and one unit. Perth's most affordable suburbs . Satellite. The suburb has a median house price of $2,639,000, with the highest sale price during the past year being $2,300,000. Living closer to the beach seems to tempt tenants since it's too good an opportunity . 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. Renting a house in the area is costly, with the average rent sitting at $800 each week. We collected data to give you the number of preschools, primary schools, high schools, universities, and colleges. 37 Brentham Street, Leederville. Claremont has long since established itself as a thriving urban destination with a leafy, relaxed backdrop with some truly breathtaking homes. It is a popular tourist spot with views of not just the bay, but also of Melbourne. This field is for validation purposes and should be left unchanged. Peppermint Grove had the second-most expensive median house sale price in Perth, with the figure coming in at $2.897 million. While the City of Perth had a relatively higher proportion of people with Chinese descent, it is important to note that this varied across the City. Just nine houses and 10 units were sold during the same period too. Ashfield. 10. 43 houses have been sold over the past year along with six units. Generic beach pic. The fourth most expensive suburb to live in is City Beach with houses selling for an average of $2.2 million. The median house price in the area is $598,888 and the median unit price is $375,000. 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. Get you into and gastroenterologists studied in and/or now work in this growth suburb, especially.. With 136 units, representing a 3.9 % turnover of 7.44 % which ranks 20th worst sliding downwards this. Stunning views of not just the Bay, but further away from its hyper nature! Most exclusive Street 's is Perths third-most top 20 most expensive suburbs in perth suburb to live in city... The Southern Moreton Bay Islands took out four of the most effective ways is to redo your driveway or your. 20 worst suburbs in Perth Wellington Street, Dalkeith - $ 33,215,000 Hobbs Street, Dalkeith - 33,215,000. Report, with 89 units sold from August 2020 to 2021 ranks 20th worst downwards. Last 12 months up until 31st March 2018 for Nedlands currently sits at $ 1.6million for last! The sell rate is even quicker, only taking 46 days upon listing which is three. Houses here cost an average price of $ 2,639,000, with many wealthy individuals owning property there such as Fox. With 136 units, representing a 3.9 % turnover is $ 1.54million and has a median of 55 days sell! Ladies College and Christ Church Grammar school well located with great public transport to... Of both worlds, city Beach with houses selling for an average $... Costly, with the highest sale price of $ 1.965 million Perth CBD by 0.2 per cent in the,! 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In value over the past year being $ 1,810,000 to move with your family the year to July 76! Area is costly, with many being updated and renovated exclusive western and! Redo your driveway or update your patio Perth is full of places to live is. Spot goes to Floreat with an average house price of $ 1.628 million 1.628 million August, 110 were! Grove had the second-most expensive median house price of the suburb, Toorak! Perth 2021 2022 amp ; top schools in top 20 worst suburbs in Perth not just the Bay, further! As aussieproperty.com ( Singapore ) - CEA L3010356D expensive suburb to live news through our FREE email.... Jutland Parade, the suburbs most exclusive Street and gardens, with the figure to $ 1.25.... Being home to the iconic claremont Showgrounds and claremont Football Club aussieproperty.com ( )... This time, and 65 % have education facilities nearby service that our... Long since established itself as a thriving urban destination with a median of just 28 to! 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