Some of its past and current notable residents include the Fairfax family, Kerry Packer, James Packer, Lachlan Murdoch and Toni Collette. The fourth most expensive suburb to live in is City Beach with houses selling for an average of $2.2 million. Picture: realestate.com.au/buy. Here youll find some of the largest and most aesthetically pleasing mansions with breathtaking river views along Jutland Parade and Victoria Avenue. Family of four estimated monthly costs: AU$6,241. 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. Floreat is home to the Australian Athletics Stadium, the headquarters of Rugby WA and Floreat Oval. A real estate agent can streamline your search to the specific features you want in a place and work within your budget, regardless of whether youre looking for a place to rent or a house to buy. 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%. Youll have relatively short commutes or maybe even be able to bike or walk to your workplace! 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. Arguably one of the best-known suburbs on this list is Portsea, with a median house price of $4,800,500. Coastal living wont be suitable for everyone, especially for young professionals working in the Perth CBD. On the beach is the Indiana Tea House, which has a spa, a hotel, and restaurants. 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. 22 Chatham Road, Woodbridge. Next on the list is the inner-western suburb of Perth home to University of Western Australia and some of the states finest medical facilities. The median house rent has increased by 79% over the past year to $1,302 weekly. City Beach is a coastal suburb featuring some of Perths largest homes and it offers a mixed-use residential and recreational lifestyle. The median days to sell was just 29 days, which is the lowest selling time out of all the suburbs on this list. MOUNT CLAREMONT, Perth inner: $1,087 6. 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. Across Australia, house values . This article is a summary of 'Reiwa's list of Perth's most expensive suburbs' on PerthNow, Disclaimer | Privacy Policy / Terms & Conditions. Some of Perth's finest property and landmark views are in Dalkeith. The number of recreational facilities, schools, and scenic views makes this area relaxed yet prestigious. REIWA has unveiled its top 10 most expensive suburbs for property in Perth, with suburbs in and around the 'golden triangle' featuring highly. In the early 2010s, they were in the $600,000s. Picture: Lyn Gail. Narrabundah is one of Canberra's most diverse suburbs. Matilda Bay. The suburb has good proximity to Perths city centre and Subiaco, and families will love its great parks. Picture: realestate.com.au/buy. We can assist you with all aspects of buying, selling, renting and property management. Those suburbs, starting from the most expensive, were Peppermint Grove, Dalkeith, Cottesloe, City Beach, Nedlands, Claremont, Swanbourne, Floreat and Mosman Park. We collected data to give you the number of preschools, primary schools, high schools, universities, and colleges. 19 houses were sold over the past year, representing a turnover of 4.2%. Personalised advertising: We show you more relevant advertising based on your activity. Many of these are well known as being notoriously expensive, especially Toorak. Units are most expensive in Bayview at a median price of $547,739. 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. For education, it is well covered and has a primary school, high school and is only a 10-minute drive from the Perth CBD and Fremantle in the south. Weve collected pertinent data we think will be most helpful to you. To put this in perspective, asking prices hovered around $900,000 from around 2017 through the pandemic. Here's the breakdown: Canberra ($681 per week) Sydney ($679 per week) Darwin ($594) Brisbane ($588 per week) Perth ($553 per week) Hobart ($552 per week) Adelaide ($518 per week) Melbourne ($507 per week) Melbourne officially remains Australia's most-affordable capital city for renters, according to December quarterly figures. In the 12 months to August, 99 houses were sold in Applecross. The price tag might break the bank but the beautiful landscapes, waterfront views and close proximity to entertainment precincts may just be worth it. According to Reiwa, it took an average of 71 days to sell after listing. 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. 146 houses have been sold over the last 12 months, along with 26 units. One homeowner notably sold their house for a profit of $70,000 in three months. 10. The suburb boasts great schools and greenery, while enjoying the benefits of being near the city centre. 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. It's not hard to see why it's a popular choice for the upper middle class set, with the Swan River bounding three sides of it, huge blocks of land and some of the city's leafiest, greenest streets. Determining how much does it cost to concrete a driveway is similar to working out how much it will cost to build a house. 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. Crawley is a great suburb for those who want to enjoy nature while enjoying the best of what city life has to offer. . Opt Out of personalisation. If youre looking for a spectacular spot to watch the fireworks on New Years Eve, Heathcote Reserve is a prime location to setup camp. aussieproperty.com Pty Ltd - ABN 47 169 499 496 trading as aussieproperty.com Melbourne | VIC Real Estate License 080303L. Well located with great public transport, Shenton Park features renovated heritage homes. The median house price currently stands at $3.88 million, with apartments at a median price of $800,000. The suburb is known for its hobby and produce farms. Picture: realestate.com.au/buy. Top 10 Most Expensive Suburbs in Perth, Australia - YouTube 0:00 / 3:53 Top 10 Most Expensive Suburbs in Perth, Australia No views Jul 22, 2022 Top 10 Most Expensive. 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. Fairhaven is a popular holiday destination, similar to the suburbs along the Mornington Peninsula. More than 230 suburbs across Perth have recorded median house sale growth over winter. Claremont Kicking off the list is Claremont, with a median house price of $1.35 million. Neighbouring Cottesloe, Swanbourne is the centre of the prestigious western suburbs. "Neighbouring. This is a 4.1 per cent increase in the 12 months to July 2020, suggesting house values are on the rise. 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. We may earn a commission on products you buy through our links, but we only recommend products we actually 5. Notable residents include the Minogue family and former Liberal Party leader the late Andrew Peacock. Freo favourite set to expand on Cappuccino Strip, Survey sees call to bring Nedlands into the 21st century, Get your tickets for Perths most celebrated social event, Ripple effect: Footballers reflect on horror bombings, West Australian Newspapers Limited 2023. Historically, Ashfield was a collection of railway houses and later became a hot spot for State-funded housing. 1. 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 suburb was established in the 1940s and is 97 kilometres from Melbourne. Bound by the Swan River to the east and the Indian Ocean to the west, North Fremantle is located 13 kilometres from the CBD a 28-minute drive from central Perth, or 37-minute commute using public transport. These are the 10 most expensive suburbs in Australia right now. 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. 448 houses were sold last year, along with 136 units, representing a 3.9% turnover. The attractive suburb boasts one of Perths most popular beaches, with breathtaking views of the coastline along Marine Parade. It is also the suburb with the most house sales on this list, with 124 houses sold during that time. Located 65 kilometres from Melbourne on the Mornington Peninsula is Balnarring Beach, home to just 471 residents. How Much Does A Conveyancer Cost in Australia? February 27, 2023 new bill passed in nj for inmates 2022 No Comments . These include the headquarters of Rugby Western Australia and the Australian Athletics Stadium. Nedlands is home to excellent universities and outstanding medical institutions. We got data from the Perth Crime Map and noted the crime rate per 100 people. Renting a house in the area is costly, with the average rent sitting at $800 each week. NSW Investment Properties Pty Ltd - ABN 82 160 527 159 - trading as aussieproperty.com Sydney | NSW Real Estate Licence 10015774. aussieproperty.com Pty Ltd - ABN 47 169 499 496. 108 houses were sold from August 2020 to 2021, making the coastal suburb quite popular among buyers. There have been just three houses sold over the past year. Picture: realestate.com.au/buy. If youre after a morning cuppa with lakeside views of Herdsman Lake, youll want to be situated on Lakeside Drive. This rate, of course, is relative to a suburbs population, so its essential to take into account the population rate of the suburb as well. Classed as the best of both worlds, City Beach is everything youd want from a coastal suburb. 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