House price growth heats up in 233 Perth suburbs during winter
Median house sale price growth occurred in 233 suburbs during Perth’s very wet winter this year.
REIWA President Damian Collins said winter in Perth was traditionally a quieter time for the local property market, so it was pleasing to see the median house sale price in so many suburbs had continued to increase.
“After a wet winter, it’s impressive that so many Perth suburbs recorded median house sale price growth between June and August,” Mr Collins said.
When comparing winter 2021 to winter 2020, reiwa.com data shows there were 104 more suburbs to record price growth this year versus last.
“The Perth property market has changed quite dramatically since winter 2020, which is reflected in the number of suburbs that saw price growth this year. The Perth property market is firmly in a recovery phase and many suburbs are feeling the benefits of this current growth cycle,” Mr Collins said.