20 Perth Suburbs Grow By 10% Or More This Year
The western capital’s property market is on its way to recovery.
2 min
As an indication of just how hot the property market is right now across Australia’s capitals; 20 Perth suburbs have recorded a median house sale price growth of 10% or more in 2021.
According to Real Estate Institute of Western Australia (REIWA) President Damian Collins, those figures have met or surpassed forecasting for 15% price growth in Perth by the end of the 2021 calendar year.
“A total of 20 suburbs have seen their median house sale price increase by 10 per cent or more since the start of the year.
“Bicton has experienced the strongest price growth in the first four months of the year, with its median house price increasing 20 per cent to $1.14 million between 31 December 2020 and 30 April 2021. This was followed by North Beach (up 17 per cent to $1.05 million), Sorrento (up 16 per cent to $1.118 million), and Applecross (up 15 per cent to $1.79 million),” Mr Collins said.
The data, courtesy of reiwa.com, reveals that growth suburbs come from both sides of the curve with nine suburbs beneath Perth median house sale price of $508,000 and 11 above – eight of those in the $1 million-plus price range.
“The recovery of the market is widespread across Greater Perth. Six to eight months ago it was mainly the higher end of the market showing strong growth, but now we are seeing movement across the board,” Mr Collins said.
See the full list of suburbs below:
| SUBURB | MEDIAN HOUSE SALE PRICE DEC 2020 | MEDIAN HOUSE SALE PRICE APR 2021 | PERCENTAGE CHANGE |
|---|---|---|---|
| 1. Bicton | $950,000 | $1.14 million | 20% |
| 2. North Beach | $900,000 | $1.05 million | 17% |
| 3. Sorrento | $960,000 | $1.118 million | 16% |
| 4. Applecross | $1.56 million | $1.79 million | 15% |
| 5. Claremont | $1.503 million | $1.7 million | 13% |
| 6. Medina | $230,000 | $260,000 | 13% |
| 7. Maddington | $283,500 | $320,000 | 13% |
| 8. Palmyra | $635,000 | $715,000 | 13% |
| 9. Coodanup | $292,550 | $329,000 | 12% |
| 10. Attadale | $1.165 million | $1.3 million | 12% |
| 11. Parmelia | $247,000 | $275,000 | 11% |
| 12. City Beach | $1.8 million | $2 million | 11% |
| 13. Wembley Downs | $975,000 | $1.08 million | 11% |
| 14. Como | $850,000 | $940,000 | 11% |
| 15. Darlington | $620,000 | $685,000 | 10% |
| 16. Orelia | $240,000 | $265,000 | 10% |
| 17. Redcliffe | $399,000 | $440,000 | 10% |
| 18. Bertram | $335,000 | $369,000 | 10% |
| 19. Brookdale | $252,000 | $277,500 | 10% |
| 20. Girrawheen | $300,000 | $330,000 | 10% |
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
2 min
Former Aussie Rules player Jeff Chapman’s dream beach house, which has had its praises sung by The Independent in the UK, is back on the market with a revised – and more competitive – price guide.
The contemporary pavilion-style residence Alinghi, created by celebrated architect James Grose, was voted one of the top five beach houses in the world by the British newspaper and has been operating as a luxury holiday rental earning up to $7000 a week.
The one-time Melbourne forward and founder of Bennelong Funds Management, and his wife Carena Shankar, listed the five-bedroom getaway back in mid 2024 with hopes of about $8 million. The prestige property is now back with new agent Pauline Karatau of Ray White New Farm and the amended guide now sits at $6.5 million.
As part of the private 5ha Rocky Point estate, at the southern end of the Great Barrier Reef overlooking Honeymoon Bay, the glamorous holiday home shares not only a private beach with just four other neighbours, but also a 30m saltwater pool, a full-size tennis court, a beach cabana with barbecue facilities and a full-time live-in caretaker on site.
Alinghi seemingly floats against the cliffs of North Queensland’s Capricorn Coast consisting of two pavilions and shallow reflections pools for ultimate serenity. Residence number 5 is home to a two-storey main pavilion with large living spaces spilling onto semi-enclosed areas framing enviable ocean views. Upstairs there are four bedrooms, including two with ensuites. The second pavilion is a private retreat housing the main bedroom suite with an additional study or wellness space.
Crafted by Grose to leave minimal impact on its natural environment, the house features external materials sourced locally including rich cedar, plus glass and Travertine stone specifically chosen to blend and weather with the landscape over time.
The low maintenance property is also relatively self sufficient thanks to water tanks collecting the region’s abundant rainfall. Despite it’s northern Queensland address air-conditioning is an after-thought due to the clever cross-ventilation design principles and deliberate orientation capturing ocean breezes that flow through the large footprint.
Alinghi’s external lightning has also been carefully designed to be low voltage with minimum impact upon the local wildlife including wallabies, echidnas, goannas, turtles and even a diverse range of native birds. From the private terraces throughout winter, homeowners can also track the migratory whales.
Alinghi is a 90-minute drive away from Agnes Waters and its sister town of 1770 (also known as Seventeen Seventy). It is approximately 120kms from Bundaberg, which is home to a well-serviced domestic airport.
Alinghi is listed for sale with a price guide of $6.5 million via Ray White New Farm agent Pauline Karatau on 0418 733 773.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
