More Than 80 Perth Suburbs Record December Growth
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More Than 80 Perth Suburbs Record December Growth

Experts tip the ascendant trend will continue well into 2022.

By Terry Christodoulou
Tue, Jan 11, 2022Grey Clock < 1 min

A total of 83 suburbs rose as much as 6.2% in December 2021 with CoreLogic’s Perth home value index climbing 0.4% in the final month of 2021 and the Real Estate Institute of Western Australia (REIWA) recording the city’s median house sale price as $520,000.

The final uplift of the year saw home values increase 12.1% across 2021 in Perth.

Applecross recorded the biggest jump in median house sales prices up 6.2% to $1.7 million while Kalamuna (+4.9% to $710,000), Wannanup (+3.4% to $585,000), Mandurah (+3.2% to $310,000) and Beckenham (+3% to @422,500), following on.

While listings fell 7% from November to December — with 8511 properties for sale at the end of the month according to REIWA — It remained 4% higher than the same time in 2020.

Moreover, it took the same number of days, 14, to sell a house from November to December —7 days faster than in 2020.

The fastest-selling suburbs in December were Kingsley (6 days), Coolbellup, (7 days), Floreat (7 days), Greenwood (7 days) and Heathridge (7 days).

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