August 1, 2014

Perth winners and losers….

A number of prestige suburbs have lost value while a mix of suburbs have shown strong growth.

Residential Suburban Winners

The following suburbs recorded the largest growth in Median House Prices in the last 12 months end 30th June 2014, according to REIWA data.

Alfred Cove 24.9% growth

Coolbinia 20.4% growth

East Cannington 20.0% growth

Wembley 19.6% growth

Golden Bay 19.3% growth

Swanbourne 18.8% growth

Rossmoyne 18.1% growth

Kenwick 18.0% growth

North Fremantle 17.9% growth

Helena Valley 17.7% growth

Residential Suburban Losers

The following suburbs recorded a decline in Median House Prices in the last 12 months ending 30th June 2014, according to REIWA data.

Mt Lawley – 5%

Menora – 4.7%

City Beach -1%

Dalkeith – 1.1%

Cottesloe – 4.2%

Claremont -7%