Your search has been limited to the first 30 items entered.
Forty-five per cent of Perth suburbs with statistically significant activity* saw stable or increased median house price movement during March, according to the latest reiwa.com data.
REIWA President Damian Collins said although CoreLogic’s latest home value index shows Perth dwelling values declined 0.4 per cent in March, there were numerous suburbs that had held up well or improved during the month.
“While dwelling values declined again in March, the rate of decline has slowed to the lowest level recorded since June 2018, which is a positive indication that prices in Perth may be approaching the bottom.
“reiwa.com data shows there were numerous suburbs that saw their median house price buck the declining trends, with 30 per cent of those statistically significant suburbs experiencing an increase in price and 15 per cent remaining stable, which is a positive trend in the current real estate environment,” Mr Collins said.
The 10 best performing suburbs for median house price growth in March were Mullaloo, Wannanup, Lesmurdie, Alkimos, Karrinyup, Yanchep, Rivervale, Mount Pleasant, The Vines and Warnbro.
“Although the Perth residential sales market remains subdued, the data for March shows some signs that price values may be starting to strengthen in some areas after a prolonged period of declines,” Mr Collins said.