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  • Which are Perth's fastest selling suburbs?


    Which are Perth's fastest selling suburbs? - reiwa.comHeathridge, Leederville and Shenton Park top the list of Perth suburbs that have bucked the trend to record faster than average selling days for the year to February 2016.

    REIWA President Hayden Groves said’s latest data showed that although Perth buyers were still in a good position to take their time finding the right home, a number of suburbs were experiencing faster than average turnover.

    “The average selling days for the overall Perth market for the year to February 2016 is 62 days, however when we drill down to suburb level we see numerous pockets across the metropolitan area where it takes much less time to sell and where buyers need to act quickly to secure their purchase,” Mr Groves said.

    “If you are looking to sell your home in one of these areas, provided your property is priced correctly, it is very likely to be snapped up quickly by motivated buyers.”

    The analysis also showed that half of the suburbs on the list had an overall median price (across houses and units) below $500,000 - traditionally the first home owner market.

    “First home buyers remain active in the Perth property market with current market conditions continuing to entice this demographic to take their first step into home ownership,” Mr Groves said.

    Perth’s 10 fastest selling suburbs

                       Suburb Average selling days Overall median
    1. Heathridge 33 $476,000
    2. Leederville  35  $703,500 
    3. Shenton Park  37  $900,000 
    4. Woodvale  39  $630,000 
    5. Ferndale 40  $475,000 
    6. Parkwood 40  $494,500 
    7. Hamersley 40  $561,000 
    8. Beldon  41  $485,000 
    9. Craigie  42  $470,000 
    10. Kingsley  42  $580,000 

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