Perth’s million dollar club reached 126 suburbs in 2025

2 February 2026

"REIWA President Suzanne Brown said the large increase in the number of suburbs with a million dollar median house sale price was not surprising."

32 suburbs joined Perth’s million dollar club in 2025, taking the total number of suburbs with a median house sale price* of $1 million or more to 126.

Of the 32 suburbs, 30 were new entrants to the list, with Northbridge and Wattleup returning after dropping off previously.

REIWA President Suzanne Brown said the large increase in the number of suburbs with a million dollar median house sale price was not surprising.

“Typically we only see a handful of new entrants to the million dollar club each year. However, the Perth property market recorded another 12 months of very strong price growth, which saw the median house sale price for Greater Perth rise 13.3 per cent in 2025,” she said.

“This follows 25.0 per cent growth in 2024, when a record 37 suburbs joined the million dollar club, 34 of which were new entrants.

“If Perth property prices increase as expected over 2026, we could easily see the million dollar club reach 150 suburbs at the end of the year.”

Six suburbs have exited the million dollar club since the end of 2024. Karawara, Carmel, and Bickley saw their median house sale price fall below $1 million by the end of 2025. Mariginiup, Hovea and Millendon also dropped off the list as they had no qualifying sales** recorded in 2025.

Samson was the top performer among the new entrants, with its median house sale price increasing 40.5 per cent to $1,250,000.

Brentwood was the next best performing newcomer, with 37.1 per cent annual growth, followed by Serpentine (up 36.8 per cent), Roleystone (up 26.3 per cent) and Maylands (up 23.1 per cent).

Peppermint Grove retained its position as Perth’s most expensive suburb, with a median house sale price of $5,100,000 at the end of 2025. The suburb saw median house sale price growth of 9.0 per cent over the year.

SUBURB	2025 MEDIAN HOUSE SALE PRICE
Peppermint Grove	$5,100,000
Dalkeith	$3,512,000
City Beach	$3,225,000
Cottesloe	$3,150,000
Applecross	$2,800,000
Nedlands	$2,107,000
Swanbourne	$2,675,000
Watermans Bay	$2,620,000
Mosman Park	$2,615,000
Trigg	$2,380,000
Claremont	$2,300,000
Mount Claremont	$2,300,000
Shenton Park	$2,258,000
Floreat	$2,250,000
Churchlands	$2,185,000
Menora	$2,175,000
Oakford	$2,150,000
Mount Pleasant	$2,100,000
East Fremantle	$2,075,000
South Perth	$2,075,000
Subiaco	$2,075,000
Coolbinia	$2,050,000
Jolimont	$1,995,000
Attadale	$1,925,010
Wembley	$1,910,000
Salter Point	$1,900,000
Woodlands	$1,900,000
Wembley Downs	$1,868,000
Marmion	$1,862,000
North Beach	$1,850,000
North Coogee	$1,850,000
Sorrento	$1,850,000
Rossmoyne	$1,805,500
West Leederville	$1,800,000
Ardross	$1,777,500
Bicton	$1,700,000
South Fremantle	$1,700,000
Iluka	$1,687,500
Mount Hawthorn	$1,686,869
North Fremantle	$1,681,500
Mount Lawley	$1,680,000
Leederville	$1,630,000
Winthrop	$1,630,000
Crawley	$1,595,000
East Perth	$1,595,000
Gwelup	$1,592,500
Alfred Cove	$1,576,500
Burns Beach	$1,575,000
Como	$1,575,000
Melville	$1,575,000
North Perth	$1,575,000
Booragoon	$1,542,000
Karrinyup	$1,540,000
Shelley	$1,510,000
Waterford	$1,487,500
Hillarys	$1,471,500
Carine	$1,462,000
Kensington	$1,457,500
Cardup	$1,447,500
Fremantle	$1,435,000
Daglish	$1,430,000
Inglewood	$1,420,000
White Gum Valley	$1,420,000
Manning	$1,392,500
Coogee	$1,390,000
Bateman	$1,384,000
Bull Creek	$1,375,000
Kallaroo	$1,375,000
Myaree	$1,375,000
Bedfordale	$1,373,000
Ocean Reef	$1,369,500
Duncraig	$1,350,000
Perth	$1,350,000
Stirling	$1,350,000
Murdoch	$1,345,000
Scarborough	$1,330,000
Willetton	$1,325,944
Leeming	$1,314,000
Doubleview	$1,300,000
Highgate	$1,300,000
Mullaloo	$1,287,000
Gooseberry Hill	$1,285,000
Brentwood	$1,275,000
Burswood	$1,260,000
Beaconsfield	$1,250,000
Northbridge	$1,250,000
Samson	$1,250,000
Mindarie	$1,247,500
West Swan	$1,223,000
Darlington	$1,217,500
West Perth	$1,212,500
Connolly	$1,200,000
Lathlain	$1,200,000
Riverton	$1,200,000
Wattleup	$1,200,000
Palmyra	$1,170,000
Serpentine	$1,170,000
Orange Grove	$1,165,000
Woodvale	$1,157,500
Jandakot	$1,155,000
Kardinya	$1,150,000
East Victoria Park	$1,109,000
Bayswater	$1,095,000
Casuarina	$1,095,000
Joondanna	$1,090,000
Victoria Park	$1,084,000
The Vines	$1,080,000
Kingsley	$1,075,000
Bushmead	$1,069,000
Hilton	$1,060,000
Yokine	$1,055,500
Ascot	$1,055,028
Bedford	$1,050,000
Dianella	$1,050,000
Jarrahdale	$1,050,000
Lesmurdie	$1,050,000
Maylands	$1,050,000
Roleystone	$1,047,500
Noranda	$1,022,500
Padbury	$1,022,000
Guildford	$1,015,000
Canning Vale	$1,012,500
North Lake	$1,010,000
Glen Forrest	$1,005,000
Darch	$1,000,000
Madeley	$1,000,000

Source: REIWA. Filtered for suburbs** with median house sale prices of $1,000,000 or more for the 12 months to December 2025 as at 22 January 2026. Suburbs in bold indicate those that are new or have returned to the list.

* REIWA publishes an annual median sale price based on settled sales

** Filtered for sales under 1 hectare