realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd. Australia's biggest share accommodation site, Jody Fewster, from Ray White Cottesloe-Mosman Park. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd. Australia's biggest share accommodation site. These figures represent the median sold price for properties in these areas and are for suburbs with at least 10 sales within that 12-month period. Beachside-suburb Cottesloe is known for its stunning beaches, cafes, and a relaxed coastal lifestyle – as well as the famed Sunday sessions at the Cott (the local pub). “We have been seeing some really strong growth in Perth’s premium suburbs for some time,” Conisbee says, “With a market recovery, what we generally find is that this process starts with lifts across premium suburbs. There are a lot of contemporary homes in City Beach. Applecross and Mount Pleasant rallied to represent the southern riverfront suburbs, with median sales prices of $1.55 million and $1.41 million, respectively. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. The eastern part of the suburb borders Herdsman Lake – a natural wetlands park with bike paths and ample wildlife to observe. Nedlands is perfectly positioned within walking distance to Kings Park and the Swan River, five minutes away from Cottesloe Beach, and just seven km from the CBD. The data is down from 14.7% the previous year and well down from its peak of 15% in March 2018. Perth's third most expensive suburb to purchase a house in is City Beach. Peppermint Grove is home to historic and European-style mansions on large residential blocks with expansive gardens, pools, and tennis courts. Picture: realestate.com.au. Personalised advertising: We show you more relevant advertising based on your activity. Swanbourne is an affluent upper-middle-class suburb of Perth, known for it’s older Federation-style homes – many of which are being renovated – as well as newer developments featuring contemporary home designs. Swanbourne has a mix of old and new housing. Opt Out of personalisation. Picture: realestate.com.au. Cottesloe has drawn a blue-chip buyer for years. Prefer us not to? 2 Allenby is a modernist’s dream currently on the market in Dalkeith. Unsurprisingly, Peppermint Grove topped the list of most expensive suburbs in Perth, followed by Dalkeith and Cottesloe. Picture: realestate.com.au. Churchlands is located eight km from the CBD and is characterised by modern architectural styles with most homes in the suburb built after the 1980s. CoreLogic senior research analysist Cameron Kusher says the Perth housing market has seen a substantial decline in values since mid-2014, but the share of million dollar sales has not fallen significantly. Picture: realestate.com.au, Multi-level Swanbourne ‘treehouse’ the ultimate family retreat, Social housing boost to ease pressure on WA rental market, Live like the Great Gatsby in this incredible Perth mansion, Exclusive apartment of late billionaire Stan Perron listed for $8 million, Demand surges in Leederville, Winthrop and Ascot despite pandemic. Forrestdale is situated on the south-eastern edge of the Perth metropolitan area and is known for the famed ‘old jarrah tree’ a large and very old jarrah tree (as the name suggests), as well as the Forrestdale Lake nature reserve. The riverfront suburb of Dalkeith took out the most pricey Perth locale in the year to July 31, with a median sale price of $2.25 million, closely followed by iconic Cottesloe with $2 million, and oceanfront City Beach with $1.7 million, according to realestate.com.au data. City Beach $1.7 million – 7.36% decline, 4. Read on to find out. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. Selling agent Jody Fewster, from Ray White Cottesloe-Mosman Park, says the list was no surprise, given all of the suburbs are waterfront locations and many are in close proximity to sought-after private schools, but she expected Peppermint Grove to have made the cut. Cottesloe is close to one of the country’s best beaches. These figures represent the median sold price for properties in these areas and are for suburbs with at least 10 sales within that 12-month period. Mosman Park is predominantly residential and features a large number of education establishments, a number of beautiful parks, and an array of sporting facilities. “Over recent months we have started to see some stabilising of housing market conditions,” Kusher says. Where indicated, third parties have written and supplied the content and we are not responsible for it. Nedlands $1.63 million – 0.46% increase, 5. With a thriving surf culture, competitive lifesaving club, and beach volleyball courts, City Beach feels a lot like Sydney’s Bondi Beach. Picture: realestate.com.au. Picture: Getty. “Assuming this continues over the remainder of the current financial year, the share of million dollar sales, particularly in Sydney and Melbourne, may increase over the coming year.”. Mosman Park is close to the river and several beaches. Across Australia, the CoreLogic report shows that million dollar property sales dipped, with 12.5% of house and 8% of unit sales transacting for at least $1 million in the 2018-2019 financial year. Mount Pleasant $1.41 million – 3.87% increase, 10. “The data also shows that the largest improvement is occurring across the most expensive properties. Peppermint Grove – $3.6 million. Other western suburbs to maintain a foothold in the revered list of most expensive properties include Nedlands, Swanbourne, Claremont, Floreat and Mosman Park. The leafy suburb has tree-lined streets with beautiful, family homes as well as affordable housing for students at the neighbouring University of Western Australia. The coastal suburb has many sporting and recreation facilities nearby including the golf courses, tennis courts, rugby, football and cricket grounds. REA Chief Economist Nerida Conisbee says the Perth market has shown positive signs of improvement, particularly across premium suburbs including those in the western suburbs. The suburb is situated on the coast halfway between Perth and Fremantle and is mostly residential with large modern homes. Saying that, Peppermint Grove is a small pocket of 500 houses so there are very limited sales.”, Peppermint Grove is Perth’s most exclusive enclave. A recent CoreLogic report looking into million dollar sales found that while sales of properties of at least $1 million had taken a dive nationally, Western Australia had fared significantly better at the top end of the market. Resort-style living in sprawling Perth Hills retreat, Perth rental vacancy rate hits 13-year low amid ‘rental crisis’. Nedlands is close to the CBD. Picture: realestate.com.au. Located just six km from the Perth CBD, Dalkeith offers the best of luxe suburban living minutes away from the city. Despite Perth’s median house price falling 3.3 per cent during 2018 to $546,281, the western suburb of Dalkeith reigned supreme as the city’s most expensive suburb with a median house price of $2.24 million, Domain’s latest house price data has shown. Homes in City Beach are modern and contemporary, and offer residents close proximity to the beach and the city. Applecross is famous for its jacaranda-lined streets. Picture: realestate.com.au. We strongly recommend that you obtain independent advice before you act on the content. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Perth’s most expensive suburbs based on median sales prices and change in median sales prices comparing July 31, 2018 and July 31, 2019. Applecross $1.55 million – 11.3% decline, 7. “However, I am surprised that Peppermint Grove has not found its way onto this list as it has consistently ranked as Perth’s most expensive suburb. Residents can take advantage of easy access to an array of primary and secondary schools, as well as short commutes to the CBD. Perth’s most expensive neighbourhoods range in price from $1.4 million – $3.5 million, CoreLogic data for the 12 months up to April 30, 2018 shows. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. “Mosman Park also has a broad riverfront geography and is home to the most expensive sale in Western Australia in Saunders Street. Peppermint Grove has a large number of heritage-style homes. But what is it that attracts buyers to these upmarket areas? Picture: realestate.com.au. Dalkeith is surrounded by the Swan River on three sides, and is characterised by wide, leafy streets and has many original Federation homes that date back to the early 1900s, as well as large newly built mansions featuring large gardens and backyard swimming pools. The riverfront suburb of Dalkeith took out the most pricey Perth locale in the year to July 31, with a median sale price of $2.25 million, closely followed by iconic Cottesloe with $2 million, and oceanfront City Beach with $1.7 million, according to realestate.com.au data. Swanbourne $1.577 million – 8.91% increase, 6. Picture: realestate.com.au. Picture: realestate.com.au. Perth’s blue-ribbon western suburbs have retained the mantle as the city’s most expensive property belt, with eight of the top 10 suburbs in the elite catchment. Opt Out of personalisation. Scroll down further for the full list. Riverside-suburb, Peppermint Grove, has long been associated with the top end of town and is home to some of Western Australia’s wealthiest families, so it comes as no surprise that it’s Perth’s most expensive suburb. Locals in Forrestdale can enjoy the lake nature reserve. Flanked on three sides by the Swan River, the picturesque suburb of Dalkeith is the most expensive suburb in Perth. Picture: realestate.com.au. So where are Perth’s most expensive suburbs? “Dalkeith has more waterfront properties with its broad geographical stretch, which makes it a serious contender, particularly with a number of recent sales on Jutland Parade,” Fewster says. 219 The Esplanade, Mount Pleasant is looking for a new resident. Most homes in Churchlands were built after the 1980s. Mosman Park $1.252 million – 3.65% decline, Micro lots get green light from WA government, Foreign buyer tax won't help WA property market, Lithium jobs boom will be a slow burn for WA market. We strongly recommend that you obtain independent advice before you act on the content. Applecross is primarily a residential suburb and offers the best of suburban living – parks and reserves, a tranquil lifestyle, relaxed eateries and shopping – with the best of the city, which is located just minutes away. Perth’s most expensive neighbourhoods range in price from $1.4 million – $3.5 million, CoreLogic data for the 12 months up to April 30, 2018 shows. Cheapest areas for renters in Western Australia, Where buyers in Perth really want to live, 1. For those who have seen the luxurious mansions in the leafy area, it would come as no surprise that the median house price sits at $2.29 million. “Over the 2018-19 financial year, 10% of all house sales and 4.1% of all unit sales (in Perth) were at least $1 million. There are new and heritage-style mansions in Dalkeith. Personalised advertising: We show you more relevant advertising based on your activity. Where indicated, third parties have written and supplied the content and we are not responsible for it. Coastal Cottesloe was No.2, followed by neighbouring City Beach. Picture: realestate.com.au. Picture: realestate.com.au. Claremont $1.52 million – 4.47% increase, 8. Dalkeith $2.25 million – 15.09% decline, 3. Riverside-suburb Applecross is known for its streets lined with jacaranda trees that turn the suburb purple when they flower in spring. With modern interiors, lush swimming pools and tennis courts, properties in Perth’s most expensive neighbourhoods offer luxury living for a hefty price.

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