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Perth

Western Australia 6000
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Downtown Perth shines under the Western Australian sun – a confident, progressive place to call home.

People

Go west young man (or woman) and make a name for yourself in Perth, home to independent city workers of all ages.

Lifestyle

Get up to speed with downtown Perth, a fast-paced city with superb eating, drinking, shopping and entertainment opportunities, many along Murray Street and Hay Street.

Homes

Central Perth plays host to a shiny selection of one-, two- and three-bedroom apartments, many with terrific views across the Swan River and Kings Park.
Perth has 262 properties available for rent and 199 properties for sale. Median property prices over the last year range from $697,250 for houses to $399,000 for units. If you are looking for an investment property, consider houses in Perth rent out for $470 PW with an annual rental yield of 3.5% and units rent for $400 PW with a rental yield of 5.2%. Based on five years of sales, Perth has seen a compound growth rate of -3.0% for houses and -4.6% for units.
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Median property price

For more information on what exactly a median price means, have a read of this article on our Blog
HouseUnitsTrend
buy
$697,250
(Price data last updated
Sep 4th, 2019)
rent
$470 PW
(Rent data last updated
Sep 18th, 2019)
buy
$399,000
(Price data last updated
Sep 4th, 2019)
rent
$400 PW
(Rent data last updated
Sep 18th, 2019)
How this was calculated & copyright information
Median House Price
Median Price: The price of a property that falls in the middle of the total number of houses sold over a period of time, based on 24 house sales from 1 Sep 2018 - 04 Sep 2019.
  • 2 Bedroom price is based on 15 house sales.
  • 3 Bedroom (no data - less than 10 sales).
  • 4 Bedroom (no data - less than 10 sales).
Data supplied by Hometrack Australia
Median House Rent
The advertised weekly rent of a property that falls in the middle of the total number of houses listed over a period of time, based on 95 house listings from 1 Sep 2018 - 18 Sep 2019.
  • 2 Bedroom price is based on 37 house listings.
  • 3 Bedroom price is based on 37 house listings.
  • 4 Bedroom (no data - less than 10 listings).
Data supplied by realestate.com.au

The median sales information is current as at the publication date only. The median sales information is based on Third Party Content (within the meaning of our website terms of use). realestate.com.au Pty Ltd does not make any warranty as to the accuracy, completeness or reliability of the information or accept any liability arising in any way from any omissions or errors. The information should not be regarded as advice or relied upon by you or any other person and we recommend that you seek professional advice before making any property decisions.

Based on information provided by and with the permission of the Western Australian Land Information Authority (2019) trading as Landgate.
Comparison of these prices with Western Australia
With a median house price of $697,250, Perth is higher than Western Australia's median house price of $450,000. When it comes to renting, the Perth median house rental price per week is $470 which makes renting more expensive than Western Australia's average of $360.
Median Unit Price
Median Price: The price of a property that falls in the middle of the total number of units sold over a period of time, based on 161 unit sales from 1 Sep 2018 - 04 Sep 2019.
  • 1 Bedroom price is based on 51 unit sales.
  • 2 Bedroom price is based on 90 unit sales.
  • 3 Bedroom price is based on 20 unit sales.
Data supplied by Hometrack Australia
Median data for 3 bedroom unit configurations are calculated off 3 or more bedrooms.
Median Unit Rent
The advertised weekly rent of a property that falls in the middle of the total number of units listed over a period of time, based on 1537 unit listings from 1 Sep 2018 - 18 Sep 2019.
  • 1 Bedroom price is based on 650 unit listings.
  • 2 Bedroom price is based on 776 unit listings.
  • 3 Bedroom price is based on 95 unit listings.
Data supplied by realestate.com.au

The median sales information is current as at the publication date only. The median sales information is based on Third Party Content (within the meaning of our website terms of use). realestate.com.au Pty Ltd does not make any warranty as to the accuracy, completeness or reliability of the information or accept any liability arising in any way from any omissions or errors. The information should not be regarded as advice or relied upon by you or any other person and we recommend that you seek professional advice before making any property decisions.

Based on information provided by and with the permission of the Western Australian Land Information Authority (2019) trading as Landgate.
Comparison of these prices with Western Australia
With a median unit price of $399,000, Perth is higher than Western Australia's median unit price of $350,000. When it comes to renting, the Perth median unit rental price per week is $400 which makes renting more expensive than Western Australia's average of $325.
Data supplied by Hometrack Australia

The median sales information is current as at the publication date only. The median sales information is based on Third Party Content (within the meaning of our website terms of use). realestate.com.au Pty Ltd does not make any warranty as to the accuracy, completeness or reliability of the information or accept any liability arising in any way from any omissions or errors. The information should not be regarded as advice or relied upon by you or any other person and we recommend that you seek professional advice before making any property decisions.

Based on information provided by and with the permission of the Western Australian Land Information Authority (2019) trading as Landgate.

Supply and demand in Perth

The level of competition in a suburb can affect prices and availability.
0
Visits per property
0
Visits per property
Perth
Average of WA
How this was calculated
Supply and Demand data.

Demand is calculated as the average number of visits per listing per month over the last 12 months to realestate.com.au/buy that include at least one property details page view in Perth, WA 6000. Supply is calculated as the average number of property listings per month that have been viewed at least once that month on realestate.com.au/buy in Perth, WA 6000 over the last 12 months.

The level of demand for individual listings varies. The data above shows the average for the suburb. realestate.com.au makes no claim about the statistical significance nor accuracy of the data. Please note: This information is based on realestate.com.au data. The purpose is to give buyers and sellers an indication of interest in properties in the suburb, based on that data. It is not a definitive representation of market supply and demand.

Latest Perth property listings

The lifestyles and people of Perth

The lifestyle of a suburb is often influenced by who lives there.
Top 3Details

Independent Youth

42.3%

Maturing & Established Independence

21.6%

Older Independence

10.6%

42.3%
Independent Youth
21.6%
Maturing & Established Independence
10.6%
Older Independence
7.4%
Elderly Singles
5.2%
Older Couples & Families
5.0%
Maturing Couples & Families
4.8%
Established Couples & Families
1.9%
Elderly Couples
1.1%
Young Families
0.2%
Elderly Families
42.3%
Independent Youth
21.6%
Maturing & Established Independence
10.6%
Older Independence
7.4%
Elderly Singles
5.2%
Older Couples & Families
5.0%
Maturing Couples & Families
4.8%
Established Couples & Families
1.9%
Elderly Couples
1.1%
Young Families
0.2%
Elderly Families
How this was calculated and classification information
About this data
Independent Youth make up the largest percentage of people living in Perth followed by Maturing & Established Independence and Older Independence.
The statistics above have been sourced from Mosaic demographic data that is the copyright property of Experian Australia Pty Limited (or its licensors).
Classification Details
Young Families - Families, Extended Families and Single Parents under 35
Independent Youth - Couples, Singles and Homesharers under 35
Maturing Couples & Families - Families, Couples, Extended Families and Single Parents aged 35-44
Maturing Independence - Singles and Homesharers aged 35-54
Established Couples and Families - Families, Couples, Extended Families and Single Parents aged 45-54
Older Couples & Families - Families, Couples, Extended Families and Single Parents aged 55-64
Older Independence - Singles and Homesharers aged 55-64
Elderly Families - Families, Extended Families and Single Parents 65 and over Empty Nesters - Couples 65 and over
Elderly Singles - Singles and Homesharers 65 and over

A modern boomtown, Australia’s fourth-biggest city is infused with new-world energy and multicultural enthusiasm.

Perth was founded on the north shore of the Swan River in 1829, and was known as the ‘Swan River Colony’. Today’s hyperactive CBD is riding the crest of a mining boom, with apartments aplenty and abundant eating, drinking and shopping opportunities.

People in Perth

Three-quarters of downtown Perth’s residents live solo, enjoying the benefits of downtown living without family responsibilities or gardens to tend to. This is a place for business people to do business, students to study and party-people to party when the sun goes down.

The Perth Lifestyle

Perth is brimming with confident, up-tempo spirit: doing business is what the city does best. Suburban bus routes and rail lines fan out in all directions from Perth train station and the Wellington Street and Esplanade bus stations. Iconic shopping centres like Forrest Chase, Carillon City and historic London Court are the tip of the shopping iceberg here.

The Northbridge bar scene entices to the north. To the west, Kings Park is the city’s favourite green space, with native gardens, rolling lawns, sports fields, outdoor cinema and mesmerising views across the CBD.

Perth Homes

Given the lofty real estate prices in many of Perth’s suburbs, a downtown apartment can still be good value.

Multimillion-dollar penthouses top the price list, but there are hundreds of hip, contemporary and affordable apartments on the market here, with more being built all the time. River views (south) or a park outlook (west) add to the appeal of convenient, low-maintenance city living.

By day or night, Perth is a showcase of urban delights, with the excellent Perth Cultural Centre the epicentre of the city’s artistic life. A ready supply of apartments and units keeps pace with the hip professionals, students and city-slickers who call the city centre home.

Similar places to Perth in

Love what Perth has to offer? You may also be interested in taking a look at some of the following areas.
How similarity was identified among suburbs
Experian Pty Ltd classifies Australian households into one of 49 Mosaic Types based on geo-demographic segmentation. realestate.com.au calculates the composition of household Mosaic Types within each suburb, and compares this composition across suburbs to determine the similarity between suburbs. The suburbs with the most similarity to Perth, WA 6000 are shown. No other factors are considered.

Mosaic data supplied by Experian Australia Pty Ltd.
Mosaic data is the copyright property of Experian Australia Pty Ltd (or its licensors).

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