Property Investment Blog

Saturday, 1 February 2025

Perth real estate - soaring prices in 2024

As this article on AustralianBroker states, Perth has experienced sky rocketing growth in 2024 - Perth real estate soars: Record growth and swift sales in 2024 | Australian Broker News.


With a 24% increase from 2023 to 2024, median house prices have soared in multiple locations and demographics across Perth, including both houses and units.


We've picked 6 suburbs in Perth where median prices for unit prices grew most significantly in 2024, as identified in the article, and visualised them in PropertyDirector's suburb capital growth report.

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Gosnells - unit prices have grown 50% in the last 12 month

Cottesloe - unit prices have grown 41% in the last 12 month

Orelia - unit prices has grown 48% in the last 12 month

Coolbellup - unit prices has grown 43% in the last 12 month

Bayswater - unit prices has grown 46% in the last 12 month

Dudley Park - unit prices has grown 47% in the last 12 month


To access these great suburb research reports, register to the PropertyDirector Professional plan for $49 per month here - Register | PropertyDirector