West Perth

About West Perth

West Perth, located immediately to the west of Perth’s Central Business District (CBD), is a dynamic suburb that seamlessly blends residential living with commercial and recreational amenities. Its strategic position offers residents unparalleled access to the city’s offerings while maintaining a distinct suburban charm.​

Property Market Overview:

• Median Sale Prices: Over the past year, West Perth has seen a median house sale price of approximately $1,752,500, marking a 20.45% annual growth. Units in the area have a median sale price around $500,500, with a 10.6% annual growth.

• Rental Market: Houses in West Perth command a median weekly rent of $925, yielding an annual rental return of 3.3%. Units offer a median weekly rent of $520, providing a rental yield of 6.6%.

• Market Dynamics: In the past 12 months, West Perth has recorded 64 house sales and 95 unit sales. Properties typically remain on the market for an average of 8 to 13 days.

Investment Considerations:

West Perth’s robust property market, characterized by significant growth in property values and rental yields, positions it as an attractive investment destination. The suburb’s proximity to Perth’s CBD, esteemed educational institutions, and recreational facilities further enhance its appeal to families and professionals alike.​

Market Outlook:

Perth’s property market is projected to experience growth in 2025, driven by factors such as strong population and employment growth, combined with housing shortages. However, areas heavily reliant on single industries may face volatility, so it’s essential to consider economic diversity when evaluating investment opportunities.