Suburb sales statistics

Top 10 ranking Perth metro suburbs for the 2016/17 financial year


Suburb % Change Rank
Narrogin 49.1% 1
Moora 41.7% 2
Pingelly 39.1% 3
Coolbinia 34.4% 4
Peppermint Grove 21.1% 5
Gnowangerup 18.5% 6
Cunderdin 18.3% 7
Augusta 17.6% 8
Perth 13.6% 9
Stoneville 12.5% 10

*Suburbs with less than 10 sales within a 12mth period have not been included in the analysis above.  The information was made available November 2017 and is updated online every six months.


For a useful suburb-by-suburb guide to median values and movements in values just click on the alphabetic links below.

The Suburban Sales Statistics use a growth rate calculation known as compound annual growth rate (or CAGR). To smooth out market volatility, this indicator describes the steady rate of compounded growth per year over a given period for each suburb. The periods used are one, five and ten year growth rates expressed as a percentage.

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Qualification for supply of data analysis

The information contained in this publication is based on the analysis of recorded arms-length sale records and is intended only as an indicator of trends. The Valuer-General collates and interprets sales results within each suburb in a consistent way so readers can obtain a clear understanding of comparative sales performance. To keep the statistics as homogeneous as possible, the Valuer-General has included house, land and unit sales to ensure suburbs with a high percentage of units and land rather than houses can be fairly represented.

Data available is analysed and results do not include sales that have not been settled. Where sales volumes are small, the analyses can be misleading. Statistics are not shown where the number of sales is less than 10. Outlying sales have also been excluded where results are considered misleading.

Suburbs with less than 10 sales for all property types are not included in the suburb block analysis.

PROPERTY TYPES

'House' includes all property classified as having a single use as a house. Variants such as 'house and market garden' and 'house and shop’ are excluded from the analysis.

‘Unit’ includes all residential strata title properties such as ‘group house’, ‘duplex’, apartment’, ‘penthouse’‘, town house’. It also includes the smaller types known as ‘flat’ and ‘bed-sitter’.

‘Vacant Land’ includes fully serviced subdivided lots having a residential zoning.

Details of new building contracts sold ‘off the plan’ with land are not always detected. This means that these sales are classified as a ‘vacant land’ sale when matched against the current description. Every effort is made to eliminate these sales from the vacant land data analysis.However it is not always possible to identify all of these occurrences.

DISCLAIMER: These analyses form a useful guide to median values and movements in value on a suburb-by-suburb basis. But if you are either selling or purchasing property, it is important that information specific to that property is obtained. Landgate can provide more detailed property and sales information that may be useful in determining value and assessing the potential of any location. Further details can be obtained online at www.landgate.wa.gov.au or by calling +61 (0)8 9273 7373.

This analysis is supplied on the condition that Landgate’s Property & Valuation Services is acknowledged as the source.

Disclaimer

These analyses form a useful guide to median values and movements in value on a suburb-by-suburb basis. But if you are either selling or purchasing property, it is important that property is obtained. Landgate can provide more detailed property and sales information that may be useful in determining value and assessing the potential of any location. Further details can be obtained online at www.landgate.wa.gov.au or by calling +61 (0)9 9273 7373.

This page was last updated on: 05 Sep 2018