Property investors who have had real estate in Stirling, 6021 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -13.04%
A -9.97% growth in median value for property investors in Stirling,6021 puts this suburb at number 374th in terms of best performing suburbs in WA
Stirling, 6021 is offering WA ‘s 225th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this WA.
Situated 8.65km from the CBD, Stirling is one of Stirling (C) localities in the postcode 6021.
Decreasing housing stock could be enabling the suburb of Stirling, a regional centre of Perth that can be found along the Mitchell Highway, to see some growth in the difficult WA marketFull summary
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Drop in house supply inspires price growth
Median house price: $815,000
Stock on market: -41.7%
12-month growth: 1.9%
Decreasing housing stock could be enabling the suburb of Stirling, a regional centre of Perth that can be found along the Mitchell Highway, to see some growth in the difficult WA market.
Following a steep decline of over 40% in house supply in the year leading up to July 2017, Stirling recorded 1.9% growth, with the July 2017 quarter logging a 0.6% increase in prices. This could be attributed to Stirling being quite rich in amenities like Osborne Park community general hospital, Stirling Village shopping centre, and many sports grounds. While Stirling does not have its own school, surrounding suburbs like Gwelup and Balcatta provide access to a high school and several primary schools. By taking the train from the local station, the Perth CBD is less than 10 minutes away.