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Top suburbs | Property type | 12 month sales | Median price | Quarterly growth | 12 month growth | Weekly median advertised rent | Gross rental yield |
---|---|---|---|---|---|---|---|
Port Hedland | Units | 42 | 469,840 | +11.87 | +38.25 | 700 | 9.77 |
Port Hedland | Houses | 82 | 706,000 | -1.67 | +10.31 | 1,300 | 9.04 |
Nollamara | Units | 168 | 405,000 | +1.76 | +5.19 | 490 | 6.69 |
Bentley | Units | 90 | 400,000 | +6.52 | +9.59 | 470 | 6.65 |
Bunbury | Units | 84 | 430,000 | +0.88 | +21.13 | 500 | 6.58 |
Bassendean | Units | 57 | 400,000 | +3.90 | +8.11 | 490 | 6.16 |
Dianella | Units | 111 | 455,000 | +4.96 | +9.64 | 480 | 6.14 |
Leederville | Units | 70 | 550,000 | 0.00 | +7.84 | 580 | 5.80 |
Burswood | Units | 103 | 662,500 | -0.93 | +13.25 | 605 | 5.73 |
Carlisle | Units | 31 | 540,000 | -0.92 | +10.20 | 522 | 5.49 |
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The city’s vacancy rate has dropped to 1.6% in July, the lowest level recorded since March 2008. The conditions of Perth’s rental market indicate a substantial imbalance between supply and demand.
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