Perth’s Attractive Housing Market
Perth’s median dwelling value may have risen to $831,921 in July according to Cotality data, but with Australia’s mid-point price for houses at $1,044,867, Perth remains one of the most affordable capitals.
Perth suburbs with median house prices under $1million are doing particularly well because they appeal to people moving in from other parts of Australia, according to Perth-based buyers agent and founder of Resolve Property Solutions, Peter Gavalas.
“Many new arrivals are professionals with stable incomes, looking to build long-term lives in Perth. They’re targeting family-friendly, well-connected areas and are often ready to act quickly, which is putting added pressure on supply at the affordable end of the market.”
“International buyers are attracted by Perth’s lower entry prices, strong job market and lifestyle benefits, including quality education and transport links,” Mr Gavalas said. “A budget of $750,000 to $900,000 still stretches far here, especially when compared to Sydney or Melbourne.”
Source: Cotality (Formerly CoreLogic)
Perth Suburbs Moving Up
Many suburbs saw house prices grow well over the 0.9% increase experienced by Perth as a whole. East Victoria Park led the charge with an impressive 4% increase to $1,050,000.
We saw a lot of repeat performances for the next three spots, with all three suburbs making their second appearance in the top five for 2025. Dawesville took second place, prices growing 3.2% to $765,000.
Maylands came in third place, with prices jumping 2.6% to $1,000,000. Next up, to close out our repeat performers, Doubleview experienced a 2.5% increase to $1,230,000.
Woodvale rounded out the top five with 2.1% price growth to $1,085,000.
Fremantle, Como, Bullsbrook, Falcon and Warnbro also performed well for the month, all recording increases of at least 1.5%.
Property Spotlight
The team at Resolve Property Solutions secured 50% of our property purchases in May either pre or off market. Here’s a small sample of the properties purchased during the month:
What’s Happening In The Perth Property Market?
In the past twelve months alone, we’ve helped over 150 clients close deals in high growth, high cashflow locations, while taking care of all the paperwork and dealing with the agents so you don’t have to.
What’s more, we’ve saved them thousands through our intimate market knowledge, vast off market referrer network, decades of experience in development, planning, investing and our ‘in the trenches’ up to the minute live pricing models.
You may feel you’re already a good researcher, negotiator and deal finder and you probably are – for your level of experience.
However the reality is – we’ve closed over 150 deals in the past year, developed a vast network of referrers over the past two decades, and built a team of full time researchers, deal finders and relationship builders to ensure that if anything happens in the Perth property market – we know about it….first!
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