Which suburb had the biggest house price jump in 2022?
With a 25.3 per cent surge, Perth’s number one suburb for median house price growth in 2022 offers the trifecta of space, parks and schools.
High demand had listings in the southern suburb of Winthrop selling quickly, sometimes before a property even hit the market.
The area is popular with families. Traditional blocks in Winthrop range from 700-900sqm, providing good-sized backyards where the kids can play. There is strong demand for four-bedroom, two-bathroom homes, preferably fully renovated.
Families also like the proximity to numerous schools including Winthrop Primary, All Saints College, Kennedy College, Corpus Christi College, Applecross Senior High, Melville Senior High and Santa Maria College.
In addition, Winthrop has plenty of open space with five large parks and is adjacent to Piney Lakes Reserve.
Salter Point was the most expensive suburb on the top 10 list, with its median house price increasing 18.6 per cent from $1,400,000 to $1,660,000 during 2022.
Waikiki was the most affordable suburb. It recorded 18.4 per cent growth, bringing its median to $450,000 from $380,000.
Explore the Suburb Profiles on reiwa.com to find out more about the top 10 and other suburbs, including the latest market data, demographics and maps. You can also use the Compare Suburbs tool for an easy side-by-side list of key data, to help you decide where to live or invest.
Perth’s top 10 suburbs for median house price growth
