Eight of the top 10 fastest selling suburbs had median house prices well below the Perth median, with affordability a key factor for buyers who are acting quickly when they see value.

Since finding a floor in February, the national measure of housing values has gained 3.4%, however, the market remains -6.0% below peak levels recorded in April 2022. That is the equivalent of the median dwelling value still being -$45,771 below a peak of $768,777 says CoreLogic’s research director, Tim Lawless. 

6 Border Street Byron Bay for sale by Steven Chen of The Agency located on 2022sqm with 180-degree uninterrupted scenic ocean vistas.

Huntingfield 55 Albany Road Toorak sold by Gowan Stubbings, Gerald Delany and Jamie Mi of Kay & Burton marks the agency’s third sale above $40 million in 2023.