Property prices for sale in Perth (Western Australia)

The prices in real estate in Perth, in the Western Australia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$383,463.83
Average price last 6 months
$1,087.67
Price/m² last 6 months
Average price per m2

The price per m² in Perth has remained the same in the last 6 months. In October, the average price per m² was $1,116. In November this price pretty much remained the same at a value of $1,090 per m². The price for the following two months in (December, January) had a considerable increment of 158 %. The price per m² has had a considerable deflation of 29 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $1,422.75 to $417.5 during February, and March.

Average price

Based upon to the price in Perth (suburbs), this has gone downing the last 6 months. The price in October is $406,262, rising in November till $447,163. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $467,153.75 to $216,084, which means a 46 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $199,267 they are 7 % more affordable than the average price for Perth. The properties with the highest average price have 3 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 4 bedrooms priced at $240,533.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $188 / m², with an average $361 / m² price in Perth. The properties with the highest average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 3 bedrooms with a price at $365 / m².

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $199,267 it is 6 % cheaper than the average price in Perth. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $524,420 it is 247 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "Condo" at an average cost of $397 / m² followed by "Land" priced at $574 / m². "Apartment" is the most costly type of property with a $5,700 / m² cost followed by "Office" with an average price of $4,812 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Perth
Number of properties used in region Western Australia
$199,267
$361
3,470
151,418
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value