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Latest Perth House And Land News

Records tumble as Perth recovery goes into overdrive

Perth’s real estate revival is continuing to gather pace, with 20 suburbs hitting record-high prices, apartment development starting to ramp up and new land sales remaining strong despite the expiration of state and federal government stimulus measures.

Aerial photo of Cottesloe beach, golf course and homes
Famous for its iconic beach, Cottesloe has recorded Perth's biggest price growth since 2014. Photo: Shutterstock

Perth’s real estate revival is continuing to gather pace, with 20 suburbs hitting record-high prices, apartment development starting to ramp up and new land sales remaining strong despite the expiration of state and federal government stimulus measures.

Sales data released this week by the Real Estate Institute of Western Australia showed a wide range of suburbs were on an upwards trajectory, with 20 suburbs now having median values higher than …