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Perth's inner suburbs delivering growth as median property price retreats

Perth’s western suburbs, between the beach and city, as well as those along the Swan River and coastline, are delivering double-digit growth despite the median metropolitan area property price declining.

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(Image source: Shutterstock.com)

Perth has joined the rest of the country’s capital cities in negative growth territory but inner suburban areas close to the CBD, Fremantle or other coastal suburbs are still delivering strong capital growth.

Driven by low stock levels, a growing population and stable economy, Perth’s western suburbs between the beach and city and those along the Swan River and beaches are delivering double digit growth.

With just 8,250 properties for sale in t…

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