Perth has the third highest amount of properties selling above the advertised price, so we partnered with RP Data to reveal which suburbs are selling at a premium and where savvy buyers can still look to bag a bargain.
Last financial year Perth recorded the third most houses (40.9%) and apartments (37.8%) sold over the advertised price around the country, only behind its east coast counterparts Sydney and Melbourne.
The top three performing suburbs for houses selling above list price were Craigie (80.4%), Coolbellup (79.8%) and Lynwood (77.8%), while Madeley (71.4%), Woodlands (70%) and Cooloongup (70%) made up the top three suburbs for apartments.
On the downside for sellers, all houses sold in Bickley and Wungong went below their original list prices, but that could be good news for savvy buyers who still have some opportunities to negotiate prices down in these suburbs.
With very few houses (4.5%) and apartments (4.7%) actually selling at the listed price, here’s the Top 10 list of houses and apartments selling above and below list price.
Top Ten Suburbs Selling Above List Price – Houses:
Top Ten Suburbs Selling Above List Price – Units:
Top Ten Suburbs Selling Below List Price – Houses:
Top Ten Suburbs Selling Below List Price – Units:
Want more information? Download the full Property Discounting Report for free.
Are you looking to buy in Perth? What suburb/s do you have your eye on?
Find out which suburbs are selling above or below the advertised price in Adelaide, Canberra, Darwin, Sydney, Melbourne, Hobart and Brisbane. And check out our Australian Property Pricing Report Infographic.
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