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Perth's Fastest Selling Suburbs Revealed

The latest data from REIWA has revealed Perth's fastest selling suburbs.
Perth's Fastest Selling Suburbs Revealed

Perth has enjoyed a property market renaissance in recent months despite the global COVID-19 pandemic. The latest data from property experts REIWA (Real Estate Institute of WA) indicate that Perth properties are selling in the fastest time since 2006. In November, homes took a median of 22 days to sell, which is a monumental improvement on the 39 days in the same period last year.

As well as homes selling quicker than ever, Perth property prices are also on the up, with CoreLogic indicating 1.1% median dwelling value increase. This is the fourth straight month of growth and the highest margin of growth in one month.

Perth's Fastest Selling Suburbs:

1. Subiaco
Median Days: 12

2. Kingsley
Median Days: 12

3. Rivervale
Median Days: 14

4. Darch
Median Days: 14

5. Woodvale
Median Days: 14

6. Swan View
Median Days: 15

7. Beechboro
Median Days: 15

8. Coolbellup
Median Days: 15

9. Mount Hawthorn
Median Days: 15

10. Greenwood
Median Days: 16

*Median selling days September 2020

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