Blog | Benchmark

peppermint-grove

Perth's Million Dollar Suburbs

In 2016, there were 34 suburbs across Perth which had a median price of $1million or more, with the newest data showing that this figure is now down to 27 suburbs with Banjup, Daglish, East Perth, Gnangara, North Coogee, Oakfrod, Wembley Downs and Woodlands being bumped out of elite list. When it comes to the suburb with the highest median property price, Peppermint Grove still leads the pack with a median of $3.38 million.

 

furnished-vs-unfurnished

When it comes to renting out your investment property, something you may need to consider is whether to put it on the rental market as furnished or unfurnished. Here we uncover the positives of these options to help you better decide which is the right one for your investment.

Perth Land Prices are Rising

perth-2082263 640 2

"Homebuyers seeking residential land lots in Perth are paying top dollar for some of the smallest blocks in Australia" – Nicole Cox, Realestate.com.au

A recent report shows that the average price of land across the Perth metropolitan area is $730 a square meter, making Perth the second most expensive capital city in the country. However, Perth also has the lowest average block size, equal to Adelaide, at only 375m².