![]() ![]() This has restricted the availability of houses within the area, and scarcity has underpinned significant house price growth.” The key factors shared by Perth’s top-performing suburbs “Importantly, the majority of East Perth has been redeveloped into higher-density living. ![]() REIWA data confirms that East Perth has a strong track record for price growth, having achieved value gains of 297.9% since 2002.ĭamian Collins, Managing Director of Momentum Wealth, said, “East Perth is a highly desirable location, just 1.3 kilometres from the CBD with nearby access to the WACA, Optus Stadium, the Swan River, and Ascot Racecourse.” However, East Perth – the city’s leading location for capital growth in 2022, recorded more than 14 times these gains, with the median house price soaring 53.0% over the past year. Our research team at Momentum Wealth has analysed data from the Real Estate Institute of WA ( REIWA) to identify Perth’s top suburbs for capital growth in 2022.Īcross Greater Perth, houses recorded value growth of 3.6% over the 12 months to September 2022. ![]() Proximity to surf, sand and city drives price growth of up to 53%. ![]()
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