The median house value in Perth has risen again to $881,867, marking an annual increase of 6.3 per cent.
According to the Cotality Home Value Index, released today, Brisbane (1.2%) and Perth (1.1%) recorded the highest monthly house and unit combined gains, with Perth ($841,928) now the fifth most expensive Australian capital city after Sydney ($1.22m), Brisbane ($949,583), Canberra ($872,957) and Adelaide ($851,125).
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In the past five years, Perth dwelling values have gone up by 81.9 per cent, the highest in the country. Regional WA prices for the same period rose 86.9%, another national record.
In Perth, the Belmont and Victoria Park areas experienced the most growth, with an annual change of 10.5 per cent.
Units also experienced a 10 per cent jump, with the median price now $624, 821.
































