Perth’s top eight suburbs for potential growth in 2018

March 2, 2018

While the word recession is being floated in the real estate market in the eastern states, here in the west all the talk is about recovery, movement and employment possibilities.
So if you’re looking to invest in a property or buy a new home this year, here’s my top eight picks for Perth suburbs with the best potential for growth.

The major attraction is it’s 8km from the Perth CBD with a good supply of post war dwellings available on subdivisible blocks. The average sale price dropped by 4.6 per cent in 2017, leaving the median sale for a house at $591,000. There is still an opportunity to purchase some amazing houses with all the bells and whistles including fantastic city views, for between $1 million and $2 million. This year the Dianella Educational Precinct was developed, providing a positive change and innovative opportunities for students, teachers, parents/carers and the surrounding community.

Luxury homes are still being sold at competitive rates in Applecross. Photo: Supplied

Dianella is only 8km to the CBD. Photo: Passmore Real Estate

Wembley Downs
This suburb has it all location wise. Close proximity to great schools, shops, parks and Floreat and City Beach. A great lifestyle suburb with a good smattering of retro homes on large family blocks. A home in this suburb will give you a Western Suburbs address with all the trimmings at an affordable price.

“Hidden Gem” describes this suburb perfectly. The only basic problem is the lack of stock available – the average homeowner in Murdoch lives in their home for 15 years. According to the recent REIWA sales records the highest price sold in the suburb over the last 12 month is $820,000. Many homes are becoming too big for the empty nester owners and will soon be placed on the market. The area has great schools, universities, hospitals, shops and a good rail link.

A very affordable area, and although the suburb has had a good run of land subdivisions the median price for a house is still $491,000, with a recent price drop of 6.5 per cent for the year, making it a suburb to consider. Morley has good connectivity to the airport and the city.

Has an eclectic mixture of weatherboard, fibro and brick dwellings on large blocks of land. With approximately a five minute drive to the central business district of Fremantle and the Indian Ocean, the positive growth from nearby suburbs such as O’Connor and Samson give hope to the rise of Hilton. The Fremantle Council has also agreed to give the Hilton town centre an upgrade which will be a positive influence in the area.

This is another suburb that is low in stock, as many of the residents stay in their homes for a number of years. Prices have increased in Stirling making this the next one to grow. Many might be impressed to drive down Donnington Street and streets surrounding to see the newly built multi-million dollar homes with city views. Balcatta Senior High school is getting upgraded, which will draw young families back to the suburb.

An affluent riverside suburb bound by the Canning Highway and the river and home to the South Perth Yacht Club. The suburb has a strong commercial base as well as a gorgeous residential aspect and the area has a mixture of homes that would cater for buyers at all levels. Although the REIWA statistics indicate an increase of 10.1 per cent in this suburb, if you are in the market for a luxury home with easy access to good schools, then this is a suburb to consider. Homes are still being sold at competitive rates in this suburb.

Mullaloo is close to the beach and affordable. Photo: Oceanside Realty

If you are looking to live near the coast but not pay exorbitant prices, this is it the suburb to consider. This coastal suburb has close proximity to beautiful beaches with a median house price of $715,000. It is home to the famous Mullaloo Surf Life Saving Club, only minutes from Hillarys Boat Harbour and Ocean Reef Boat Harbour. The average home cost $715,000 and the suburb had a drop of .7 per cent in house prices this year.

Cheryl Oprandi is a property consultant with


Better Choice Mortgage Services is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within this website. While the information contained within this website is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. Although the Better Choice Mortgage Services website may include links providing direct access to other internet resources, including websites, Better Choice Mortgage Services is not responsible for the accuracy or content of information contained in these websites. Links from Better Choice Mortgage Services to third-party sites do not constitute an endorsement by Better Choice Mortgage Services of the parties or their products and services. The appearance on the website of advertisements and product or service information does not constitute an endorsement by Better Choice Mortgage Services, and Better Choice Mortgage Services has not investigated the claims made by any advertiser. Product information is based solely on material received from suppliers. Advanced Finance (Pty) Ltd t/a Better Choice Mortgage Services are not financial planners or accountants and we would encourage our clients to seek professional advice before acting on any a financial or taxation information in this news post.

Contact Us

1300 805 221

Better Choice