Whats the median house price in perth australia

The median house price in Perth, Australia, has experienced significant fluctuations recently, reflecting a dynamic property market. Based on the most recent and comprehensive data from multiple sources, here's a detailed overview: According to the latest figures from REIWA, which provides up-to-date property market data for Perth, the median house price in the Perth metropolitan area is approximately **$676,000**. This figure is derived from their current sales data, median price graphs, and rental market analysis, making it one of the most reliable and recent sources available [3]. Supporting this, a discussion on Reddit indicates that Perth’s median house price has recently hit a new record, with some reports suggesting prices around **$1 million** for certain properties or in specific contexts. However, this appears to be more anecdotal or related to high-end properties rather than the median overall [2]. Furthermore, a recent article from Domain notes that while Perth’s house prices continue to climb, not all suburbs are experiencing growth equally. For example, South Perth saw a slight decrease of 1.4%, with a median price of **$976,500**, whereas more affordable suburbs like Midland have median prices around **$440,000** [4]. The primary source [1] emphasizes that property prices in Perth have grown significantly in some suburbs, with units in Dudley Park increasing by 19.7% and houses in Mandurah rising by 15.3% in 2022. While this source does not specify the current median house price explicitly, it indicates a strong upward trend in property values. **In summary:** - The most recent and authoritative median house price in Perth is approximately **$676,000** (from REIWA) [3]. - Suburban variations are notable, with some areas like South Perth reaching median prices close to $977,000, while more affordable suburbs are around $440,000 [4]. - The market has seen substantial growth over recent years, with some reports suggesting prices approaching or exceeding $1 million in certain segments, but these are not representative of the median overall [2]. Please note that property prices fluctuate frequently, and figures can vary depending on the source and the specific suburb or property type. For the most current and precise data, consulting REIWA or local real estate agents is recommended.