Melville Times - - Residential -

THERE were 633 sub­urbs in Aus­tralia with a me­dian price over $1 mil­lion in the 12 months to July, CoreLogic data re­veals.

Most were in New South Wales (415), while WA had 30 sub­urbs where the me­dian price ex­ceeded seven fig­ures.

This num­ber has fallen since July 2016, when WA had 33 sub­urbs on the list.

Ar­dross, Ban­jup, Craw­ley, Daglish, Menora and Mt Law­ley had their me­dian house price fall be­low $1 mil­lion dur­ing the pe­riod, while in­creases in the me­dian price in Cool­binia, Grace­town and South Fre­man­tle helped these sub­urbs in grab­bing a place on this year’s list.

It is no sur­prise most of the WA sub­urbs were along the river or coast, but some in­nercity ar­eas made the list, while Yallingup joined Grace­town to rep­re­sent the South-West.

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