In­crease in mil­lion-dol­lar sales

Midland Reporter - - Residential -

to see again as the mar­ket re­cov­ers,” Mr Groves said.

Data also showed the num­ber of Perth sub­urbs with a me­dian house price equal to or above $1m had in­creased.

“There are 37 sub­urbs across the metro area with a me­dian house price at or ex­ceed­ing $1m, a notable in­crease on the 31 sub­urbs recorded at the same time last year,” Mr Groves said. “De­mand in these sub­urbs has clearly strength­ened.

“Data shows 25 of those 37 sub­urbs are sell­ing faster than the over­all Perth Metro re­gion fig­ure, which in­di­cates buy­ers need to act quickly in these ar­eas to en­sure they don’t miss out.”

For the full list of sub­urbs with $1m me­dian house prices, visit www.com­mu­ni­tynews.com .au/real-es­tate.

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