Prices in South-west well be­low metro area

Western Suburbs Weekly - - Liftout: Coastal & Country -

A SEA change or hol­i­day home in the South-west is within reach, with reiwa.com data re­veal­ing the re­gion’s 10 most af­ford­able sub­urbs.

Col­lie topped the list with a me­dian house price of $205,000, fol­lowed by Withers and Man­jimup with me­di­ans of $237,500 and $248,750 re­spec­tively.

REIWA Pres­i­dent Hay­den Groves said the South-west re­gion gave buy­ers plenty of choice.

“Whether you’re look­ing for a prop­erty to in­vest in or seek­ing to move to the re­gion, there is an abun­dance of op­tions avail­able to the buyer,” he said.

“Most notable are the ex­cep­tional life­style op­por­tu­ni­ties on of­fer, which are not read­ily avail­able at these prices in the metro area. For in­stance, the me­dian house prices of the 10 sub­urbs on the list range be­tween $205,000 to $335,000, well be­low the Perth metro me­dian house price of $525,000 (at March 2017).”

Dunsborough-based REIWA coun­cil­lor Joe White said many of the 10 sub­urbs on the list were “hidden gems” he ex­pected to grow in pop­u­lar­ity over com­ing years.

“Withers and Usher, for ex­am­ple, are both lo­cated on the coast,” he said.

“West Aus­tralians love to live on the coast. To be able to buy a prop­erty that close to the beach for $300,000 or less is sim­ply un­heard of in the city.”

Mr Groves said one of the great­est ap­peals of the South-west was the di­ver­sity of its land­scape.

Planned investment in the South-west was also strong, with siz­able in­fra­struc­ture de­vel­op­ments cur­rently ei­ther un­der way or in the works. ■

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