Guest The Pom Queen Posted December 20, 2013 Share Posted December 20, 2013 NEW data has revealed Perth's most profitable suburbs for 2013. All residential properties in 55 locations across WA sold for above their previous purchase price over the 12 months to August, RP Data records show. Most of the areas were within the Perth metropolitan area but the Pilbara town of Onslow recorded the highest average gain for houses. Sixteen houses were sold in the mining town over the year with an average profit of $795,344. North Coogee, a suburb south of Fremantle, was the metropolitan suburb with the highest average gain for the period. Fourteen homes were sold with an average gain of $680,978. The next most profitable suburbs were Menora (with an average gain of $663,476) in North Perth, Newman ($580,516) in the Pilbara, Daglish ($573,682) in the western suburbs, Baynton ($560,068) in Karratha, and Hilbert ($555,036), southeast of Perth. WA recorded some of the highest average gains nationally, along with NSW and Victoria, according to RP Data. Western suburbs such as City Beach ($856,194) and Churchlands ($838,670) recorded high average gains on houses sold over the time period although not all houses across these suburbs sold above the previous purchase price. Over the year to November, values across Perth rose by 8.9 per cent, RP Data figures show. WA's top 25 most profitable suburbs Suburb (Total sales, average gain) 1. Onslow (16, $795,344) 2. North Coogee (14, $680,978) 3. Menora (21, $663,476) 4. Newman (29, $580,516) 5. Daglish (11, $573,682) 6. Baynton (25, $560,068) 7. Hilbert (14, $555,036) 8. Wandi (19, $502,184) 9. Trigg (32, $467,359) 10. Inglewood (57, $433,851) 11. Champion Lakes (18, $409,392) 12. Murdoch (20, $404,083) 13. Walliston (13, $328,981) 14. Joondanna (40, $324,720) 15. South Hedland (11, $320,409) 16. White Gum Valley (35, $318,786) 17. Highgate (11, $318,091) 18. Ashfield (15, $301,507) 19. West Perth (16,$297,484) 20. Boya (10, $297,100) 21. Alkimos (29, $296,617) 22. Karawara (16, $291,188) 23. Bennett Springs (84, $267,061) 24. Hamersley (81, $261,812) 25. Samson (24, $260,708) Link to comment Share on other sites More sharing options...
Bobj Posted December 20, 2013 Share Posted December 20, 2013 NEW data has revealed Perth's most profitable suburbs for 2013. All residential properties in 55 locations across WA sold for above their previous purchase price over the 12 months to August, RP Data records show.Most of the areas were within the Perth metropolitan area but the Pilbara town of Onslow recorded the highest average gain for houses. Sixteen houses were sold in the mining town over the year with an average profit of $795,344. North Coogee, a suburb south of Fremantle, was the metropolitan suburb with the highest average gain for the period. Fourteen homes were sold with an average gain of $680,978. The next most profitable suburbs were Menora (with an average gain of $663,476) in North Perth, Newman ($580,516) in the Pilbara, Daglish ($573,682) in the western suburbs, Baynton ($560,068) in Karratha, and Hilbert ($555,036), southeast of Perth. WA recorded some of the highest average gains nationally, along with NSW and Victoria, according to RP Data. Western suburbs such as City Beach ($856,194) and Churchlands ($838,670) recorded high average gains on houses sold over the time period although not all houses across these suburbs sold above the previous purchase price. Over the year to November, values across Perth rose by 8.9 per cent, RP Data figures show. WA's top 25 most profitable suburbs Suburb (Total sales, average gain) 1. Onslow (16, $795,344) 2. North Coogee (14, $680,978) 3. Menora (21, $663,476) 4. Newman (29, $580,516) 5. Daglish (11, $573,682) 6. Baynton (25, $560,068) 7. Hilbert (14, $555,036) 8. Wandi (19, $502,184) 9. Trigg (32, $467,359) 10. Inglewood (57, $433,851) 11. Champion Lakes (18, $409,392) 12. Murdoch (20, $404,083) 13. Walliston (13, $328,981) 14. Joondanna (40, $324,720) 15. South Hedland (11, $320,409) 16. White Gum Valley (35, $318,786) 17. Highgate (11, $318,091) 18. Ashfield (15, $301,507) 19. West Perth (16,$297,484) 20. Boya (10, $297,100) 21. Alkimos (29, $296,617) 22. Karawara (16, $291,188) 23. Bennett Springs (84, $267,061) 24. Hamersley (81, $261,812) 25. Samson (24, $260,708) Oi!! Where's Peppermint Grove and Dalkeith?? They were Nos. 1 and 2 in the 60s. Cheers, Bobj. Link to comment Share on other sites More sharing options...
Paul1Perth Posted December 20, 2013 Share Posted December 20, 2013 I think the title should be WA's most profitable suburbs PQ. Onslow and Newman are thousands of kilometres from Perth and are only expensive because of the mining and oil and gas operations in those areas. Link to comment Share on other sites More sharing options...
Paul1Perth Posted December 20, 2013 Share Posted December 20, 2013 Oi!! Where's Peppermint Grove and Dalkeith??They were Nos. 1 and 2 in the 60s. Cheers, Bobj. They're still very expensive suburbs Bob. You'd be OK if you have a couple of mill to spare, as long as you don't want anything too big. Link to comment Share on other sites More sharing options...
newjez Posted December 20, 2013 Share Posted December 20, 2013 So menora went up by $600,000? Inglewood by $400,000 in the last 12 months? I don't think so. Something about this article is wrong. Link to comment Share on other sites More sharing options...
flag of convenience Posted December 20, 2013 Share Posted December 20, 2013 Oi!! Where's Peppermint Grove and Dalkeith??They were Nos. 1 and 2 in the 60s. Cheers, Bobj. They remain the most expensive but are already so high they don't rate percentage wise for price increase as does the cheaper suburbs. Link to comment Share on other sites More sharing options...
flag of convenience Posted December 20, 2013 Share Posted December 20, 2013 So menora went up by $600,000? Inglewood by $400,000 in the last 12 months? I don't think so. Something about this article is wrong. Your right of course. I thought it was the median price at first. But I know real estate has risen in Perth after a bit of a slump and rents appeared to have declined. Link to comment Share on other sites More sharing options...
Bobj Posted December 20, 2013 Share Posted December 20, 2013 What about Lockridge??:wink: It was a brand spanking new suburb in the 60's. I worked for a concrete company and we were constantly building rows of houses. Cheers, Bobj. Link to comment Share on other sites More sharing options...
Guest Posted December 20, 2013 Share Posted December 20, 2013 So menora went up by $600,000? Inglewood by $400,000 in the last 12 months? I don't think so. Something about this article is wrong. It is the profit from purchase price not in the last 12 months Link to comment Share on other sites More sharing options...
newjez Posted December 20, 2013 Share Posted December 20, 2013 It is the profit from purchase price not in the last 12 months Clearly, but it is not very clear though. Link to comment Share on other sites More sharing options...
gee13 Posted December 20, 2013 Share Posted December 20, 2013 Haha Alkimos... whod wanna live there LOL Link to comment Share on other sites More sharing options...
Bobj Posted December 20, 2013 Share Posted December 20, 2013 Applecross was also up in the top 5 as it had lotsa squillionaires along the Swan River frontage. Cheers, Bobj. Link to comment Share on other sites More sharing options...
HappyHeart Posted December 21, 2013 Share Posted December 21, 2013 Haha Alkimos... whod wanna live there LOL Loads of people...judging by the amount moving in... Link to comment Share on other sites More sharing options...
flag of convenience Posted December 21, 2013 Share Posted December 21, 2013 Loads of people...judging by the amount moving in... Loads are moving to live in Outer Suburbs for sure. But out of choice or necessity? Link to comment Share on other sites More sharing options...
HappyHeart Posted December 21, 2013 Share Posted December 21, 2013 Choice Id say Link to comment Share on other sites More sharing options...
gee13 Posted December 21, 2013 Share Posted December 21, 2013 Well I guess some folks prefer to be closer to South Geraldton than Perth.....:laugh: Link to comment Share on other sites More sharing options...
flag of convenience Posted December 21, 2013 Share Posted December 21, 2013 Applecross was also up in the top 5 as it had lotsa squillionaires along the Swan River frontage. Cheers, Bobj. Lived for years along the river frontage in probably the last un renovated house in that street. Found it very living a bubble type existence though. Great location but not at all down to earth. Link to comment Share on other sites More sharing options...
HappyHeart Posted December 21, 2013 Share Posted December 21, 2013 Given the choice Id live as far from civilisation as possible. Thats just me though. Work keeps us in the burbs though Link to comment Share on other sites More sharing options...
flag of convenience Posted December 21, 2013 Share Posted December 21, 2013 Well I guess some folks prefer to be closer to South Geraldton than Perth.....:laugh: Indeed. Costs would be enormous though if needing to commute to the city. Besides the ever present beach what would be the attraction? Block size? Land price? Link to comment Share on other sites More sharing options...
HappyHeart Posted December 21, 2013 Share Posted December 21, 2013 Everyone likes different things..why do you fail to get that flag?? Really? Link to comment Share on other sites More sharing options...
flag of convenience Posted December 21, 2013 Share Posted December 21, 2013 Given the choice Id live as far from civilisation as possible. Thats just me though. Work keeps us in the burbs though You often state that> Just what would you do though? Become a hermit? Grow your own produce? Drop out? I could do similar perhaps in Europe within reach of stimulation and interesting people in the pursuit of art or writing a book, but the Australian wilderness can be very unforgiving and lonely, I'd be inclined to think. Link to comment Share on other sites More sharing options...
HappyHeart Posted December 21, 2013 Share Posted December 21, 2013 You often state that> Just what would you do though? Become a hermit? Grow your own produce? Drop out? I could do similar perhaps in Europe within reach of stimulation and interesting people in the pursuit of art or writing a book, but the Australian wilderness can be very unforgiving and lonely, I'd be inclined to think. OMG. I cant relate to you at all. Nor you to me. Thankfully it takes all sorts to make a world. Link to comment Share on other sites More sharing options...
gee13 Posted December 21, 2013 Share Posted December 21, 2013 Clarkson is 2 suburbs south of Alkimos... go figure Link to comment Share on other sites More sharing options...
Bobj Posted December 21, 2013 Share Posted December 21, 2013 Given the choice Id live as far from civilisation as possible. Thats just me though. Work keeps us in the burbs though There is a house for rent opposite me and our village doesn't have any shops, no pub no services club, nowt. And only 200 people in the village... http://www.realestate.com.au/property-house-qld-ball+bay-412062195 Cheers, Bobj. Link to comment Share on other sites More sharing options...
AJ Posted December 21, 2013 Share Posted December 21, 2013 Loads are moving to live in Outer Suburbs for sure. But out of choice or necessity? I would say neccessity! Have you seen that place, its a building site in the middle of nowhere! You wouldnt get a 444 bus going through via Alkimos to get to Whitfords shops! Link to comment Share on other sites More sharing options...
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