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Home › Market Insights › Fastest Growing Suburbs in Perth for 2025
Perth’s property market has been buzzing. In the past year, some suburbs have seen prices jump by double digits, rentals snapped up in days, and homes selling faster than ever. For buyers and investors, this raises a big question: which suburbs are growing the quickest right now, and why?
In this guide, you’ll learn what “growth” really means, which Perth suburbs are standing out, and what’s driving their rise from population growth to new train lines. Whether you’re looking to buy, invest, or sell, you’ll get the insights you need to make smarter decisions, backed by trusted data from REIWA, CoreLogic, PropTrack and the ABS.
Key Takeaways Perth is leading national growth in 2024–2025, with several suburbs posting double-digit annual gains. Capital growth (median house/unit price increases) is the main measure of “fastest growing”, but days on market, rental growth and buyer enquiry add important context. Hot performers include Bateman (+41%), Bellevue (+36.9%), Bicton (unit growth), and affordable outer-ring areas like Brookdale and Seville Grove, where homes are selling in under two weeks. Prestige pockets like Peppermint Grove and Cottesloe remain in demand, with rising buyer enquiry even as broader conditions shift. Population growth, affordability ripple, and METRONET projects are key drivers pushing up demand across Perth suburbs. Investors should look for the combo of price growth + rental yields + tight vacancy, while home buyers should focus on lifestyle, commute and budget first. Sellers in growth suburbs can benefit from strong demand, but timing, presentation, and choosing the right agent remain crucial to maximise results.
Key Takeaways
Next Step: If you’re thinking of selling in a growth suburb, talk to a trusted local agent now to make the most of today’s strong buyer demand.
Before we list any suburbs, it helps to agree on what “growth” really means. In property, growth usually refers to capital growth, the change in a suburb’s typical value over a period (often 12 or 24 months). Most sources use the median (the middle value of sales) because it’s less skewed by a few very expensive or very cheap sales. If the median house value in a suburb moves from $600,000 to $660,000 over a year, that’s 10% growth. You’ll also see unit/townhouse medians reported separately, because houses and units can behave differently depending on supply, buyer preferences and local development activity. Timeframe matters too: a suburb can look hot on a 12-month view but flatter on a 24-month view, so we check both to see if momentum is new, ongoing, or cooling.
Capital growth is our headline measure because it captures the market’s aggregate willingness to pay. We look for suburbs showing clear, recent median value increases on reliable dashboards from CoreLogic and PropTrack/REA. To cut through noise, we prioritise suburbs with enough recent sales (so a handful of transactions doesn’t distort the median) and look at both houses and units where relevant. We also compare 12-month vs 24-month trends to understand whether a suburb is only experiencing a short burst or has longer-running momentum. Where possible, we glance at price segments (entry-level vs prestige) to see which part of the market is driving the move.
Why medians (and not averages)? Medians are sturdier when one or two standout sales hit the record books. Still, medians aren’t perfect: a month with many new builds or renovations settling can temporarily lift them, and a month with more fixer-uppers can pull them down. That’s why we never rely on a single month alone; we look at rolling quarters and corroborate across sources.
Capital growth doesn’t happen in a vacuum, so we cross-check a few practical indicators that often move ahead of or alongside price growth. Think of these as the “why” behind the numbers.
How we use these signals: If a suburb shows solid 12-month price growth and faster-than-average selling times and firm rental conditions, that’s a stronger story than price growth alone.
When we compile “fastest-growing” picks, we follow a transparent, repeatable process:
Even the best data has blind spots, so keep these in mind:
Below are Perth suburbs showing strong recent signals across capital growth, speed of sale, rental pressure, or buyer enquiry
A standout on REIWA’s annual wrap, Bateman’s median house price rose ~36.8% to ~$1.4m in FY2024–25, driven by family-buyer demand around top school catchments and access to rail and hospitals. Turnover has been healthy, and upgrader activity remains a key driver at this price point. Watch listing volumes; supply spikes can cool momentum.
On the unit side, Bicton topped REIWA’s list with ~55.6% median price growth to ~$770k in FY2024–25. Downsizers and lifestyle buyers are paying up for renovated stock near the river and café strips. Check building condition and strata levies carefully—cost blowouts can erode returns.
Detached houses in Gwelup are selling in a median of ~7 days, per REIWA’s latest financial-year data—a strong demand signal for well-located family homes near the coast and Karrinyup retail. Short DOM often precedes price lifts when stock stays tight.
Units in Yokine sold in a median ~6 days over FY2024–25, matching house-market pace and highlighting renewed interest in well-connected inner-north apartments. Strong rental enquiry adds a buffer for investors, but building quality and strata health still matter.
REIWA shows Shenton Park recorded one of the largest house rent increases (~29.4% y/y to ~$1,100/week), reflecting severe rental tightness close to UWA, SCGH and rail. For investors, rent growth supports yields; for buyers, it can foreshadow buyer competition if vacancies stay near record lows.
On the unit side, Lathlain’s median rent jumped ~33.3% y/y (~$600/week), underscoring pressure near the stadium/city corridor and strong tenant demand for renovated mid-rise stock. Pair rent growth with vacancy checks and upcoming supply.
Cannington led house yields (~5.9%) in REIWA’s FY2024–25 snapshot (median price ~$613k; median rent ~$700/week). Rail access, employment hubs and relative affordability pull in both renters and first-home buyers, which can underpin values. Cross-check for any large new-supply pipelines.
These Armadale-area pockets have repeatedly appeared on REIWA “fastest-selling” roundups, with Seville Grove clocking ultra-low DOM in prior updates as families chase sub-median house prices and decent blocks. Great for budget-conscious buyers; just be selective on street/stock quality and flood/fire overlays.
At the very top end, buyer enquiry in Peppermint Grove rose ~59% y/y on PropTrack’s high-intent measures, signalling resilient prestige demand even as broader enquiry eased. In tightly held blue-chip markets, demand spikes can flow to prices when listings are scarce.
Cottesloe enquiry climbed ~18% y/y on PropTrack’s prestige read. While high medians limit the buyer pool, the lifestyle drawcard and scarcity of A-grade stock keep competition intense. Always test current medians against the latest quarter, prestige can be lumpy month to month.
Ray White’s national rankings (reported by The Australian) again placed Cottesloe-Claremont at #1, with South Perth, Perth city, Melville and Fremantle also featuring on 2025 lists—pointing to sustained demand across premium inner corridors. Track absolute dollar gains alongside % growth to see where money is really moving.
REIWA’s FY2024–25 wrap shows units outpacing houses for median price growth city-wide (units +20.0% to ~$540k vs houses +16.4% to ~$786k), and time-to-sell narrowing to roughly two weeks for both, useful context when weighing houses vs units in each suburb.
Perth’s recent outperformance isn’t luck. A few powerful forces are lifting demand and pushing prices in specific pockets before the momentum ripples outward. If you’re new to property data, think of these as the “engines” behind the suburbs we highlighted. Below, we explain each driver and point you to credible sources you can check yourself.
Western Australia just clicked past 3 million residents and has been the fastest-growing state in Australia on recent reads. More people means more households competing for a limited pool of rentals and for-sale homes, which tightens vacancy and shortens selling times. That pressure shows up first near jobs, universities and transport, then fans out to more affordable rings. For a quick sense-check, see the ABC’s coverage of the latest ABS release confirming WA’s population milestone and growth lead, and the WA Treasury’s summary page that tracks quarterly population updates.
When blue-chip and inner-metro prices climb beyond many budgets, buyers widen their search. This “ripple effect” pushes demand into nearby, better-value suburbs, often the ones with good road links or a new train line coming. REA/PropTrack’s monthly reports have regularly shown Perth sitting at or near price peaks in 2025, which is consistent with spill-over demand into mid-ring and outer-ring areas offering more house for the money. Cross-check the latest PropTrack Home Price Index to see Perth’s position among the capitals.
Transport access is one of the simplest, most durable value drivers: it shrinks commute times and opens up job and study options. In Perth, the multi-year METRONET program (Morley–Ellenbrook Line, Yanchep Rail Extension, Thornlie–Cockburn Link, new Bayswater/Midland stations and level-crossing removals) is reshaping rail access across the suburbs. Even before services open, buyer expectations can lift enquiry and prices within walking distance of new or upgraded stations. Scan the METRONET project list to see what’s complete and what’s coming, and keep an eye on industry coverage summarising recent openings and upgrades.
Perth’s rental market has been tight for an extended period, with vacancy hovering around levels well below a “balanced” 2.5–3.5%. When rentals are scarce, rents rise, yields look attractive, and some tenants decide to buy, adding more competition to the sales side. REIWA’s vacancy tracker explains the balanced-range benchmark and shows the most recent readings; several agencies also noted the vacancy rate lifting to about ~2% in early 2025 (still tight by historic standards). Use the REIWA page to watch the latest move each month.
Finally, look at the city-wide price indices. Cotality reported Perth leading annual growth through much of 2024–2025, with national prices hitting fresh records in early–mid 2025 and Perth among the capitals at peak. This gives you the big-picture context for why so many Perth suburbs appear on “fastest-growing” lists right now. Read PropTrack’s May 2025 index wrap and cross-reference CoreLogic-based news to see the broader trend.
Both price growth and rent growth signal a strong market, but they tell you different things. Here’s how to read them, and which one to prioritise based on your goal.
If you’re investing, you want total return: capital gains plus rental income.
Quick framework: pick suburbs where (1) prices are trending up on 12–24m views, (2) vacancy is around or below balanced, (3) rents are climbing, and (4) DOM is shorter than the city median.
If you’re buying to live in, focus on how life will feel day to day, then sanity-check the data.
If you’re selling in one of Perth’s growth suburbs, the current conditions can work in your favour but only if you prepare wisely.
Selling in a growth market is exciting but don’t assume momentum alone will guarantee the best outcome. With strong buyer demand, the difference between a quick sale and a record sale often comes down to your preparation and the agent you choose.
Even in fast-growing suburbs, risks can creep in. Here are some of the main ones to keep in mind before you commit.
If you’re selling in a growth suburb, the headlines look good but there are still traps to avoid.
Selling into strength can be powerful, but it’s also when the difference between a quick sale and a record result is at its widest. Preparation, pricing, and agent choice are the levers you control
The fastest growing suburb changes month to month. According to the latest REIWA and CoreLogic data, suburbs like Bateman, Bellevue and Bicton have recently shown strong price growth, while outer-value areas such as Brookdale and Seville Grove are selling quickly. Always check the most recent quarterly updates before making a decision.
In real estate, “growth” usually refers to capital growt, how much the median house or unit price has risen over a set period. Population growth is a supporting factor (more residents = more demand), but property growth is measured through sales data.
Yes, demand remains resilient in blue-chip suburbs. Buyer enquiry in Peppermint Grove rose ~59% year-on-year and in Cottesloe ~18% year-on-year, according to PropTrack. While prestige markets can be volatile due to fewer sales, demand signals remain positive.
Affordable outer-ring suburbs such as Brookdale, Seville Grove and Camillo have recorded some of Perth’s fastest sales times. They appeal to first-home buyers and investors chasing value. REA and PropTrack have highlighted these areas in their “fastest selling” lists.
Rental growth can be a supporting indicator, but it’s not the whole story. A tight rental market signals demand, which may flow into price growth as tenants choose to buy. However, always confirm with sales and median value data first.
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