Friday, May 9, 2014

45 Perth Suburbs Under Stamp Duty Exemption $430,000

The biggest announcement for real estate in WA from the Budget is that the government will drop the threshold for houses with stamp duty exemption to $430,000. The median house price in WA is at $545,000 which means that it is increasingly harder to find a property which will not attract any stamp duty. According to RP Data, only 45 suburbs in Perth and the extended metropolitan area have a median house price of less than $430,000. To help you with visualising this, we have placed all 45 suburbs in a map which also shows their distance from Perth city. You can see this here



MEDIAN HOUSE PRICES BELOW $430,000
Source: RP Data. All data is to February 2014.
ARMADALE $315,000
BALGA $416,000
BANKSIA GROVE $415,500
BEECHBORO $430,000
BELLEVUE $352,000
BERTRAM $415,000
BROOKDALE $309,750
BUTLER $430,000
CALISTA $307,500
CAMILLO $312,000
CLARKSON $429,000
COOLOONGUP $323,500
ELLENBROOK $430,000
GIRRAWHEEN $390,000
GOLDEN BAY $392,500
GOSNELLS $365,000
HERNE HILL $421,500
HILLMAN $330,000
KELMSCOTT $360,000
KENWICK $405,000
KOONDOOLA $397,000
KOONGAMIA $352,000
LANGFORD $402,000
LEDA $327,000
LOCKRIDGE $372,000
MADDINGTON $360,000
MEDINA $272,500
MERRIWA $377,000
MIDDLE SWAN $380,000
MIDLAND $395,000
MIDVALE $350,000
MIRRABOOKA $401,000
MUNDIJONG $395,000
ORELIA $328,750
PARMELIA $315,000
PORT KENNEDY $397,000
RIDGEWOOD $421,500
SAFETY BAY $420,000
SEVILLE GROVE $380,000
STRATTON $357,250
SWAN VIEW $407,000
TWO ROCKS $402,000
WAIKIKI $390,000
WARNBRO $360,000
YANCHEP $422,000

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