Perth's New Median House Price $545,000

REIWA has announced that the Perth median house price has now reached a new high of $545,000 and could get up to $570k by the end of the year. In December 2012, the house prices in Perth were at $495,000 which means that the median house price has gone up 10% in the past year.

2013 in Perth 9.9% growth

Perth has recorded a 9.9% increase in median house prices in the past year which is second in the country after Sydney (14.5%) Perth's median house price according to RP Data is now at $520,000. Just in December, Perth's median house price went up 1.3% in a normally quiet month for real estate. Apparently, the increase last year was the best since 2009 for Perth.