CoreLogic’s annual Best of the Best report listed Waikiki the leading growth suburb in the Perth metro area, with 14.3% growth over the last 12 months. The median house price of $489,670 makes it an attractive suburb for people entering the property market and investors alike.
It was a Rockingham area versus Mandurah tussle, with Waikiki, Calista, Warnbro, Medina, Cooloongup and Safety Bay taking 6 of the 10 spots in the table and the balance were areas around Mandurah.
The Rockingham area is finishing strongly in 2022 and has been mentioned frequently in the second half of the year for double digit growth, bucking the trend of the more expensive suburbs in Perth.
Source – Sydney Morning Herald
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