Australian House Prices 2003 to 2015: Perth and Western Australia

Australian House Prices 2003 to 2015: Perth and Western Australia

Changes in Australian Median House Prices 2003 to 2015 for Perth and Western Australia

Median Price of Established House Transfers in Western Australia

 

Median Price of Established House Transfers
 Perth  Rest of WA
Dec-2003  $  250,000  $  164,000
Dec-2004  $  280,000  $  199,800
Dec-2005  $  340,000  $  265,000
Dec-2006  $  470,000  $  350,000
Dec-2007  $  480,000  $  379,500
Dec-2008  $  425,000  $  351,000
Dec-2009  $  505,000  $  400,000
Dec-2010  $  500,000  $  385,000
Dec-2011  $  480,000  $  372,500
Dec-2012  $  510,000  $  370,000
Dec-2013  $  552,000  $  385,000
Dec-2014  $  550,000  $  386,000
Dec-2015  $  535,000  $  365,000

Median Price of Attached Dwelling Transfers in Western Australia

 

Median Price of Attached Dwelling Transfers
 Perth  Rest of WA
Dec-2003  $  198,000  $  138,000
Dec-2004  $  229,000  $  165,000
Dec-2005  $  276,000  $  220,000
Dec-2006  $  362,500  $  297,000
Dec-2007  $  385,000  $  319,500
Dec-2008  $  350,000  $  300,000
Dec-2009  $  415,000  $  339,000
Dec-2010  $  410,000  $  335,000
Dec-2011  $  400,000  $  328,300
Dec-2012  $  410,000  $  310,000
Dec-2013  $  450,000  $  320,000
Dec-2014  $  450,000  $  339,300
Dec-2015  $  435,000  $  295,000

 

Source:

ABS 6416.0 – Residential Property Price Indexes: Eight Capital Cities, Dec 2015

Perth property prices are based on the Greater Perth area with a population of about 2,021,200 and covering an area of 6,417.9 km2 (2,478.0 sq miles).
Population Density of Perth is about 815 people per sq mile.

Western Australia has a population of about 2,565,600 and a land area of 2,529,875 km² (976,790 sq miles).
Population Density of Western Australia is about 3 people per sq mile.

About 79% of the Western Australian population live in its Capital City, Perth.

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