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.