Inner North MARKET INSIGHTS SUMMER 2025 Courtesy of Ray White Inner North
1 Simon Pigliardo Director | Ray White Inner North We are delighted to update you on the activity in Inglewood, Mount Lawley, Mount Hawthorn, North Perth, Menora, Dianella, Highgate, Bedford and surrounds. As we head into the new year, the Perth property market continues to shine, being one of the most competitive buying markets in Australia. According to REIWA Perth’s median sale price in December rose 1.7 per cent from November 2024 and 23.3 per cent higher than December 2023. Homeowners have hit the ground running as we see a steady increase of homes coming to market in January 2025. With the continued strong demand for established homes, the market continues to be very promising for our sellers. A message from our directors Happy New Year!
2 Despite the ongoing cost of living pressures, and high interest rates, first home buyers are still actively working to get into the property market. Investors are drawn to Perth due to strong rent yields, low vacancy rates and rising rent. If you are curious to find out how your property would perform in this current market, contact one of our local agents specialising in your area. Our extraordinary team continues to exceed all expectations, attaining outstanding results for our clients across the board. We could not be any prouder of their achievements, and we look forward to helping all our wonderful clients this year. We hope you enjoy the read! Matt Seabrook Director | Ray White Inner North
3 RECENT SALES IN MOUNT LAWLEY “Helen is by far the very best agent we have ever dealt with. Her attention to ensuring a memorable transaction for both buyer and seller is rarely experienced. She is a tremendous asset to Ray White, and we wouldn’t hesitate in recommending her to anyone buying or selling a property!” – EDWARD Helen Bond | 0411 223 004 | helen.bond@raywhite.com 3 2 2 2 3 2 2 2 5 4 5 4 SOLD UNDISCLOSED SOLD $2,400,000 SOLD $2,110,000 SOLD $2,100,000 71 Farnley Street, Mount Lawley 67 Farnley Street, Mount Lawley 21 Stanley Street, Mount Lawley 48 Second Avenue, Mount Lawley
4 FAST FACTS – MOUNT LAWLEY Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES UNITS 29 SOLD LAST QUARTER 10 AVERAGE DAYS ON MARKET (Source: REIWA) 24 SOLD LAST QUARTER HOUSES UNITS MOUNT LAWLEY HOUSES SALES $1,740,000 $469,000 $4,575,000 $2,075,000 $615,000 $245,000 MEDIAN MEDIAN HIGHEST HIGHEST LOWEST LOWEST $1.0M 60 $1.5M 120 $2.0M 180 $500K 0 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
5 RECENT SALES IN INGLEWOOD “Matt had a very clear sense of market conditions. We were fortunate that market conditions coincided well with our ability to sell. Our former home, which we had invested significant thought, time and money into, sold wonderfully simply on the first open. This was undoubtedly facilitated by Matt’s skillful timing, pricing recommendation, and read of home open attendants. His team produced a fantastic result for us. Very happy.” – SOPHIE Matt Seabrook | 0435 227 120 | matt.seabrook@raywhite.com 4 2 2 2 1 2 2 2 3 4 3 2 SOLD $1,160,000 SOLD $1,800,000 SOLD $1,590,000 SOLD $791,000 207A Ninth Avenue, Inglewood 12 Normanby Road, Inglewood 79 Dundas Road, Inglewood 8/166 Seventh Avenue, Inglewood
6 FAST FACTS – INGLEWOOD Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES UNITS 10 SOLD LAST QUARTER 9 AVERAGE DAYS ON MARKET (Source: REIWA) 14 SOLD LAST QUARTER HOUSES UNITS INGLEWOOD HOUSES SALES $1,303,000 $490,500 $2,355,000 $1,225,000 $345,000 $300,000 MEDIAN MEDIAN HIGHEST HIGHEST LOWEST LOWEST $900K 30 $1.1M 60 $1.3M 90 $700K 0 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
7 RECENT SALES IN MOUNT HAWTHORN “Annie was knowledgeable of the local market with a good presence. The team were all professional, efficient & communicated regularly to allow for a successful property sale. Annie was recommended to me. I would have no hesitation in doing likewise.” – TRACEY Annie Kowal | 0418 795 654 | annie.kowal@raywhite.com 2 3 1 2 2 1 1 2 3 3 3 4 SOLD $1,403,000 SOLD $1,550,000 SOLD $1,380,000 SOLD $1,775,000 123 London Street, Mount Hawthorn 153 Flinders Street, Mount Hawthorn 20 Sasse Avenue, Mount Hawthorn 127 Dunedin Street, Mount Hawthorn
8 FAST FACTS – MOUNT HAWTHORN Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES UNITS 10 SOLD LAST QUARTER 9 AVERAGE DAYS ON MARKET (Source: REIWA) 13 SOLD LAST QUARTER HOUSES UNITS MOUNT HAWTHORN HOUSES SALES $1,690,000 $740,000 $3,050,000 $1,000,000 $1,120,000 $410,000 MEDIAN MEDIAN HIGHEST HIGHEST LOWEST LOWEST $1.1M 95 $1.4M 110 $1.7M 125 $800K 80 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
9 RECENT SALES IN COOLBINIA & MENORA/ NORTH PERTH “Simon demonstrated high professionalism, expertise, and dedication that exceeded our expectations. His friendly and personable nature made the entire experience pleasant and stress-free. I highly recommend Simon to anyone needing a reliable and knowledgeable real estate sales representative in WA.” – JODI Simon Pigliardo | 0419 945 652 | simon.pigliardo@raywhite.com 2 2 2 2 3 2 2 2 4 2 3 2 SOLD $2,930,000 SOLD $835,000 SOLD $2,100,000 SOLD $1,600,000 Sold with Helen Bond Sold with Helen Bond 157 Bradford Street, Coolbinia 9/4-6 Kadina Street North Perth 22 Elstree Avenue, Menora 114 Alma Road, North Perth
10 FAST FACTS – COOLBINIA Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES 3SOLD LAST QUARTER HOUSES 14 AVERAGE DAYS ON MARKET (Source: REIWA) COOLBINIA HOUSES SALES $1,325,000 $2,100,000 $615,000 MEDIAN HIGHEST LOWEST $1.2M 20 $1.4M 25 $1.6M 30 $1.0M 15 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
11 RAY WHITE INNER NORTH NEWS NEW TO THE TEAM Cally Murray Senior Property Manager Cally is an experienced property manager with 15 years in the industry, having handled a wide range of property-related challenges, the day to day task of property management to complex tenant and property issues, she brings a wealth of knowledge and expertise to every situation.
12 A LITTLE RAY OF GIVING! To end another successful year, our team gathered at the amazing Post Osteria & Bar for an afternoon of delicious food and the best company. Ray White Inner North collected gifts for Orana House to help spread the Christmas Spirit amongst families affected by family and domestic violence. CELEBRATING THE END OF 2024
13 RECENT SALES IN DIANELLA “From day one I found Joe to be professional, informative and honest and would highly recommend him to anyone thinking of selling their home. His knowledge of the market was excellent, and nothing was ever too much trouble to help with. He communicated often through the whole process and made a difficult job for me so much easier. He secured a great price for the property!” – LISA Joe Cipriani | 0417 948 078 | joe.cipriani@raywhite.com 1 1 2 2 1 1 2 2 3 2 4 4 SOLD $655,000 SOLD $550,000 SOLD $1,135,000 SOLD $1,080,000 3B Mango Place, Dianella 7/240 The Strand, Dianella 353 Grand Promenade, Dianella 32A Valentine Avenue, Dianella
14 FAST FACTS – DIANELLA Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES UNITS 26 SOLD LAST QUARTER 13 AVERAGE DAYS ON MARKET (Source: REIWA) 53 SOLD LAST QUARTER HOUSES UNITS MOUNT LAWLEY HOUSES SALES $940,000 $632,500 $2,100,000 $888,000 $440,000 $332,700 MEDIAN MEDIAN HIGHEST HIGHEST LOWEST LOWEST $700K 350 $900K 400 $1.1M 450 $500K 300 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
15 RECENT SALES BY BEN CONNOR “Fantastic experience with Ben and his team with the recent sale of our apartment in Perth. From the first phone call to the finalisation of the sale the process was brilliant. Such an easy process and great outcome within one week. Very grateful for the service provided to us.” – LYNDA & BRENDAN Ben Connor | 0410 425 397 | ben.connor@raywhite.com 1 1 2 1 1 2 2 2 1 2 2 SOLD $435,000 SOLD $420,000 SOLD $680,000 SOLD $580,000 5/415 Charles Street, North Perth 1/38 York Street, North Perth 10/188 Loftus Street, North Perth 15/1 Bourke Street, North Perth
16 FAST FACTS – NORTH PERTH Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES UNITS 24 SOLD LAST QUARTER 12 AVERAGE DAYS ON MARKET (Source: REIWA) 23 SOLD LAST QUARTER HOUSES UNITS NORTH PERTH HOUSES SALES $1,292,500 $627,500 $2,207,000 $1,502,000 $275,000 $335,000 MEDIAN MEDIAN HIGHEST HIGHEST LOWEST LOWEST $1.0M 140 $1.2M 160 $1.4M 180 $800K 120 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
17 RECENT SALES BY AMY GRECH “The quality of Amy’s work was evident from the very first phone call we had. Amy went above and beyond to ensure that we were taken care of at all times, and that all lines of communication were open. Thanks Amy for everything, we will be recommending you and your amazing work to every family member, friend and colleague we speak to.” – CRAIG Amy Grech | 0459 586 639 | amy.grech@raywhite.com 2 2 2 1 1 1 2 1 2 3 3 2 SOLD $580,000 SOLD $840,000 SOLD $770,000 SOLD $492,000 4/84 Subiaco Road, Subiaco 3/63 Central Avenue, Mount Lawley 4/72 Ninth Avenue, Maylands 11/323 Stirling Street, Highgate
18 FAST FACTS – HIGHGATE Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES UNITS 14 SOLD LAST QUARTER 14 AVERAGE DAYS ON MARKET (Source: REIWA) 5SOLD LAST QUARTER HOUSES UNITS HIGHGATE HOUSES SALES $1,250,000 $469,750 $1,385,000 $707,000 $450,000 $320,000 MEDIAN MEDIAN HIGHEST HIGHEST LOWEST LOWEST $850K 10 $950K 20 $1.05M 30 $750K 0 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
19 RECENT SALES BY TINA HO “We had an excellent experience working with Tina to sell our house. Her professionalism, market knowledge, and attention to detail were truly impressive. Tina guided us through every step of the process with clear communication and genuine care, making what could have been a stressful experience seamless and efficient. She went above and beyond to secure the best outcome for us. We highly recommend Tina to anyone looking for a dedicated and skilled real estate agent.” – HALIM & AYSEN Tina Ho | 0423 787 447 | tina.ho@raywhite.com 2 4 2 2 1 2 1 1 3 4 3 2 SOLD $769,000 SOLD $709,000 SOLD $595,000 SOLD $580,000 376B Walter Crescent, Morley 26 Teraglin Way, Warnbro 44 Constance Street, Nollamara 2/90 King William Street, Bayswater
20 FAST FACTS – BEDFORD Source: Core Logic RPData 6 November 2024 - 6 February 2025 HOUSES UNITS 5SOLD LAST QUARTER 13 AVERAGE DAYS ON MARKET (Source: REIWA) 17 SOLD LAST QUARTER HOUSES UNITS MOUNT LAWLEY HOUSES SALES $900,000 $790,000 $1,620,000 $972,000 $705,000 $732,700 MEDIAN MEDIAN HIGHEST HIGHEST LOWEST LOWEST $700K 100 $900K 110 $1.1M 120 $500K 90 2020 2021 2022 2023 2024 MEDIAN HOUSE SALE PRICE NUMBER SOLD
21 PROPERTY MANAGEMENT Choosing who to have your property professionally managed by is a big commitment whether it’s your first property, the family home or part of a growing investment portfolio, we know how important it is for you to know your biggest asset is being looked after to the highest standard and creating wealth for your future. Sinead alongside the rest of the team at Inner North have the expertise, market insight and will always have your best interests at heart. Sinead McConnell | 0477 805 819 | sinead.mcconnell@raywhite.com 2 2 1 2 2 2 2 2 4 4 3 3 LEASED $1,500 per week LEASED $1,050 per week LEASED $870 per week LEASED $1,100 per week 66 Buxton Street, Mount Hawthorn 178A Shaftesbury Avenue, Bedford 246B Charles Street, North Perth 275A Walcott Street, North Perth
22 Median weekly house rent (3 bed) Median weekly unit rent (2 bed) Mount Lawley $900 $600 Inglewood $810 $600 Mount Hawthorn $750 $750 Coolbinia $900 $545 Dianella $688 $555 North Perth $883 $670 Highgate $690 $680 Bedford $710 $650 FAST FACTS – LEASING Source: Core Logic RPData 6 November 2024 - 6 February 2025 2 2 2 2 4 3 LEASED $1,300 per week LEASED $800 per week 51 Dundas Road, Inglewood 7/39-41 Bronte Street, East Perth
ELITE REAL ESTATE PROFESSIONAL SUPPORTING LOCAL westendsettlements.com.au Our highly experienced Perth conveyancing and property settlement team offer exceptional service, competitive prices and deliver timely settlements with a minimum of stress for our clients. Erica Settineri Managing Director 0419 916 533 Shop 6, 7 Scarborough Beach Road, North Perth erica@westendsettlements.com.au Ray White Inner North 330 Fitzgerald Street, North Perth WA 6006 | (08) 6377 8888 raywhiteinnernorth.com.au Helen Bond YOUR LOCAL AWARD WINNING AGENT REIWA Master Salesperson 2024 REIWA Grand Master 2021, 2022 & 2023 Ray White Elite Performer 2021, 2022, 2023, 2024,2025 Ray White Top 3 Client Choice - Individual PROVEN, DRIVEN, PASSIONATE Call now for an appraisal! Helen Bond 0411 223 004 helen.bond@raywhite.com We take pride in being your trusted partner in finance Need Finance/Want a 2nd opinion from a highly experienced award winning expert? Damian James M: 0413 209 144 P: 08 9443 1777 damian@lioniq.com.au www.lioniq.com.au • Award Winning Expert Finance Broker • Over 25 years’ experience • Over 60 leading lenders on panel Contact me for an oblication free chat about your needs
RkJQdWJsaXNoZXIy MTI3ODI1