Grow South East (South East Metropolitan Region)Economic profile
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Grow South East (South East Metropolitan Region)

Housing prices

At June 2016, the median house valuation in the Grow South East (South East Metropolitan Region) was $13,298 higher compared to Western Australia.

This indicator shows the value of houses and units in the Grow South East (South East Metropolitan Region) and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses Western Australia: $497,396 Western Australia: $478,871 Western Australia: $496,421 Western Australia: $537,452 Western Australia: $534,155 Western Australia: $500,225 Western Australia: $479,243 Greater Perth: $524,554 Greater Perth: $505,025 Greater Perth: $526,786 Greater Perth: $570,796 Greater Perth: $573,329 Greater Perth: $536,845 Greater Perth: $516,291 Grow South East (South East Metropolitan Region): $486,586 Grow South East (South East Metropolitan Region): $473,401 Grow South East (South East Metropolitan Region): $500,698 Grow South East (South East Metropolitan Region): $550,750 Grow South East (South East Metropolitan Region): $552,346 Grow South East (South East Metropolitan Region): $520,340 Grow South East (South East Metropolitan Region): $490,465
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units Western Australia: $385,007 Western Australia: $372,390 Western Australia: $392,444 Western Australia: $427,041 Western Australia: $422,375 Western Australia: $392,052 Western Australia: $367,211 Greater Perth: $389,826 Greater Perth: $380,671 Greater Perth: $403,098 Greater Perth: $438,230 Greater Perth: $431,343 Greater Perth: $407,830 Greater Perth: $379,904 Grow South East (South East Metropolitan Region): $394,808 Grow South East (South East Metropolitan Region): $387,643 Grow South East (South East Metropolitan Region): $419,228 Grow South East (South East Metropolitan Region): $457,661 Grow South East (South East Metropolitan Region): $451,622 Grow South East (South East Metropolitan Region): $420,275 Grow South East (South East Metropolitan Region): $383,871
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)Grow South East (South East Metropolitan Region)Greater PerthWestern AustraliaGrow South East (South East Metropolitan Region)Greater PerthWestern Australia
2017$490,465$516,291$479,243$383,871$379,904$367,211
2016$520,340$536,845$500,225$420,275$407,830$392,052
2015$552,346$573,329$534,155$451,622$431,343$422,375
2014$550,750$570,796$537,452$457,661$438,230$427,041
2013$500,698$526,786$496,421$419,228$403,098$392,444
2012$473,401$505,025$478,871$387,643$380,671$372,390
2011$486,586$524,554$497,396$394,808$389,826$385,007

Source: Hometrack 2011-2016, Housing Valuation System.

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