Q4 2024
The Perth property market's Spring selling season has started with active listings rising 8.4% in September, reaching 3,952. According to REIWA, new listings have exceeded sales, contributing to the increase. In Alfred Cove, the median house price has surged 28.6% over the past year, now at $1.35M. Strong demand, driven by population growth and limited building supply, is expected to continue pushing prices up throughout 2024.
Alfred Cove is a sought-after haven for families and professionals, known for its abundance of parklands, excellent schools, and a welcoming community atmosphere. The suburb offers an exceptional lifestyle which is driving the high demand for properties signaling a dynamic few months ahead!
The message from the team here at Mint for those contemplating selling or leasing, is that the current conditions present fantastic opportunities to capitalise on your property asset. We have been busy with appraisals and we anticipate 2025 being another busy year here in the West.
Publish Date: 01/01/2025
The details noted above including any figures or statistics given are based on information provided by multiple sources including the Western Australian Land Information Authority, Corelogic, REIWA, domain.com.au and realestate.com.au. The statistics noted include results performed by multiple agents and agencies. Whilst all reasonable effort has been made to ensure the enclosed information is correct at the time of publication, Mint Real Estate does not warrant or guarantee the accuracy or completeness of the data.
