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Highest Home Value in Western Australia

Top 100 cities ranked by highest home value

Highest Home Value — Western Australia

1 City Beach $422,400
2 Iluka $357,800
3 Floreat $338,000
4 Cottesloe $309,800
5 Winthrop $307,000
6 Ocean Reef $295,800
7 Nedlands $281,600
8 Mindarie $281,600
9 Hillarys $276,000
10 Woodvale $270,400
11 Sorrento $270,400
12 Applecross $267,600
13 Wembley Downs $264,800
14 Mullaloo $264,800
15 Duncraig $259,200
16 Claremont $259,200
17 Darch $259,200
18 Mount Pleasant $259,200
19 Landsdale $253,600
20 Karrinyup $253,600
21 Carine $253,600
22 Leeming $247,800
23 Carramar $247,800
24 Subiaco $246,800
25 Kallaroo $244,000
26 Tapping $242,200
27 Wattle Grove $242,200
28 Madeley $241,200
29 Canning Vale $239,400
30 Attadale $239,400
31 Southern River $236,600
32 Harrisdale $236,600
33 Piara Waters $236,600
34 Bull Creek $236,600
35 Mount Hawthorn $236,600
36 East Fremantle $236,600
37 Aubin Grove $236,600
38 Melville $236,600
39 Kingsley $235,400
40 Bennett Springs $235,400
41 East Perth $231,000
42 Stirling $231,000
43 Booragoon $231,000
44 Scarborough $228,200
45 Kinross $228,200
46 Perth $225,400
47 Willetton $225,400
48 Perth city centre $225,400
49 Success $225,400
50 Atwell $225,400
51 North Perth $225,400
52 Doubleview $225,400
53 Innaloo $225,400
54 Currambine $225,400
55 Hocking $225,400
56 West Perth $225,400
57 Bibra Lake $225,400
58 Riverton $225,400
59 Aveley $219,600
60 Greenwood $219,600
61 Kardinya $219,600
62 Padbury $219,600
63 Caversham $219,600
64 Beeliar $216,800
65 Byford $214,000
66 High Wycombe $214,000
67 Secret Harbour $214,000
68 Fremantle $214,000
69 Margaret River $214,000
70 South Perth $211,200
71 Craigie $211,200
72 Cable Beach $209,000
73 Heathridge $208,400
74 Baldivis $202,800
75 Morley $202,800
76 Joondalup $202,800
77 Banksia Grove $202,800
78 Quinns Rocks $202,800
79 Alexander Heights $202,800
80 Kalamunda $202,800
81 Bicton $202,800
82 Alkimos $202,800
83 Bedford $202,800
84 Ellenbrook $197,200
85 Ballajura $197,200
86 Australind $197,200
87 Como $197,200
88 Halls Head $197,200
89 Bayswater $197,200
90 Clarkson $197,200
91 Port Kennedy $197,200
92 Forrestfield $197,200
93 Wanneroo $197,200
94 Mount Lawley $197,200
95 Rivervale $197,200
96 Marangaroo $197,200
97 Spearwood $197,200
98 East Victoria Park $197,200
99 Wellard $197,200
100 Dalyellup $197,200

The most expensive housing markets in Western Australia reflect areas of high demand, limited supply, and strong local economies. City Beach leads with a median home value of $422,400. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in City Beach costs $422,400 — 1.2x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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