“We’ve compiled a list of 10 affordable and attractive options across Perth, and wherever you prefer to be, there’s something to suit everyone.”
Perth’s median house price was $551,000 at the end of June. If you’re in the market for a first home, new home or investment you might be wondering what you can find at that price? We searched reiwa.com and found an array of choices that are priced around or under the median.
We’ve compiled a list of 10 affordable and attractive options across Perth, and whether you prefer to be by the beach, close to the city, or tucked away in the hills, there’s something to suit everyone.
Homes are selling in record time, so if one of them takes your fancy you’d better act quickly. 
Perth – Mid $500,000’s
If it’s inner-city luxury you’re looking for, this one-bedroom, one-bathroom apartment in The Towers boasts sweeping views over Elizabeth Quay. Whether you work in the CBD or enjoy the hustle-and-bustle of city life, the home is perfectly located, in walking distance to an abundance of restaurants and cafes, and close to public transport. Watch firework celebrations from your private balcony or make use of the complex’s many amenities including a pool, gym, barbecue area and conference room. 
Forrestfield – $500,000’s
This newly renovated three-bedroom, two-bathroom home offers the perfect blend of comfort and style, inviting you to simply move in and enjoy the cosy atmosphere. Fully fenced and gated for added security, it ensures a safe abode for you, your kids, and your pets. With two separate living areas, a well-designed kitchen and attractive features like a low-maintenance front yard and alfresco area, this home provides both convenience and design. And if you love the great outdoors, it’s just a short drive to Lesmurdie Falls and scenic hiking trails.
Coogee – $520,000
A stone’s throw from Coogee Beach and Omeo Wreck and close to shopping centres, this stylish three-bedroom, two-bathroom apartment is perfectly positioned for someone seeking a convenient coastal lifestyle. It’s modern, low maintenance and in a small complex of just four homes. The home features wood-laminate flooring, stone benchtops and comes with two undercover car bays and a dedicated storeroom. An open-plan living/dining/kitchen area maximises space and opens out to a private balcony taking in the Northern sun all day long. 
Craigie – Offers above $489,000
You’ll fall in love with this delightful three-bedroom, one-bathroom home. It’s had a fairy godmother makeover and boasts polished porcelain floor tiles in the living areas, stone benchtops in the kitchen, a huge patio with a gable roof for entertaining and a pretty sitting area out the front. It’s gorgeous but wonderfully low maintenance, which will let you make the most of the location. It’s minutes from the white sands and seals of Kallaroo and Mullaloo beaches, an easy stroll from Forrest Park and walking distance of Craigie IGA, local shops and Perilya Medical Centre – talk about convenient. There’s also easy access to the freeway and train station for a commute to the city or Joondalup. 
Rivervale – Mid $500,000’s
Built in 2015, this corner penthouse apartment features million-dollar views over the Swan River. And it’s just 200 metres from the riverside pathways if you fancy a walk by the water. Minutes from the Crown complex and Optus Stadium, it is an idyllic location for those who wish to be near the city. With two bedrooms, two bathrooms and two car bays, and the option to purchase all furniture, it is ready to move in and enjoy, or would make a ready-for-market investment property. 
Dudley Park – $520,000
Minutes from the Mandurah estuary with local nature reserves in walking distance, this four-bedroom, two-bathroom home is a family oasis. Set on a 641sqm block, it has room for the kids to play, a great entertaining area and poolside gazebo surrounded by lush greenery. With the pool to keep you all cool during the Summer months, and a gas fire to keep you warm during Winter, the home offers year-round comfort. Dudley Park is a family friendly suburb less than five minutes from the centre of Mandurah, which makes this property a great opportunity for a family looking to set down some roots. 
Fremantle – Mid $400,000’s
With its high ceilings and exposed beams, this studio apartment has a spacious feel and striking presence. It is also right in the middle of the action, walking distance to the Fremantle Ports and an abundance of restaurants and cafes. The home is leased until December, so could be a great investment opportunity. It’s also the perfect pad for young professionals, seeking to enjoy Fremantle’s charms, and is well-connected with the Fremantle Station for those working in the city. And it’s being sold fully furnished. 
Middle Swan – Mid-to-high $400,000’s
Set on over 900sqm, this well-priced four-bedroom, one-bathroom home is ideal for first home buyers, investors, or someone looking for a property with potential. The residence features a spacious lounge room and open-plan kitchen/dining area. The expansive backyard has drive-through access, making it a potential option for subdivision (subject to council approval of course) or expansion. And the home is walking distance to public transport and a local school. 
Byford – $550,000
With four bedrooms, two bathrooms, a theatre room, study and activity room, this spacious house enables the whole family to spread out and enjoy. It has the added convenience of being close to local schools and all your shopping needs. It’s approximately 40-minutes to the city via the South Western Highway, and also has public transport options, with a new train station in the works. From a quiet country town on the outskirts of Perth, Byford has recently grown to approximately 20,000 residents, making it one of the up-and-coming suburbs for those who like to be a little further away from the hustle and bustle of city life. 
Maylands – $459,000
With breathtaking views over the river towards the hills, this two-bedroom apartment is perfectly positioned 10 minutes from the city centre. The open-plan design maximises the view, with a spacious dining/living room opening to a private balcony. The apartment also features a refurbished retro-style kitchen and bathroom, and practicality is taken care of with personal storage, bike shed and parking. In one of Perth’s most sought-after locations, imagine yourself watching the sunset from your balcony with a glass of wine in hand.
Most teenagers have no idea of what they want to do when they leave school, but at 14 Shannon Thomson knew she wanted a career in property management.
19 July 2023
When it comes to real estate commentary there’s a tendency to focus on what’s happening on the east coast.
17 July 2023
Sales transactions decreased in Perth last week, with REIWA members reporting 840 transactions.
17 July 2023
It’s finally happened. That home you started building way back in 2020 is finished and it’s time to move out of your rental property into your lovely new house.
13 July 2023
The tight rental market is seeing tenants turn to social media platforms like Facebook Marketplace and Gumtree to find a home, but this is leaving them at the mercy of scammers.
12 July 2023
House prices are still on track to achieve low to moderate growth in 2023, while unit prices will remain relatively stable, according to REIWA’s 2023 property market quarterly update.
11 July 2023
Sales transactions decreased in Perth last week, with REIWA members reporting 881 transactions.
10 July 2023
REIWA CEO Cath Hart has welcomed the change to Keystart’s interest rate setting policy, which has reduced its variable interest rate by almost 1 per cent.
5 July 2023
Allowing tenants to make modifications to rental properties without seeking approval from the property owner was one of the proposed changes to the Residential Tenancies Act announced in May.
5 July 2023
Sales transactions increased in Perth last week, with REIWA members reporting 891 transactions.
4 July 2023
The Real Estate Institute of Western Australia acknowledges the traditional custodians throughout Western Australia and their continuing connection to the land, waters and community. We pay our respects to all members of the Aboriginal communities and their cultures; and to Elders both past and present.