City Beach Market Report
QUARTER
ONE 2024
Market Update
In the first quarter of 2024, City Beach’s real estate market saw a mod est uptick in prices amid historical lows of new listings and heightened demand, resulting in swift sales averaging just 13 days from listing.
Perth distinguishes itself among cap ital cities as one of the select two ex periencing a significant rise in inter state migration, shaping local buying trends more profoundly than interna tional migration patterns.
City Beach’s allure persists as a rare gem offering spacious blocks and a coveted coastal lifestyle. Its natural beauty, including the expansive Bold Park and coastline and fabulous new amenities, continues to at tract interstate buyers, maintaining its popularity.
As we progress through 2024, I look forward to keeping you updated and please know that I’m here to assist with your real estate endeavors anytime
Emma Milner
0421 213 000
emma.milner@raywhite.com
$2.75M CITY BEACH MEDIAN SALE PRICE*
11 CITY BEACH PROPERTIES SOLD Q1 2024*
3.8% CITY BEACH SALE PRICE ANNUAL GROWTH*
27 CITY BEACH HOMES CURRENTLY ON THE MARKET*
13 CITY BEACH HOME MEDIAN DAYS ON MARKET*
$1100 CITY BEACH MEDIAN RENTAL VALUE*
Q1 2024 Sales
25 Dilkara Way 3 2 2 $3,795,000 34 Norbury Crescent 4 3 2 $3,015,000 Address Beds Cars Price Baths 64 Chipping Road 3 2 2 $2,750,000 31 Kinkuna Way 4 2 2 $ 2,750 ,000 1 Yule Street 4 2 2 $2,411,000 77 Branksome Gardens 4 7 6 Undisclosed 12/16 Perina Way 2 2 1 $900,000 37 Pandora Drive Land $1,695,000 * Based on the information provided by the Western Australian Land Information Authority, REIWA, Domain and Realestate.com.au. The sales results included above were performed by multiple agents and agencies. Whilst all reasonable effort has been made to ensure the enclosed information is correct at the time of printing, we do not warrant or guarantee the accuracy or completeness of the data. * Sqm 424 923 873 769 976 938 87 948 1 Bendigo Way 4 2 2 $2,687,000 62 Chipping Road 5 6 6 $11,000,000 24 Tranmore Way 5 2 2 $2,855,000 809 878 1057
emma.milner@raywhite.com
Emma Milner
City Beach Property Specialist 0421 213 000
White
Claremont
Ray
Dalkeith |
1/10 Stirling Road, Claremont raywhitedalkeithclaremont.com.au