Best Suburbs to Invest in Perth in 2025

Perth’s real estate market has seen a clear lift in advertised supply, offering buyers more choice and less urgency. The market has eased from a cyclical peak of 24.7% over the year ending in July due to the rolling annual change, according to REIWA CEO Cath Hart. 

The Perth property market has seen a modest annual growth, with the median dwelling value now standing at $813,016 for houses, marking an annual increase of 19.1%. Unit prices have continued to see an uptick, reaching a median sale price of $410,000, up 0.5 % over the month and 2.2% higher year-on-year.

According to REIWA, both house and unit prices hit record highs at the end of last year, and the prices are anticipated to experience moderate growth this year. Hart noted that the current interest rates are causing some hesitancy in the market, however, the market activity is expected to increase should the rates decline.

Although some of the urgency seen in the past year has eased, demand for established housing remains high, with properties selling quickly in Perth and Western Australia. On the rental front, the median dwelling rent hit a new high at $650 per week, 8.3%  higher year-on-year, and the median weekly rent for houses went up to $670 at the end of 2024, which was 8.1% higher year-on-year.

The vacancy rate rose to 1.0% at the end of the year. Property managers and real estate agents continue to witness high demand, but people are seeking cheaper and smaller rentals due to the rising rent prices and the difficulty finding properties. However, Perth and Western Australia saw new supply in the market as a result of completed investor-owned new builds. With these new developments, the pressure in the market is expected to continue to ease with a continuing rise in the vacancy rate.

So, here’s our Perth investment guide and ten suburbs you may want to watch this year.

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ORELIA

Orelia is a suburb located in Southern Perth, and is named after a ship which docked in Fremantle with settlers to the new Swan River Colony in October 1829. 

Only a short 4-minute drive from Orelia, is Satterley’s Cassia estate. Conveniently located, the estate has established transport options and essential amenities close by.

According to realestate.com.au, the median house prices ranged from $295,000 for units to $574,000 for houses. 

For investors, the rental price is $420 per week for units with a rental yield of 8.0%, and $550 per week for houses with a yield of 5.4%.

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Cassia, Kwinana

MANDURAH

Mandurah is a growing, coastal city on the southwest coast of Western Australia. With the population continuing to grow rapidly, there has been large infrastructure and residential developments and significant transport improvements in the suburbs. 

A nearby suburb, Lakelands, is home to Satterley’s Ocean Hill estate. The suburb is walking distance from the crashing waves of Madora Beach offering a vibrant masterplanned community boasting exclusivity, sustainability and authentic beachfront living.

According to realestate.com.au, median property prices ranged from $430,000 for units to $522,500 for houses. Investors can expect to rent out their units for $470 per week with an annual rental yield of 6.1%, and houses for $530 per week with a rental yield of 5.3%.

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MADORA BAY

A serene coastal gem within the City of Mandurah, Madora Bay has witnessed a notable surge in its property market. Renowned for its tranquil aura blended with community warmth, Madora Bay offers proximity to the bustling heart of Mandurah while preserving its quaint town essence, a legacy that began with its development in the 1960s.

Data from realestate.com.au shows median house prices are at $775,000, up 29.2% in the past 12 months. The rental price for houses is $660, up 10.0%, with a rental yield of 4.7%.

Positioned in the heart of the established Madora Bay neighbourhood, Satterley’s Seaside community promises a dreamy beachside existence, complemented by a range of modern conveniences. Nestled along the captivating shores of Madora Bay, Seaside embodies a blend of beach-inspired elegance, infused with Scandinavian sophistication and the iconic WA coastal charm. 

The community boasts a variety of amenities, including a forthcoming Foreshore Precinct, an upcoming primary school, a myriad of shopping options, and direct access to a kilometre of untouched beachfront. This beachside community is also the location of the 2025 Telethon charity home.

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Seaside, Madora Bay

PIARA WATERS

In the metro south region of Western Australia is Piara Waters, a suburb on the rise. With a growing population and numerous amenities, the suburb offers a high quality of life for residents. 

Nestled among the beauty of the suburb, is Satterley’s Aarya estate. Just moments from nature reserves, shopping centres, employment hubs and recreational facilities, Aarya offers a choice of over 400 lots.

According to realestate.com.au, the median property price for houses is at $828,000, up by 23.6%. For investors, Piara Waters houses rent for $730 per week with an annual rental yield of 5.2%.

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BUTLER

Located within the Wanneroo local government area, and conveniently near the Mitchell Freeway, is the dynamic suburb of Butler. Approximately 41km from Perth CBD, the suburb offers a balanced blend of modern amenities and natural beauty.

Realestate.com.au data shows a compelling annual growth rate of 28.6% per cent, and a median house price of $623,500, a figure that mirrors the suburb’s growing appeal among investors and homebuyers alike. The rental market in Butler is equally impressive, boasting a median weekly house rent of $600, with annual rent growth of 11.1%, culminating in a strong rental yield of 5.3%. These statistics not only highlight Butler’s investment potential but also its status as a sought-after residential locale.

Just next to Butler, is Satterley’s Eden Beach estate, a community perfectly positioned within the serene coastal suburb of Jindalee. The masterplanned estate offers premium beachside living, where every day feels like a holiday.

Butler’s rapid sales pace and substantial rental yields reflect its vibrant community and strategic location, offering an appealing mix of lifestyle and investment opportunities.

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Eden Beach, Jindalee

EGLINTON

Eglinton is approximately 44km north of Perth Central Business District on the Indian Ocean. Due to its vibrant community, excellent amenities, and family-friendly environment, the suburb features a high percentage of family households and couples with children, reflecting its appeal to those seeking a safe and nurturing place to raise their families. 

According to realestate.com.au, Eglinton has shown 23.3% growth in the past year and has a median house price of $670,000. 

Allara estate, located in Eglinton and just 20 minutes’ drive to Joondalup, has been recognised by the Urban Development Institute of Australia (UDIA) as an environmentally sustainable development. It is also home to the incredible Kinkuna Park which lays claim to having Australia’s first musical barbecue, which works in conjunction with a unique children’s waterplay area and adventure playground.

With the new Eglinton train station completed in 2024, enhancing the connectivity and further supporting the ongoing growth around the area. The median weekly house rent has risen to $630, demonstrating a 6.8% annual rent growth and a rental yield of 5.0%

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CLARKSON

Clarkson is an outer northern suburb of Perth, located 34km north of Perth Central Business District. Clarkson has much to offer with the Mindarie Marina and pristine beaches to the west and the train station to the east. The suburb is well serviced by Ocean Keys Shopping Precinct and excellent schools, making it very family orientated.

The suburb is home to Satterley’s Catalina estate, a masterplanned community across three distinct neighbourhoods across Clarkson and Mindarie. Catalina offers choices to live a relaxed, idyllic lifestyle.

According to realestate.com.au, the median house value stands at $670,000, up 26.8%, and unit values at$405,000, up by 24.6%. Investors may also see opportunity in Clarkson with rental prices for units from $500 per week, up 11.1% with 6.8% rental yield. The rental prices for houses are going for $620 per week, up 12.7% with a rental yield of 5.1%.

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ALKIMOS

New suburbs in Perth’s northern urban fringe are being considered a boon for buyers seeking some seaside solitude and potential price growth this year.

Alkimos, named after the shipwreck of the Greek freighter that ran aground on the coast nearby in 1963 and still sits 400m offshore, has been forecast as one of Perth’s biggest contenders for price growth this year after recording a 78%  increase in sales volumes in 2021.

The suburb is home to Satterley’s Trinity estate, a private masterplanned community in Alkimos. Trinity offers beachside living without sacrificing on lifestyle. There are a number of stunning parklands, a shopping centre, primary school and secondary school within the estate and with direct access to the Mitchell freeway.

Data from realestate.com.au shows median property prices have ranged from $535,000 for units, up 21.5%, to $675,000 for houses, up 28.6%.

Investors looking to rent their property could find a profitable investment, with units renting for $560 per week with a rental yield of 5.9%, while houses rent for $640 per week with a 5.2% yield. 

On the rental front, houses generally rent for $640 per week with an annual rental yield of 5.2%, and units rent for $560 per week with a rental yield of 5.9%. The Alkimos train station, opened in 2024, is significantly enhancing the suburb’s connectivity, further bolstering its appeal as a top choice for investors.

View land for sale in Alkimos.

EDGEWATER

Located 23km north of the Perth Central Business District is Edgewater, a well established suburb. The suburb offers a convenient location with easy access to urban amenities, transport options, such as Edgewater Train Station, and major roads including Mitchell Freeway and Wanneroo Road.

According to realestate.com.au, the median house value stands at $862,500, up 25.5%. For investors, the median rental price for houses is at $660 per week, up 10.0%, with a rental yield of 4.6%.

CURRAMBINE

Currambine is a northern suburb of Perth, and is located 29km north of Perth’s Central Business District. Currambine is in the local government of Joondalup. The opening of the Currambine railway station boosted the growth in the suburb and continues to keep it well connected. The line connects to the Yanchep line, providing locals with quick and convenient transport into Perth.

According to realestate.com.au, the median unit price is $435,000, up 14.2%, and the house price is $855,000, up by 21.4%. For investors, the suburb has an attractive rental yield of 6.7% for units with a median rent of $530 per week and a rental yield of 4.9% for houses with a median rent of $707 per week.

HOUSE AND LAND PACKAGES: PERTH, WESTERN AUSTRALIA

Choosing where to invest or establish your home is an incredibly important decision and navigating Perth’s dynamic property landscape can be a difficult task. Satterley’s house and land packages offer a unique opportunity for both seasoned investors and first-time buyers. Set in the most promising of suburbs such as Madora Bay or Ellenbrook, Satterley house and land packages combine lifestyle, growth potential and affordability. 

Satterley’s offerings are positioned as strategic investments in your future. With Perth’s market demonstrating resilience and potential for growth, a Satterley house and land package represents a wise step towards a prosperous future, promising not just a place to live but a community to belong to and an investment that grows over time. Explore our Western Australia listings to discover where your next investment or family home could be in Perth’s vibrant real estate scene or contact us online today.

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