Q1 2025
In the first quarter of 2025, Myaree's housing market exhibited robust growth, reflecting its appeal to both homeowners and investors. The median house price reached approximately $1.2 million, marking a 20% increase over the past year. Properties are selling swiftly, with an average time on market of just 8 days. This surge in demand is complemented by a 121% increase in buyer interest compared to the previous year. Rental yields have also risen, with the median weekly rent for houses at $820, offering a yield of approximately 3.62%.
Overall, Myaree's housing market in Q1 2025 demonstrates strong growth and investor confidence.
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: 01/04/2025
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.
