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Beldon and Coolbellup sit atop WA 10 fastest selling suburbs
By
Nicola Trotman
Beldon and Coolbellup are Western Australia’s fastest selling suburbs with an average of 36 days on the market. Beldon – with a median house price of $433,250 – is located in between two major north-south arteries: Marmion Avenue and Mitchell Freeway. Coolbellup – with a median house price of $389,000 – is named after the Aboriginal name for the nearby North Lake. Myaree - the aboriginal word meaning foliage - is the second fast selling suburb with an average of 38 days on the market and a median house price of $630,000. The southeastern suburb Lynwood is the third fastest selling suburb with a median house price of $395,000 and an average of 39 days on the market.
Source: RP Data However Mount Melville is the slowest selling suburb with an average of 213 days on the market and a media house price of $335,000. |
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Much has been spoken about the global property market and that our market will ultimately follow a similar fate and I am always at pains to point out not all property is created equal.
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