{"id":3273,"date":"2026-05-08T17:52:00","date_gmt":"2026-05-08T17:52:00","guid":{"rendered":"https:\/\/owspakistan.com\/?p=3273"},"modified":"2026-05-08T17:52:00","modified_gmt":"2026-05-08T17:52:00","slug":"the-perth-suburbs-home-to-the-state-s-most-expensive-luxury-homes-20260508-p5zv76-htmlrefrssutm_mediumrssutm_sourcerss_feed","status":"publish","type":"post","link":"https:\/\/owspakistan.com\/?p=3273","title":{"rendered":"The Perth suburbs home to the state\u2019s most expensive luxury homes"},"content":{"rendered":"<div>\n<header class=\"sc-ad76bc40-0 fNDZoQ\">\n<div class=\"sc-5cbbddda-0 hjlPcO\">\n<div data-testid=\"article-author\" class=\"sc-5cbbddda-1 hPBdKJ\"><img decoding=\"async\" alt=\"Michael Philipps\" data-testid=\"author-avatar-image\" height=\"64\" src=\"https:\/\/static.ffx.io\/images\/w_64%2Ch_64%2Cc_fill%2Cg_auto:faces\/q_86%2Cf_auto\/245a9dc77424f23f4ec226ed4c0d90d56d9e73a0ff3a04ffd72ae9cb4692f3a3\" srcset=\"https:\/\/static.ffx.io\/images\/w_64%2Ch_64%2Cc_fill%2Cg_auto:faces\/q_86%2Cf_auto\/245a9dc77424f23f4ec226ed4c0d90d56d9e73a0ff3a04ffd72ae9cb4692f3a3, https:\/\/static.ffx.io\/images\/w_128%2Ch_128%2Cc_fill%2Cg_auto:faces\/q_86%2Cf_auto\/245a9dc77424f23f4ec226ed4c0d90d56d9e73a0ff3a04ffd72ae9cb4692f3a3 2x\" width=\"64\" class=\"sc-9a01536c-0 libeSR\"\/><\/div>\n<div class=\"sc-7132c98c-0 efdRpd noPrint\" data-testid=\"article-actions\">\n<div class=\"sc-7132c98c-1 iddmiW\">\n<div class=\"sc-f9e3ccff-0 kbEYga\"><button aria-checked=\"false\" aria-label=\"Save article to read later\" role=\"switch\" type=\"button\" class=\"sc-f9e3ccff-1 kmQlMe\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" height=\"24\" stroke=\"currentColor\" stroke-width=\"1.5\" viewbox=\"0 0 24 24\" width=\"24\" class=\"sc-d1b14060-0 TUyao\"><path d=\"M5.75 4C5.75 3.86193 5.86193 3.75 6 3.75H18C18.1381 3.75 18.25 3.86193 18.25 4L18.25 19.7709L12.8004 16.9682C12.2981 16.7099 11.7019 16.7099 11.1996 16.9682L5.75 19.7709L5.75 4Z\"\/><\/svg><span class=\"sc-f9e3ccff-2 gaKrMl\">Save<\/span><\/button><\/p>\n<div aria-hidden=\"true\" class=\"sc-ba6ddcd9-0 kskMyR sc-d1b14060-3 cpmcTK\" role=\"tooltip\">\n<p class=\"sc-d1b14060-4 JmUoF\">You have reached your maximum number of saved items.<\/p>\n<p>Remove items from your <a href=\"https:\/\/www.smh.com.au\/goodfood\/saved\" class=\"sc-3f16ee48-12 sc-d1b14060-2 jyLmZI iQLtAb\" target=\"_blank\" rel=\"noopener\">saved list<\/a> to add more.<\/p>\n<\/div>\n<\/div>\n<p><button aria-label=\"Set font size to normal\" aria-pressed=\"true\" class=\"sc-f7fd8257-1 yiNod\">A<\/button><button aria-label=\"Set font size to larger\" aria-pressed=\"false\" class=\"sc-f7fd8257-1 frqtnv\">A<\/button><button aria-label=\"Set font size to very large\" aria-pressed=\"false\" class=\"sc-f7fd8257-1 frqrHP\">A<\/button><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n<aside class=\"sc-6f94ac39-6 esmrVF\"\/>\n<div class=\"sc-c502198b-0 NkURW\">\n<p>Cottesloe has topped the list of WA\u2019s most expensive suburbs for the third year in a row, according to a new publication by one of the largest real estate groups in the nation.<\/p>\n<p>The third issue of Ray White Group Australia\u2019s <em>Luxury Outlook<\/em> publication has highlighted the 10 most expensive areas to purchase a luxury house by state, with Cottesloe now sitting at the top of the list with a median house price of $3.899 million.<\/p>\n<figure class=\"sc-4820f69c-1 ZrhPA\"><button aria-label=\"enlarge image\" type=\"button\" class=\"sc-4820f69c-5 dyWwUw\"><\/p>\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.357%2C$multiply_0.9841%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/2904da227802cd3c503c90de9dec722f4d7b2c98, https:\/\/static.ffx.io\/images\/$zoom_0.357%2C$multiply_1.9683%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/2904da227802cd3c503c90de9dec722f4d7b2c98 2x\"\/><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.357%2C$multiply_1.0159%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/2904da227802cd3c503c90de9dec722f4d7b2c98, https:\/\/static.ffx.io\/images\/$zoom_0.357%2C$multiply_2.0317%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/2904da227802cd3c503c90de9dec722f4d7b2c98 2x\"\/><img decoding=\"async\" alt=\"Cottesloe is home to some of the most expensive luxury homes in the state.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.357%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/2904da227802cd3c503c90de9dec722f4d7b2c98\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.357%2C$multiply_0.7725%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/2904da227802cd3c503c90de9dec722f4d7b2c98, https:\/\/static.ffx.io\/images\/$zoom_0.357%2C$multiply_1.545%2C$ratio_1.5%2C$width_756%2C$x_1%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/2904da227802cd3c503c90de9dec722f4d7b2c98 2x\" class=\"sc-d34e428-1 ldCIuB\"\/><\/picture><\/div>\n<p><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 38 38\" height=\"38px\" width=\"38px\" class=\"sc-4820f69c-4 iMiYlW\"><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 22.029383, 7.619553)\"><path d=\"M1 8l6.36396103-6.36396103M8 7V1H2\"\/><\/g><g stroke=\"#F4F5F7\" stroke-width=\"2\" fill=\"none\" fill-rule=\"evenodd\" stroke-linecap=\"round\" stroke-linejoin=\"round\" transform=\"matrix(1, 0, 0, 1, 7.0731, 21.523087)\"><path d=\"M8 1L1.63603897 7.36396103M1 2v6h6\"\/><\/g><\/svg><\/button><figcaption data-testid=\"figure-caption\" class=\"sc-4820f69c-0 SuAZY\"><span>Cottesloe is home to some of the most expensive luxury homes in the state.<\/span><cite class=\"sc-4820f69c-2 jfXEoI\"><span class=\"sc-4820f69c-3 jfhtQZ\">Getty Images<\/span><\/cite><\/figcaption><\/figure>\n<p>According to the latest data, the Cottesloe price tag represents a 13.78 per cent price hike over the course of the past year.<\/p>\n<p>City Beach comes in at second place with a median house price of $3.761 million, followed by the Nedlands-Dalkeith-Crawley area with a median price of $3.404 million.<\/p>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\">\n<p>Mosman Park-Peppermint Grove comes in fourth place followed by Swanbourne-Mount Claremont in fifth.<\/p>\n<aside data-testid=\"related-story\" class=\"sc-c8170ed7-0 kBAoLZ\">\n<h2 data-testid=\"related-story-heading\" class=\"sc-c8170ed7-1 iHMtRN\">Related Article<\/h2>\n<div class=\"sc-679b6ed4-0 VKgwt\" data-an-position=\"1\" imagepositions=\"top\" data-testid=\"story-tile\">\n<figure imagesizes=\"[object Object]\" class=\"sc-8825a2fb-0 kZkxVd\"><a href=\"https:\/\/www.smh.com.au\/national\/western-australia\/ban-on-no-grounds-evictions-among-major-wa-rental-reforms-20260504-p5zthj.html\" tabindex=\"-1\" class=\"sc-cba76dee-0 hdiTqm\" target=\"_blank\" rel=\"noopener\"><\/p>\n<div class=\"sc-d34e428-0 ikzfwY\"><picture><source media=\"(min-width: 1000px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.2805%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/7e6a8b0150c28cd5ec3beab16b4f49f9f07f6b43, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5609%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/7e6a8b0150c28cd5ec3beab16b4f49f9f07f6b43 2x\"\/><source media=\"(min-width: 750px)\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.2842%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/7e6a8b0150c28cd5ec3beab16b4f49f9f07f6b43, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5685%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/7e6a8b0150c28cd5ec3beab16b4f49f9f07f6b43 2x\"\/><img decoding=\"async\" alt=\"With renting a long-term housing option for many Western Australians, the state government is proposing further reforms to the Residential Tenancies Act 1987 to strengthen protections and improve housing security.\" loading=\"lazy\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5127%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/7e6a8b0150c28cd5ec3beab16b4f49f9f07f6b43\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_0.5127%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_86%2Cf_auto\/7e6a8b0150c28cd5ec3beab16b4f49f9f07f6b43, https:\/\/static.ffx.io\/images\/$zoom_0.1765%2C$multiply_1.0255%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0\/t_crop_custom\/q_62%2Cf_auto\/7e6a8b0150c28cd5ec3beab16b4f49f9f07f6b43 2x\" class=\"sc-d34e428-1 ioInpc\"\/><\/picture><\/div>\n<p><\/a><\/figure>\n<\/div>\n<\/aside>\n<p>In the introduction to this year\u2019s edition of the publication, Ray White Group managing director Dan White said Australia\u2019s premium market landscape has changed significantly.<\/p>\n<p>\u201cFor much of the past two decades, Australia\u2019s premium market was a tale of two cities, where Sydney set the benchmark and Melbourne followed,\u201d he said.<\/p>\n<p>\u201cThe rest of the country existed at the margins of that conversation, but what our data now shows is that the conversation has changes.<\/p>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\">\n<p>\u201cPerth is in its third consecutive year of double-digit luxury price growth.\u201d<\/p>\n<p>\u201cBrisbane and Perth now sit within $100,000 of Melbourne\u2019s luxury threshold, a gap that was once measured in hundreds of thousands.\u201d<\/p>\n<p>The real estate company measures luxury through the 95th percentile of property prices, the point at which only 5 per cent of homes in a given market trade higher.<\/p>\n<p>Ray White Group economist Atom Go Tian said City Beach has always been one of Perth\u2019s most coveted addresses with its ocean views and quiet streets.<\/p>\n<p>\u201cNow it has the momentum to compete on a national level: 18 per cent growth in 12 months, backed by a strong state economy, sustained population inflows and a prestige market where stock has simply not kept pace with demand.\u201d<\/p>\n<\/div>\n<div class=\"sc-c502198b-0 NkURW\">\n<p>Go Tian said the spike seen in City Beach was not isolated to the seaside suburb.<\/p>\n<p>\u201cClaremont is up 17 per cent to $2.78 million, while Mosman Park-Peppermint Grove grew 16.9 per cent to $3.03 million,\u201d he said.<\/p>\n<p>\u201cPerth is in its third consecutive year of double-digit growth in the luxury space, a run long enough that it no longer needs explaining as a post-pandemic effect or a commodity boom by-product.<\/p>\n<p>\u201cIt\u2019s simply where Perth luxury is now. The practical consequence is that the gap between Perth and Sydney luxury prices, which was once vast, is narrowing.<\/p>\n<p>\u201cBuyers who assumed Perth represented value relative to the eastern seaboard are still competing for it.\u201d<\/p>\n<p><iframe data-testid=\"embed-iframe\" frameborder=\"0\" loading=\"lazy\" src=\"https:\/\/www.smh.com.au\/interactive\/modules\/external-content-embed\/?resizable=true&amp;v=559&amp;configUrl=https:\/\/www.smh.com.au\/interactive\/hub\/configs\/external-content-embed\/56205.json&amp;v=0.43740671407003107\" class=\"sc-a37c8537-0 sc-d102cce5-1 inzSmD wbXDd\"><\/iframe><\/p>\n<\/div>\n<div data-testid=\"article-footer\" class=\"sc-780f6c39-0 fWnQtB\">\n<div class=\"sc-780f6c39-1 bhFzjY noPrint\">\n<div class=\"sc-780f6c39-2 ksUUFP\">\n<div class=\"sc-f9e3ccff-0 kbEYga sc-780f6c39-3 fMMhlQ\"><button aria-checked=\"false\" aria-label=\"Save article to read later\" role=\"switch\" type=\"button\" class=\"sc-f9e3ccff-1 kmQlMe\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" height=\"24\" stroke=\"currentColor\" stroke-width=\"1.5\" viewbox=\"0 0 24 24\" width=\"24\" class=\"sc-d1b14060-0 TUyao\"><path d=\"M5.75 4C5.75 3.86193 5.86193 3.75 6 3.75H18C18.1381 3.75 18.25 3.86193 18.25 4L18.25 19.7709L12.8004 16.9682C12.2981 16.7099 11.7019 16.7099 11.1996 16.9682L5.75 19.7709L5.75 4Z\"\/><\/svg><span class=\"sc-f9e3ccff-2 gaKrMl\">Save<\/span><\/button><\/p>\n<div aria-hidden=\"true\" class=\"sc-ba6ddcd9-0 yEdFV sc-d1b14060-3 cpmcTK\" role=\"tooltip\">\n<p class=\"sc-d1b14060-4 JmUoF\">You have reached your maximum number of saved items.<\/p>\n<p>Remove items from your <a href=\"https:\/\/www.smh.com.au\/goodfood\/saved\" class=\"sc-3f16ee48-12 sc-d1b14060-2 jyLmZI iQLtAb\" target=\"_blank\" rel=\"noopener\">saved list<\/a> to add more.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<section class=\"sc-3dbe4134-0 iIZygf sc-df8e6ee0-0 noPrint\" data-an-name=\"From our partners\" data-an-cu-group=\"everything\" data-an-cu-name=\"From our partners\" data-an-cu-position=\"4\" data-testid=\"from-our-partners-strap\">\n<header class=\"sc-84567ec1-0 hpMljf\">\n<h2 data-pb-type=\"hi\" class=\"sc-84567ec1-1 weWOF\"><span>From our partners<\/span><\/h2>\n<\/header>\n<\/section>\n<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Cottesloe has topped the list of WA\u2019s most expensive suburbs for the third year in a row, according to a new publication by one of the largest real estate groups in the nation. The third<\/p>\n","protected":false},"author":1,"featured_media":3274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[78,252,1865,221,231,273,272,271,174,419,127,7,447],"tags":[],"class_list":["post-3273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-house","category-property-news","category-reviews","category-reviews-rit-ads","category-shop","category-shop-beauty","category-shopping","category-starlink","category-surface-water","category-trending-uk","category-world","category-world-middle-east"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/owspakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/owspakistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/owspakistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/owspakistan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/owspakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3273"}],"version-history":[{"count":0,"href":"https:\/\/owspakistan.com\/index.php?rest_route=\/wp\/v2\/posts\/3273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/owspakistan.com\/index.php?rest_route=\/wp\/v2\/media\/3274"}],"wp:attachment":[{"href":"https:\/\/owspakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/owspakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/owspakistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}