YANCHEP and Banksia Grove are among a group of top performers recording sales price growth of 2.3 per cent or more in October, according to REIWA.
But REIWA said the suburbs with the most growth in October were Craigie (up 4.6 per cent to $775,000), Applecross (up 4.4 per cent to $2,360,000), Pinjarra (up 4.1 per cent to $510,000), Riverton (up 4 per cent to $1,030,000) and Yokine (up 4 per cent to $920,000).
The median sales price in Yanchep has increased by 29.4 per cent in the past 12 months to reach $662,500, according to realestate.com.au
The digital property advertising business said 262 houses were sold in Yanchep in the past 12 months.
On November 17 according to realestate.com.au there were 129 homes in Yanchep on the market compared with 154 homes in Alkimos, 140 homes in Eglinton and 49 in Two Rocks.
REIWA said monthly new listings of the Perth metropolitan area were at their highest levels in more than two years, with sellers motivated by the strong market conditions.
REIWA chief executive Cath Hart said spring was historically a strong season for home listings, and this year sellers were particularly encouraged by the sustained demand for homes and strong price growth.
According to www.reiwa.com data, the fastest selling suburbs for houses in October were Secret Harbour, Bassendean, Camillo and Orelia (six days) and Joondanna, Kelmscott, Wanneroo, Armadale, Bayswater and Carramar (seven days).
