WA Property News
The high demand for housing In Australian cities, coupled with limited supply, has driven house prices to levels that make it increasingly challenging for home buyers to live close to the CBD of their preferred capital city.
While median house prices in Sydney and Melbourne are over the million-dollar mark, there are pockets of Perth, such as Bennett Quarter Estate, that are close to the city, yet still affordable for most people.Ā
Let’s dig a little deeper to see how house and land packages in Bennett Quarter Estate stack up against suburbs within similar proximity to the CBD of Sydney and Melbourne.Ā
Sydney
With the highest median prices in Australia, Sydney is home to some of the most expensive properties in the country.Ā According to Domain in June 2023, Hurstville, approximately 16 kilometres south of the Sydney CBD, has a median price for a 4-bedroom house at $1.82 million. Other s...