Perth City Profile

Perth

Capital city overview

Resident population 1,440,804 (73.5% of the state)
Persons born overseas 449,628 (33.6% of city)

State overview

Area (total) 2,529,875 km2
Population 2,286,100
Population Growth Rate 2.3%

Amongst them were the suburbs of Butler, Banksia Grove, Carramar, Tapping, Ashby, Hocking and Pearsall (in the north); Landsdale, Darch and Madeley (north-east); Jane Brook and Wattle Grove (in the east); and Canning Vale, Southern River, Success and Hammond Park (south). Large increases were also seen in the inner city suburb of East Perth. This growth was associated with an increase in medium to high-density housing.

Almost one third of the city is made up of people who were born overseas - The most common birthplaces were:

• United Kingdom (37.8%),
• South East Asia – mainly Malaysia (9.8%),
• New Zealand (7.7%) and
• Southern and Eastern Africa (7.5%).

Rented dwellings were concentrated around the city centre and the inner eastern suburbs. Crawley, West Perth, Highgate, East Perth and Maylands, on the northern side of the Swan River, saw more than 50% of their dwellings being rented. Most were medium and high-density housing and were rented from private landlords.

10 year history of House & Unit prices in Perth

Economic growth is set to be supported by an upswing in business investment with major resource projects ramping up in coming years, whilst strong growth in the Asia region will boost demand for commodities

Combined with strong population growth, these conditions should provide support for more growth in
Western Australian house prices and housing market activity in the years ahead.