Perth regions that have seen double-digit house price growth in 2022

Nearly 30 suburbs have seen double-digit property price growth this year despite four rate increases, with Mt Hawthorn topping the list with a whopping 16.3 percent increase.

New data from the WA Real Estate Institute shows an additional 105 suburbs have seen price growth of more than 5 per cent, which is above the 4.2 per cent average growth in Perth since January 1.

It’s also more than the 30-year average increase, with separate research from Corelogic showing Perth house prices have risen 4.8 per cent annually over the period.

The Inner North saw the strongest price growth, with Mt Hawthorn’s median home prices now at $1.265 million.

North Perth was next with 15.8% growth in calendar year 2022, bringing the median home price to $1.15 million.

Warwick (14.8%), Carine (14.3%) and Iluka (14.1%) followed.

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