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Perth Coastal Property: 5 Year Past Growth, Future Outlook
What The Last 5 Years in Perth Real Estate Tells Us About The Next 5
If you’ve been keeping an eye on real estate in our coastal corridor, you’ll know it’s been hot property – and for good reason. With the lifestyle drawcard of morning dips, café catch-ups, and family-friendly streets, paired with a serious shortage of homes for sale, our local suburbs have been some of the city’s strongest performers.
In this article, we’ll take a look back at what’s happened in local real estate over the last five years and what those trends could mean for the next five – so you can feel more confident when it comes to making your next property decisions.
The Last 5 Years At A Glance
Over the past five years, Perth’s coastal suburbs have consistently outperformed wider metro trends. With fewer homes hitting the market and plenty of buyers chasing that beachside lifestyle, competition has been fierce. Properties in suburbs like Sorrento, Hillarys, North Beach, Trigg, Watermans Bay and Marmion haven’t stayed on the market for long, and when the right home comes up, it often sparks strong buyer interest. The combination of limited supply and high demand has kept prices climbing faster than the Perth average, cementing our little coastal pocket as some of the city’s most sought-after suburbs.
How Perth Property Prices Are Tracking in Sorrento, Marmion and Beyond
As one of the most desirable markets over the next five years – each suburb in our sought-after neck of the woods has its own personality, but the story is the same across the board: limited listings, strong buyer demand, and lifestyle appeal that’s hard to beat.
Sorrento
We’ve seen consistent demand from families and upsizers looking for space and schools near the beach. With few homes hitting the market, property prices are expected to hold firm.
Marmion
A family-friendly mix of homes close to schools, parks, and the beach. Renovated properties are especially popular and are expected to lead the next wave of growth in local property prices.
North Beach
Defined by its café culture and coastal charm, making it a magnet for downsizers and lifestyle buyers. With supply remaining tight, this suburb should see property values track steadily upward.
Trigg
One of Perth’s prestige coastal addresses, where low turnover and high demand create a scarcity factor that underpins long-term price growth. Expect strong buyer competition whenever a quality home comes to market.
Watermans Bay
Boutique and tightly held, prices often jump sharply when standout homes are listed. Its rarity value makes it a suburb to watch, even with its small number of transactions.
Hillarys
continues to carry its blue-chip reputation thanks to the marina precinct , waterfront homes, and lifestyle premium. Buyers are willing to pay more for the unique amenity here, and it’s likely to remain one of Perth’s strongest performers.
Future Outlook for Perth Coastal Property: What The Next 5 Years Could Bring
Looking ahead, the outlook for our coastal area remains positive with suburbs expected to remain highly desirable.
- Population growth & lifestyle demand: Ongoing demand will continue to put pressure on the market.
- Tight supply: Limited listings, especially for renovated or move-in ready homes, will keep competition high.
- Steady price appreciation: Coastal suburbs are likely to continue outperforming the Perth metro average.
What This Means for Buyers & Sellers
Buyers:
If you’re looking to secure a home, being finance-ready and acting quickly is essential — quality coastal properties don’t stay on the market for long.
Sellers:
Presentation is everything. Turnkey homes that are well-staged and maintained will achieve premium results and attract multiple interested buyers.
Investors:
Strong rental demand, low vacancy rates, and lifestyle appeal make the northern beaches a solid long-term investment, particularly for renovated or well-located properties.
Sellers’ Advantage in the Perth Property Market
The next five years are shaping up to be another period of solid growth for this coastal stretch of Perth. With few homes available and continued demand for living close to the beach, buyers and investors can expect a competitive market, while sellers who present their properties well are positioned to achieve excellent outcomes.