Which are Perth's fastest selling suburbs?
Perth suburbs Heathridge, Leederville and Shenton Park are having a faster than average turnover for the year to February according to REIWA.
REIWA president Hayden Groves said the average selling days for the overall Perth market for the year to February 2016 is 62 days.
"However when we drill down to suburb level we see numerous pockets across the metropolitan area where it takes much less time to sell and where buyers need to act quickly to secure their purchase,” Mr Groves said.
“If you are looking to sell your home in one of these areas, provided your property is priced correctly, it is very likely to be snapped up quickly by motivated buyers.
“First home buyers remain active in the Perth property market with current market conditions continuing to entice this demographic to take their first step into home ownership."
Half of the suburbs had an overall median price (across houses and units) below $500,000 - traditionally the first home owner market.
