MADORA Bay has witnessed the highest growth in median house sale price for a regional centre in Western Australia in the past year.
Property in Madora Bay increased by 15.3 per cent during the 12 month period with the median house price now $506,250.
The median house price is still down -0.8 per cent from where it was five years ago.
In comparison the Mandurah/Murray median house price rose just 1.6 per cent in the same 12 month period.
Lakelands was ranked number nine in the highest median house sale price increase for the period with a 6.6 per cent increase.
The median house price for the suburb is now $370,000.
Coodanup, Dudley Park, Erskine, Meadow Springs, Ravenswood, San Remo, South Yunderup and Furnissdale all saw median house prices decrease.
Greenfields and Silver Sands median house prices stayed the same
Source www.mandurahmail.com.au
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