Midland in the ten Perth suburbs named on Rising Stars 2024 report by Canstar and Hotspotting

A recent report by Canstar states that Perth was the national leader on price growth in 2023, according to CoreLogic figures published on 2 January 2024. Its median house price rose 15.6%, compared to the national average of 8.6%, and its median unit price increased 12.4%, well ahead of the national average of 6.4%.

The report identified the 10 best suburbs, which include Midland. Their reason for selecting Midland were:

The City of Swan in the north-east is one of Perth’s growth areas and Midland is a key hub, with a train station, commercial and retail precincts, schools, TAFE campus and extensive sports amenities.

Yet Midland remains one of Perth’s most affordable suburbs, with a median price still in the $300,000s. There were close to 400 house and unit sales in the past 12 months and the vacancy rate is just 0.3%.

Midlands rich heritage dates back to 1832, and is closer to Perth than Joondalup and Fremantle. It is also close to the domestic and international airports and well serviced by schools, hospitals and shops.

To read the full article: https://www.canstar.com.au/home-loans/best-suburbs-perth/

For more information about Midland: https://www.newjunction.com.au/documents-1