Jarrahdale

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Western Australia lags behind rest of the nation in price growth of dwellings over the last 10 years, with only Serpentine-Jarrahdale growing in double digits, according to the latest CoreLogic data.
With a 10 year growth of 17.5%, Serpentine-Jarrahdale has outperformed the rest of WA, with every other region of the state recording growth of less than 5% over the decade.
The data also highlights just how weak the housing market in Perth has been over the past decade.
<a href="https://www.propertyobserver.com.au/images/2017/11/30/Serpentine.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/11/30/Serpentine.png" alt="">
CoreLogic’s methodology is based on the best performing property markets at an SA3 level (SA3 represents a regional area serviced by major transport &amp; commercial hub with a population of between 30,000 and 130,000 people).
The median price of dwellings in Serpentine-Jarrahdale was $406,775, according to CoreLogic data.
A four-bedroom house at <a href="https://www.realestate.com.au/property/18-mcneil-gr-jarrahdale-wa-6124?pid=p4ep-pdp%7Csold-pdp:property-history-cta#history" target="_blank">18 Mcneil Grove, Jarrahdale</a> (picture above) sold for $410,000 in December 2016. Previously, it traded for just $33,500 in March 2002, Corelogic data shows.
Another house in Jarrahdale, at <a href="https://www.realestate.com.au/property/5-brady-rd-jarrahdale-wa-6124?pid=p4ep-pdp%7Csold-pdp:property-history-cta#history" target="_blank">5 Brady Road</a>, sold for $285,000 in July 2017, having previously changed hands for $280,000 in April 2009.
The growth in value was just $5000 in eight years, a good example of the weakness in the WA market.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/30/Jarrahdale2.jpg" alt="">
 
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Jarrahdale

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