South Perth — Units

NEUTRAL
WA 6151 Unit Rank #70 of 89 in Perth
$705K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
62 buyers/listing
Strong
LIQUIDITY
41d DOM
Weak
AFFORDABILITY
17.3% vs 5yr
Weak
GROWTH OUTLOOK
Good
Strong
YIELD
4.5%
Strong
SUPPLY PRESSURE
1.1% vacancy
Strong
#70/89 Good Structure 70 $705K

Atlaso rates South Perth units as HOLD. Average growth outlook. Vacancy remains tight at 1.05%, but conviction is not high enough for a BUY rating. Better units options may be available in Perth.

At $705K, South Perth ranks #70 of 89 units in Perth. The long-term structural outlook is Good. Prices grew 7.8% over the past year.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Perth.

South Perth Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
-13.7%
Asking Prices (3mo)
+9.0%
Rents (12mo)
0.8%
Vacancy
35%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$804K

Unit Weekly Rents (12 months)

$876/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 6151.

Suburb Profile

South Perth at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,113/wk
Median household
Median Age
40
Years
Mortgage Stress
26%
of income
Population Growth
+0.9%
vs state +1.9%
Ownership Mix
29.1% owned 28.7% mortgage 39.1% renting

Demographic Trends

South Perth Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full South Perth Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is South Perth a good suburb to invest in?
Atlaso rates South Perth as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across South Perth and 46 Australian cities to generate this rating.
What is the median house price in South Perth?
The current median house price in South Perth, wa is $705K, with annual growth of +18.4%. Properties sell in approximately 41 days.
How fast do properties sell in South Perth?
Properties in South Perth sell in 41 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for South Perth?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate South Perth's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in South Perth?
The gross rental yield for houses in South Perth is 4.5%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).