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PRD Perth - Treeby & Success 2025 Market Update

Page 1

Treeby & Success Market Update 2025 In 2025^, Treeby & Success* (which in this report encapsulates sales and rentals in Treeby, Success and Jandakot) recorded a median house price of $872,000, and a median unit price of $479,000. This represents an annual (2024 – 2025^) median price growth of 7.7% for houses and 9.1% for units. Comparing 2024 and 2025, sales have significantly decreased, by -64.3% (to 120 sales in 2025^) for houses, and by -59.2% (to 40 sales in 2025^) for units. The market is undersupplied, which creates an opportune time for owners to sell. That said, despite an increase in median prices, 28.6% of houses sold were in the second most affordable price bracket of $700,000 to $799,999; and 45.0% of units sold were also in the second most affordable price bracket of $450,000 to 499,999. This is ideal for first home buyers.

CHANGE FROM LAST

MEDIAN SALES PRICE 2025

YEAR

HOUSE SALE S HOUSE ME DIAN PRICE

$872K

HOUSE RE NTAL PRICE

$479K

MEDIAN RENTAL PRICE 2025

UNIT SALE S UNIT ME DIAN PRICE

$770

UNIT RE NTAL PRICE

$

$600

PRICE BREAKDOWN 2025^ HOUSES SOLD

24.4%

8.4%

5.0%

UNITS SOLD

20.0%

Less than $699,999

28.6%

$700,000 to $799,999 $800,000 to $899,999

5.0%

$450,000 to $499,999

25.0%

$500,000 to $549,999 $550,000 to $599,999

$900,000 to $999,999

20.2% 18.5%

$1,000,000 and above

45.0%

MARKET COMPARISON

Treeby & Success House

Less than $449,999

Perth Metro House

Treeby & Success Unit

$600,000 and above

Perth Metro Unit

$1,000,000 $800,000 $600,000 $400,000 $200,000 $0 2021

2022

2023

2024

2025#

PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2025.


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