TOTAL property sales in Australia to July 2010 amounted to $213 billion, with more than $1 billion in home sales coming from Perth?s top five suburbs, new figures show.
As a comparison, just five years ago the total value of sales across the country equated to more than $165.5 billion – an increase of 30 per cent, according to RP Data’s Property Pulse.
Dalkeith topped the list for WA with 74 home sales at a median price of $2.7 million garnering $239.5 million in total.
The upmarket suburb was ranked number 12 in Australia in terms of the greatest total value of house sales.
Cannington, where 413 homes at an average price of $550,000 have changed hands in the year to July, came in at number 13 with $234.2 million.
Mosman Park ($208.2 million) and Cottesloe ($203.5 million) took out places 16 and 17 respectively with Nedlands rounding out the top 5 for Perth, coming in at number 20 nationally with more than $178 million worth of dwellings sold.