The 6018 - 6021 Bi-Annual. THE DEAL:
THE DEAL: AN UPDATE FROM JEREMY. As we move into the second half of 2025, Perth’s property market keeps proving its strength, even with a few bumps along the way. Late last year and again just before Easter, listing numbers jumped sharply to over 5,000, up from around 3,500 in 2024. For buyers used to slim pickings, this felt like a flood of new choice, but it was still far below the 13,000 listings needed for a balanced market. Since Easter, stock has tightened again, dipping under 3,500 as the new financial year began. Throw in the buzz about possible interest rate cuts and REIWA forecasting another 10% growth, and you can see why Perth’s market remains strong. The median house price now sits at $786,000 (up from $745,000 after a big 24% jump last year) and we could see that break the $800,000 mark by year’s end if momentum holds. It’s not just established homes getting pricier, the average cost to build has climbed to around $550,000, up 47% since 2020, with build times now blowing out to an average of 17.8 months. So new supply isn’t catching up anytime soon. On the flip side, demand keeps growing fast. WA’s population rose by 2.8% in 2024, the biggest jump in the country, bringing in over 67,000 new residents, mostly through international migration. Add it up: supply remains tight, demand is strong, and prices keep pushing upwards. But here’s the catch: affordability is taking a hit. Back in 2020, the average WA homeowner spent about 14% of their income on their mortgage. Now, it’s closer to 40.8%, still under the national average of 48%, but a big jump that leaves owners more exposed. So, whilst price growth keeps ticking along and buyers remain desperate, if you look close enough the cracks of this boom are starting to show. With such a big chunk of income now tied up in mortgages, homeowners are far more sensitive to rate changes, rising living costs and maintenance bills. Many have smaller financial buffers, leaving them exposed if unexpected costs hit or incomes drop. While there are early signs that buyers are becoming more cautious, with price growth starting to soften and the rental market easing slightly, we’re still a long way from a balanced or buyer-friendly market. Carefully planning your next move has never been more important. +61 422 433 225 jeremy@whitefoxrealestate.com.au Jeremy Shirazee, Senior Advisor & Negotiator
OBVIOUS: DEALS DONE. 34 Hanworth Street, Balcatta Sold for $1,634,000 20 Taunton Way, Karrinyup Sold for $1,070,000 24B Bridgewater Drive, Karrinyup Sold for $1,850,000 13 Hanworth Street, Balcatta Sold for $1,125,000 275 Cedric Street, Balcatta Sold for $1,658,000 16A Northgate Street, Karrinyup Sold for $1,710,000
KARRINYUP. MARKET WRAP UP. Karrinyup continues to shine as one of Perth’s premier coastal suburbs, perfectly blending luxury living with a strong sense of community. Over the past year, the suburb has recorded a significant 23.2% annual growth rate, pushing the median house price to around $1.505 million, a clear sign of Karrinyup’s enduring appeal to a broad mix of buyers. For investors and landlords, the rental market remains robust. The median weekly rent now sits at $900, up 9.1% year-on-year. Well-presented, well-located properties are leasing quickly, meeting steady demand from professionals and families who want that sweet spot between the coast, the city and excellent local amenities. Beyond the numbers, Karrinyup’s lifestyle offerings keep drawing attention. The Karrinyup Shopping Centre, now the largest in suburban Perth, has become one of the city’s best shopping and dining hubs for good reason. With growth comes more traffic, and in response, the City of Stirling is moving to reduce speed limits on key local roads like Milverton Avenue and Clement Drive to discourage rat-running and keep local streets safer — get in touch with the City if you’d like to have your say. On the development front, Blackburne’s West Karrinyup Village has now ticked past the 50% sold mark, so those two new towers are edging closer to reality. And in a nod to sustainability, the Karrinyup Bus Depot has secured a $12.3 million contract to retrofit the site with electric charging infrastructure, setting it up to support up to 110 electric buses — a big step towards greener transport in Perth’s north. And if you see our faces on the back of those too, give us a wave! Properties Sold 166 Average Tenure Period (years) 11.3 Days on Market 14 Median Asking Rent $950/w $$$ $1,701,500 $$ $ * Upper Quartile Price * Median Price $1,480,000 $1,250,000 The 75th percentile sale price of sales over the past 12 months within the suburb. The middle sale price of all transactions recorded over the past 12 months within the suburb. The 25th percentile sale price of sales over the past 12 months within the suburb. MEDIAN PRICE QUARTILES. * Statistics sourced from RP Data Pty Ltd as CoreLogic Asia Pacific and are calculated over a rolling 12 month period.
BALCATTA. MARKET WRAP UP. Balcatta’s steady rise as one of Perth’s most liveable suburbs continues, with the local market holding strong even as buyers and renters become more selective this winter. According to the latest figures from REIWA, the median house price in Balcatta now sits just under $830,000, reflecting solid growth over the past 12 months. Realestate.com.au backs this up, noting a slight increase in average days on market as buyers take a little more time to weigh up their options. For landlords, rental returns remain healthy, with Domain data showing the median rent for a standard three-bedroom house sitting around $670–$700 per week. Demand from young families, downsizers and first-time renters is steady, but well-presented homes with low-maintenance gardens and modern finishes are leasing quickly and achieving the strongest yields. Locals will have also noticed plenty happening around the neighbourhood. Upgrades to local parks, new small businesses and trending cafés are drawing weekend crowds and young families into the area. Stroll through the 6021 and you’ll see a healthy mix of original homes alongside brand-new, high-end builds — a sign of Balcatta’s evolution and strong community spirit. Speaking of which, if you’re keen to get to know your neighbours, check out The Balcatta Buzz. Co-founded by Jeremy Shirazee, it’s a great way to discover local services, support small businesses and stay in the loop with what’s happening close to home. Properties Sold 175 Average Tenure Period (years) 14.2 Days on Market 12 Median Asking Rent $750/w $$$ $956,000 $$ $ * Upper Quartile Price * Median Price $799,000 $620,000 The 75th percentile sale price of sales over the past 12 months within the suburb. The middle sale price of all transactions recorded over the past 12 months within the suburb. The 25th percentile sale price of sales over the past 12 months within the suburb. MEDIAN PRICE QUARTILES. * Statistics sourced from RP Data Pty Ltd as CoreLogic Asia Pacific and are calculated over a rolling 12 month period.
BALCATTA. KNOW YOUR AGENTS. PROPERTIES SOLD IN BALCATTA 0 25 AVG AGENT JEREMY 15 DAYS ON MARKET 0 40 JEREMY 20 * Statistics sourced from realestate.com.au, statistics relevant as at 1.07.2025. Average agent is based on combined top 3 agents in area. AVG AGENT
BALCATTA: COMING SOON. 2 TOWNHOUSES, 6 VILLAS. THE DEAL With stock levels still well below what’s needed for a balanced market, the mid-range segment is under real pressure, and it’s one of the most crucial. Down-sizers, first and second home buyers, investors chasing new, fully depreciable builds, singles, young families - so many rely on this category to move through the market smoothly. When it locks up, it slows everyone down. That’s why the timing couldn’t be better for the boutique development at 416 Main Street, Balcatta. Eight brand new residences, including two premium townhouses and six stylish villas are on track for completion before year’s end. With a long-standing local veteran like Di Ciano Builders behind the build, you can expect a high-quality, reliable finish that stands the test of time. SEALS THE DEAL With lock-up fast approaching, now’s the time to reach out to Jeremy Shirazee and Connor Boyle from WHITEFOX for more information. Once word gets out, these won’t stay on the market for long. *Plans available on request
KARRINYUP/BALCATTA. TOP SALES. ADDRESS SUBURB BED BATH CAR LAND SOLD PRICE 9 SANDOVER DRIVE KARRINYUP 5 4 2 596 $2,500,000 21 BRODRICK STREET KARRINYUP 5 3 2 809 $2,455,000 21 HODDER WAY KARRINYUP 4 2 2 783 $2,350,000 19 SOMERTON ROAD KARRINYUP 4 3 2 420 $2,080,000 16 FINNERTY STREET KARRINYUP 5 3 2 802 $2,000,000 25 SEAHORSE PARADE KARRINYUP 4 2 2 448 $2,000,000 7A PANTON CRESCENT KARRINYUP 3 2 2 366 $1,950,000 11 RAINER STREET KARRINYUP 4 2 4 728 $1,890,000 32 MITCHELL STREET KARRINYUP 3 2 2 440 $1,880,000 24B BRIDGEWATER CRESCENT KARRINYUP 5 3 2 666 $1,850,000 14 CLARK PLACE KARRINYUP 5 3 2 535 $1,800,000 35A JACKSON AVENUE KARRINYUP 4 3 2 436 $1,785,000 6 NEWBOROUGH STREET KARRINYUP - - - 339 $1,750,000 6A NEWBOROUGH STREET KARRINYUP 3 2 1 550 $1,750,000 31 PASCOE STREET KARRINYUP 4 2 2 890 $1,725,000 21 MURRAY WAY KARRINYUP 5 2 2 685 $1,720,000 16 SICILIA PLACE BALCATTA 4 3 2 465 $2,200,000 32 BASSINGHAM ROAD BALCATTA 5 3 3 718 $2,000,000 82 GRINDLEFORD DRIVE BALCATTA 3 2 - 427 $1,750,000 34 HANWORTH STREET BALCATTA 4 2 2 728 $1,634,000 27A IDA STREET BALCATTA 4 2 3 450 $1,480,000 42 ALEXANDER STREET BALCATTA 4 2 3 801 $1,320,000 74 GRINDLEFORD DRIVE BALCATTA 4 2 2 304 $1,300,000 46 ATTRA STREET BALCATTA 3 2 2 350 $1,240,000 183 AMELIA STREET BALCATTA 5 3 3 708 $1,200,000 67 RICKMAN STREET BALCATTA 4 2 2 805 $1,200,000 69 CASTLETON STREET BALCATTA 4 2 2 703 $1,195,000 10 APPLEBY STREET BALCATTA 3 2 2 728 $1,180,000 3 TILLINGA STREET BALCATTA 4 2 2 708 $1,165,000 131 AMELIA STREET BALCATTA 4 1 2 809 $1,150,000 13 HANWORTH STREET BALCATTA 4 2 2 451 $1,125,000 16 DELAFIELD WAY BALCATTA 4 2 2 761 $1,111,000 * Statistics sourced from RP Data Pty Ltd as CoreLogic Asia Pacific and are based on top sales by price in Karrinyup & Balcatta over the last 6 months.
SEALS THE DEAL: WHEN YOU CAN LET YOUR CLIENTS DO THE TALKING. Seller. After purchasing our perfect family home with Jeremy, of course we had to use him to sell our beloved family home! He kept us updated along the way and made the whole process so clear and easy. Always a pleasure dealing with him and cannot recommend him enough. He really is one of the most honest and genuine real estate agents around! Buyer. Not all real estate agents are equal! Dealing with Jeremy is a game changer. Our experience with him was calm, honest, clear and prompt, unlike the usual perception with such agents in the industry. We couldn’t have been better looked after. Thanks Jeremy! Seller. Jeremy was fantastic to work with. He really knows his stuff and was always happy to help, even when things got complicated. Throughout the whole process, he was professional, and made such a difference having his team on my side. I’m really grateful and wouldn’t hesitate to recommend him to anyone looking for a great real estate agent!
DEAL RECAP: 175 CEDRIC STREET, BALCATTA. 165 Cedric Street didn’t just sell, it set a new benchmark for what contemporary, single-storey living could look like in the area. Once this deal hit the market, other sales quickly followed suit, proof that when people see what’s possible, expectations shift. But this was more than just a number on a contract. This result was a testament to the power of premium marketing, tailored video, a strong brand, and above all, an incredible partnership with our sellers. When our clients came to us, their brief was crystal clear: • They’d bought their next home subject to sale — so they needed results fast. • They wanted an agent who could work seamlessly with their purchasing agent to bring everything together. • And they wanted everything WHITEFOX could throw at it, plus the reach of Jeremy’s local network to maximise their return and reduce their changeover costs. Sounds simple, right? But here’s the catch: moving quickly doesn’t always deliver high-end results. In a market where plenty of agents are happy to take the first offer and call it a day, we knew this needed real structure.
Timing and planning were everything. We built a tightly controlled campaign with clear timelines, open communication, and fair competition for buyers. Here’s how it played out: • A locked-in campaign timeline, so everyone knew when offers would be presented. • Transparency for both buyers and sellers, keeping trust high. • Pre-booked three home opens, private tours, and clear price guidance for buyers. • We used RESO, a real-time offer platform, to give buyers visibility and the chance to compete fairly. In just 7 days, we brought 44 engaged buyers, resulting in 6 strong offers — and a final sale that let our sellers secure their future family home. The best bit? The winning buyers actually said “No” at first! They did a drive-by and decided it wasn’t for them. But instead of crossing them off the list, Jeremy took the time to talk them through what was waiting behind that front door. They came back for a private second look… and the rest? Obvious. SEALS THE DEAL: SOLD FOR $1,658,000. A PROCESS TAILORED TO YOU At WHITEFOX, we don’t believe in a one-size-fits-all approach. Selling your home should reflect your needs, preferences, and goals—not a pre-determined formula. Whether it’s a discreet campaign like this one or a broader marketing strategy, we work with you to achieve the best result in the way that suits you. If you’re considering selling and want to explore how a bespoke strategy could work for you, we’d love to discuss how we can help you achieve a result that’s just as extraordinary.
OUR EXPERTISE: LUXURY. Marketing and selling luxury property sits at the core of our business at WHITEFOX. It’s what we pride ourselves on and what we’ve been doing for years now - both within Melbourne’s premier suburbs and now in Auckland and Queenstown, New Zealand. Our approach to marketing luxury properties focuses on worldclass presentation, engaging social media marketing, high-quality collateral, and a bespoke approach, which establishes a memorable experience for buyers. We present and transact luxury property exactly how it should be: curated, and never complicated. CLASSIC.. As our core luxury sales division grew, we saw an opportunity to tailor our offering to better suit our clients’ investment properties, smaller homes & apartments – enter WHITEFOX Classic. Why? Because every asset class requires a different approach to ensure the right buyer is found and no marketing dollars are wasted. The team of advisors know exactly how to position your investment property or beloved home with a tailored marketing strategy leveraging our unique and identifiable tone of voice and visual identity. It’s luxury marketing for lower price point assets.
PROJECTS. Working collaboratively with leading developers and taking cues from the architecture, interior and landscape design, we’ve developed a reputation for successfully marketing and selling some of Melbourne’s most exclusive Projects. Leveraging our marketing expertise and extensive industry knowledge, we understand exactly what will resonate with a project’s core audience and tailor the message to ensure it cuts through in an increasingly competitive landscape. ADVOCACY. With a dedicated in-house advocacy team, WHITEFOX can proudly assert itself as the sole ‘full-service’ real estate agency, providing a truly unique offering to the consumer. Our advocacy team assists clients in finding their perfect property by leveraging our strong relationships within the industry, possessing intimate knowledge of market trends, and employing fundamental skills in negotiation and bidding. Our system for pricing metrics gives certainty to what a property is likely to sell for which saves our clients the most valuable commodity, their time and money.
LOCATIONS. VICTORIA NEW ZEALAND. L1 / 428C Toorak Road, Toorak stonnington@whitefoxrealestate.com.au +61 3 9645 9699 Stonnington Level 1, 44 Beach Street, Queenstown queenstown@whitefoxrealestate.co.nz +64 3 409 0585 Queenstown 1/36 Carpenter Street, Brighton bayside@whitefoxrealestate.com.au +61 3 9645 9699 Bayside 92 Jervois Road, Ponsonby ponsonby@whitefoxrealestate.co.nz +64 9 360 0750 Auckland 8/ 105 Ardmore Street, Wanaka wanaka@whitefoxrealestate.co.nz +64 3 222 8075 Wanaka 332 Drummond Street, Carlton northside@whitefoxrealestate.com.au +61 3 9068 4851 Northside 317A Montague Street,, Albert Park portphillip@whitefoxrealestate.com.au +61 3 9645 9699 Port Phillip 108 Papanui Road, Merivale christchurch@whitefoxrealestate.co.nz Christchurch
DISCLAIMER: THE INFORMATION PROVIDED IN THIS BROCHURE IS INTENDED FOR GENERAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED PROFESSIONAL FINANCIAL, LEGAL, OR OTHER ADVICE. WHILE CARE HAS BEEN TAKEN TO CONFIRM THAT THE MATERIAL CONTAINED IN THIS BROCHURE IS ACCURATE AND UP TO DATE AT THE TIME OF PUBLISHING, WHITEFOX REAL ESTATE PTY LTD ACN 614 253 913 & ABN 83 614 253 913 [“WHITEFOX”, WE, OUR, US”] AND ITS ASSOCIATED COMPANIES GIVE NO WARRANTY, EXPRESS OR IMPLIED, AND MAKE NO REPRESENTATION WITH RESPECT TO THE ACCURACY, APPLICABILITY, LEGAL CORRECTNESS, OR COMPLETENESS OF ANY OF THE CONTENTS OF THIS BROCHURE. ANY RELIANCE YOU PLACE ON SUCH INFORMATION IS STRICTLY AT YOUR OWN RISK. TO THE EXTENT PERMITTED BY LAW, WHITEFOX EXCLUDES RESPONSIBILITY AND LIABILITY IN RESPECT OF ANY LOSS ARISING IN ANY WAY (INCLUDING BY WAY OF NEGLIGENCE) FROM RELIANCE ON THE INFORMATION CONTAINED IN THIS BROCHURE. THE OPINIONS EXPRESSED IN THE BROCHURE ARE THOSE OF THE RESPECTIVE AUTHORS AND DO NOT NECESSARILY REFLECT THOSE OF WHITEFOX. THE INCLUSION OF ANY THIRD-PARTY REFERENCES DOES NOT IMPLY ENDORSEMENT OR RESPONSIBILITY FOR THE CONTENT OR VIEWS EXPRESSED BY THOSE THIRD PARTIES. IT IS ADVISABLE TO CONSULT WITH A QUALIFIED PROFESSIONAL FOR SPECIFIC ADVICE RELATED TO YOUR INDIVIDUAL CIRCUMSTANCES. ANY ARTIST’S IMPRESSIONS OR PLANS PROVIDED ARE INTENDED FOR ILLUSTRATIVE PURPOSES ONLY AND MAY NOT ACCURATELY REPRESENT THE FINAL PRODUCT. © COPYRIGHT WHITEFOX REAL ESTATE PTY LTD. PUBLISHED 2023. ALL RIGHTS RESERVED. ** DISCLAIMER: THE IMAGES MAY BE SUBJECT TO COPYRIGHT OR INTELLECTUAL PROPERTY RIGHTS. THESE IMAGES HAVE BEEN USED SOLELY FOR THE PURPOSE OF COMMENTARY, AND TO PROVIDE CONTEXTUAL INFORMATION REGARDING OUR ASSESSMENT OF THE POSITIONING OF CERTAIN AGENCIES WITHIN THE PROPERTY MARKET. IT SHOULD BE NOTED THAT THE INCLUSION OF THESE IMAGES DOES NOT IMPLY ANY ENDORSEMENT, AFFILIATION, OR AGREEMENT BY THE RESPECTIVE THIRD-PARTY OWNERS OF THE COPYRIGHTED CONTENT. THE VIEWS AND OPINIONS EXPRESSED IN THE ABOVE DIAGRAM ARE SOLELY THOSE OF OUR ORGANISATION AND DO NOT REPRESENT THE PERSPECTIVES OF THE MENTIONED THIRD PARTIES. WE ACKNOWLEDGE AND RESPECT THE RIGHTS OF COPYRIGHT HOLDERS, AND EVERY EFFORT HAS BEEN MADE TO APPROPRIATELY ATTRIBUTE AND COMPLY WITH COPYRIGHT LAWS. IF YOU BELIEVE THAT ANY OF THE MATERIALS DISPLAYED ABOVE INFRINGE UPON YOUR COPYRIGHT OR INTELLECTUAL PROPERTY RIGHTS, PLEASE CONTACT US IMMEDIATELY, AND WE WILL PROMPTLY ADDRESS YOUR CONCERNS. PLEASE BE AWARE THAT THE INFORMATION PROVIDED IN THE DIAGRAM IS INTENDED FOR INFORMATIONAL AND ANALYTICAL PURPOSES ONLY. ANY DECISIONS OR ACTIONS TAKEN BASED ON THE INFORMATION PROVIDED ARE SOLELY AT THE INDIVIDUAL’S OR ENTITY’S OWN RISK. IT IS ADVISABLE TO INDEPENDENTLY VERIFY AND VALIDATE THE ACCURACY AND RELIABILITY OF THE INFORMATION USED IN THIS ASSESSMENT. THE DIAGRAM IS SUBJECT TO CHANGE WITHOUT NOTICE AS THE PROPERTY MARKET EVOLVES, AND WE DO NOT GUARANTEE THE UNINTERRUPTED AVAILABILITY OR ACCURACY OF THE INFORMATION PRESENTED. BY REVIEWING AND USING THIS BROCHURE, YOU ACKNOWLEDGE AND AGREE TO BE BOUND BY THE TERMS AND CONDITIONS OUTLINED IN THIS DISCLAIMER. *** DISCLAIMER: THE IMAGES MAY BE SUBJECT TO COPYRIGHT OR INTELLECTUAL PROPERTY RIGHTS. IT SHOULD BE NOTED THAT THE INCLUSION OF THESE IMAGES DOES NOT IMPLY ANY ENDORSEMENT, AFFILIATION, OR AGREEMENT BY THE RESPECTIVE THIRD-PARTY OWNERS OF THE COPYRIGHTED CONTENT. WE ACKNOWLEDGE AND RESPECT THE RIGHTS OF COPYRIGHT HOLDERS, AND EVERY EFFORT HAS BEEN MADE TO APPROPRIATELY ATTRIBUTE AND COMPLY WITH COPYRIGHT LAWS. IF YOU BELIEVE THAT ANY OF THE MATERIALS DISPLAYED ABOVE INFRINGE UPON YOUR COPYRIGHT OR INTELLECTUAL PROPERTY RIGHTS, PLEASE CONTACT US IMMEDIATELY, AND WE WILL PROMPTLY ADDRESS YOUR CONCERNS. SOUTH AUSTRALIA WESTERN AUSTRALIA 3/183 King William Road Hyde Park adelaide@whitefoxrealestate.com.au +61 8 7092 0371 Hyde Park Unit 6, 94 Rokeby Road, Subiaco perth@whitefoxrealestate.com.au +61 8 6186 8861 Subiaco LOCATIONS. GOLD COAST BRISBANE The Oxley 1823, 2217 Gold Coast Highway, Mermaid Beach goldcoast@whitefoxrealestate.com.au +61 7 5606 6240 Mermaid Beach 1 James Street, Fortitude Valley brisbane@whitefoxrealestate.com.au +61 7 2140 3800 Fortitude Valley VICTORIA CONT. 2/1016 Mornington Flinders Rd, Red Hill peninsula@whitefoxrealestate.com.au +61 3 9645 9699 Peninsula
@whitefoxrealestate whitefoxrealestate.com.au @whitefox.perth perth.whitefoxrealestate.com.au WHITEFOX PERTH PTY LTD,
perth.whitefoxrealestate.com.auRkJQdWJsaXNoZXIy MTI3ODI1