Perth Suburb Soars $500k, Joins $1 Million Property Club

The Perth suburb of Samson has achieved remarkable growth, entering the million-dollar property market. In the past year, home values surged by $500,000, pushing the median sale price to an impressive $1.25 million.

Samson: A New Million-Dollar Suburb

Samson is one of 32 suburbs in Perth that surpassed the $1 million median sale price for the first time. Overall, Western Australia now boasts a total of 126 suburbs within this exclusive market segment.

Significant Growth Rates

• Samson experienced a staggering growth rate of 40.5%.
• The suburb of Brentwood followed closely with a 37.1% increase, reaching a median price of $1.275 million.
• Serpentine in the Hills recorded a 36.8% growth, hitting $1.17 million.
• Other notable performers included Roleystone (26.3% to $1.047 million) and Maylands (23.1% to $1.05 million).

This growth trend reflects a broader increase in the Perth property market. In 2025, the median house sale price for Greater Perth rose by 13.3%, following an impressive 25% growth in 2024. During that time, a record 37 suburbs entered the million-dollar club.

Emerging Suburb Trends

The million-dollar club is expanding rapidly. Newcomers include suburbs such as Darch and Madeley in the city of Wanneroo, as well as Glen Forrest in the shire of Mundaring, North Lake, and Canning Vale.

Suzanne Brown, president of the Real Estate Institute of WA, indicated that if property growth continues at the anticipated rate of 10%, the club could welcome up to 150 suburbs by the end of 2026.

Challenges for Some Suburbs

Despite the overall growth, some suburbs have fallen from grace. Karawara, Carmel, and Bickley have dropped below the million-dollar threshold since late 2024. Additionally, Mariginiup, Hovea, and Millendon no longer meet the 28 sales minimum required for inclusion in the REIWA-compiled list.

As Perth’s property market continues to evolve, a dynamic landscape of high-value suburbs is emerging. The impact of this protracted growth period promises to reshape the region’s real estate outlook in the years ahead.