Perth’s coastal suburbs where you can still find a home for less than $400,000

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Homebuyers chasing a coastal lifestyle can still find properties within 5km of the beach for $200,000 below Perth’s median house price, new data shows.

Real Estate Institute of WA figures for the greater Perth area show Mandurah is the cheapest coastal suburb with an average house price of $320,000 compared to Perth’s median of $527,000.

In Merriwa, about 36km north of the CBD, beach lovers can also find homes under $400,000, with its median at $386,388, making it the second most affordable. Warnbro, in Perth’s south, was third at $395,000.

While the most budget-friendly coastal suburbs are all 30km or more from the CBD, REIWA president Damian Collins said those areas were becoming more attractive to buyers, thanks in part to the impact of COVID on working from home.

“I definitely think in the medium term we will see these coastal areas about an hour or more away from the city become more popular, simply because if you come into the office two days a week, the hour and a half each way is not so bad, when you have the rest of the week in a beautiful place near a beach,” said Mr Collins.

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