Perth’s average number of days on market currently stands at 66 days, which is considerably higher than 4 years ago when it took an average of 41 days to sell a property in Perth.

But there are some suburbs in Perth where properties are selling much faster now than they did during the property ‘boom’. Rossmoyne, North Beach and Mount Lawley are among those suburbs on the list, with properties in Rossmoyne selling an average of 22 days faster than they did in 2013, when the property market was much stronger.

REIWA President Hayden Groves said it was easy to get caught up in general Perth market talk, but it was important to look deeper to see how individual suburbs were performing.

Interestingly, eight of the 10 suburbs on the list have an annual median house price of over $750,000 (for the year to January 2017) with four of those suburbs hovering above the $1 million mark.

“These results show the quickest sales are happening in the suburbs that predominantly cater to the trade-up sector of the residential property market,” said Mr Groves. “Buyers looking to take the next step in their property journey clearly recognise there is good opportunity in the current market to take advantage of more affordable house prices to upgrade to a new home,” he added.

How does your suburb fare?

Click here  for an interactive map that allows you to compare the performance of your suburb or a suburb of interest, including median house price, growth, time on market, sale hot spots and more.