Perth’s real estate market remains one of Australia’s strongest performers. After a period of record‑breaking annual growth of around 25%, prices are still rising at a rapid pace, with recent monthly gains close to 2% and advertised listings sitting about 40–45% below average. This extreme shortage of stock means buyers and investors continue to face strong competition and fast‑moving conditions, even as REIWA reports that buyer behaviour has become a little more considered compared to the peak of the 2024 frenzy.
But where you buy remains just as important as when. Choosing the right location means weighing up lifestyle, connectivity, schools, transport, modern conveniences, recreational facilities, and future growth potential, all while ensuring long-term value.
Escaping the Rental Market
For many West Australians, the motivation to buy land is simple: get out of the rental cycle. With the median weekly house rent in Perth now pushing past $620 and the unit market seeing similar increases, renting is no longer the “easy” option.
High rents and low vacancy rates have made it harder to find affordable rentals, leading many to prioritise home ownership instead. The strong demand for housing, combined with limited rental supply, has accelerated interest in northern suburbs and corridors like Perth’s north-east, where land remains attainable.
This region offers an affordable alternative to inner-city living without sacrificing convenience, with easy access to quality schools, shopping centres, and recreational facilities.
Robust Price Growth: Why Focus on Perth’s North-East?
If you’re chasing future growth in Perth suburbs, the north-east corridor stands out for its median price growth and accessibility. It’s a region that blends nature, modern infrastructure, and opportunity, making it attractive to both investors and young families looking to buy or build.
North-East Corridor Highlights
- Proximity to the Swan Valley – one of Western Australia’s premier lifestyle and wine destinations
- Swan River frontage – in peaceful, tranquil pockets like Viveash
- Conveniently located – just 18–25km from the Perth central business district
- Access to schools, transport, and jobs - all available in the growing Midland precinct
- Strong growth - in sales volumes, median sale price, and demand
With strong rental yield and continued migration to Western Australia, land in this corridor represents one of the few remaining opportunities to build close to the city while still enjoying the natural beauty of nature reserves and nearby native bushland.
What the Numbers Say
When it comes to comparing Perth’s north-east suburbs, the data helps paint a clear picture. In Viveash, for example, the median house sale price sits at approximately $690,000, with a sales growth of nearly 20%, reflecting consistent demand and limited supply. For those considering apartments or townhouses, the median unit price offers a more accessible entry point, currently hovering around $560,000.
On the rental side, Viveash boasts a median weekly rent of about $760 for houses, contributing to a healthy rental yield that continues to attract investors. Compared to surrounding suburbs, the median house price in Viveash provides excellent value, especially given its riverside location, connectivity, and convenience.
Standout Suburbs in Perth's Northern Corridor
Viveash – Nature, Connectivity & Community at Rivermark
Tucked between the Swan River and Midland, Viveash is one of the best Perth suburbs for those seeking peace, connection to nature, and modern amenities, all just 18 km from the Perth CBD.
It’s a well-established suburb that blends riverside tranquillity with urban convenience. At its heart lies Rivermark, a premium, master-planned community offering a mix of land packages and house and land options designed to suit every stage of life.
Why Buy Land at Rivermark?
- Rare Swan River frontage and walkable green spaces
- Close to Guildford, Swan Valley, and Midland’s shopping and transport hubs
- Family-friendly design, with parks, playgrounds, and recreational facilities
- Premium schools, healthcare, and public transport nearby
- Sustainable community layout with waterwise landscaping and environmental credentials
Rivermark’s location also offers easy access to the Mitchell Freeway, Tonkin Highway, and Perth Airport, making it a smart location for commuters and families alike.
Whether you’re building your new house, downsizing, or investing for the future, Rivermark combines lifestyle, flexibility, and long-term value.
View available land at Rivermark or read our helpful First Home Buyers Guide.
Midland – Urban Convenience with Redevelopment Appeal
Located just next door to Viveash, Midland is a thriving northern suburb and a central transport and retail hub for the entire region. It’s been undergoing a major transformation in recent years, with significant government investment reshaping the area into a vibrant urban centre.
What You’ll Find in Midland
- High-density residential developments and modern conveniences
- A network of shops, cafés, and healthcare facilities
- Major shopping centres and Curtin University’s Midland campus
- A convenient train line for easy access to the CBD
Midland’s median sale price remains accessible for first-home buyers, while investors benefit from consistent rental yield. However, most land is infill or small-lot, limiting opportunities for custom builds.
Guildford – Heritage Charm, Limited Land Supply
Guildford is one of Perth’s most historic and well-established suburbs, offering tree-lined streets, heritage homes, and boutique charm. It’s also one of the city’s most tightly held property markets.
Guildford Snapshot
- Heritage streetscapes and classic architecture
- High median sale price driven by scarcity and prestige
- Limited land availability, with heritage overlays restricting development
- Proximity to the Swan River and Perth Hills
While Guildford has enduring appeal for buyers who value history and character, land opportunities are rare. For those wanting to build a new house, the area’s strong demand and limited supply can make entry difficult, especially when compared to the flexibility offered in surrounding suburbs like Viveash.
What to Look For When Buying Land
Buying land requires more than a quick scan of listings; it calls for thorough research into your lifestyle needs and investment goals.
Key Considerations for when you're looking to buy:
Growth Potential
Look for areas showing strong median price growth, improving infrastructure, and consistent buyer demand. Suburbs with a strategic location near major roads and transport hubs often hold their value better.
Lifestyle Fit
Consider proximity to schools, parks, recreational facilities, and local modern conveniences. Suburbs like Viveash offer balance — access to the city with the calm of natural bushland and the Swan River.
Community & Liveability
Check for nature reserves, walkability, and community events. These are hallmarks of suburbs that grow sustainably and attract young families.
Flexibility & Builders
Are you free to choose your own builder or at least select from a list of trusted home builders Perth offers? Can you access a variety of land packages to suit your needs?
Why Viveash and Rivermark Stand Out as a Future-Proofed Choice
When comparing suburbs in Perth's booming northern corridor, it's easy to see why Viveash is emerging as the clear leader in lifestyle, location, and value.
And located at the heart of this stunning suburb is Rivermark, an idyllic masterplanned community that offers beautiful residences and an enviable riverside lifestyle.
Rivermark delivers the rare opportunity to build in a well-established suburb while still enjoying modern planning, generous open spaces, and strong resale appeal — a balance few Perth suburbs can offer.
Here’s what sets Rivermark apart:
- Affordability: Larger blocks with strong median price growth and future value
- Lifestyle: Riverfront setting, parks, and recreational facilities
- Investment: Located in one of the top future growth suburbs Perth offers, with excellent rental yield
- Connectivity: Easy access to schools, shops, hospitals, and public transport
- Sustainability: Designed around green living, nature reserves, and energy efficiency
Ready to Explore Land for Sale in One of Perth's Best Suburbs?
So, what really makes a suburb family-friendly?
- Good schools
- Green spaces and parks
- Safe, welcoming streets
- Everyday essentials nearby
- Affordable housing
- A strong sense of connection and community
Rivermark offers all of this and more. It’s a return to the values of traditional neighbourhood living where children ride bikes, parents chat on the footpath, and nature is never far away.
Combining the benefits of a masterplanned riverside community with a competitive average house price, Rivermark offers exceptional value for first-home buyers and growing families seeking both quality and affordability.
This thoughtfully designed riverside suburb is a hidden gem in Western Australia, offering relaxed community living without compromising on convenience. It’s one of the more affordable suburbs for families seeking a premium lifestyle in a peaceful, leafy suburb that’s still close to the CBD.
With homes designed for young families, first-home buyers, and upsizers, Rivermark truly is a place where many families can grow and thrive. Surrounded by quality schools, stunning nature, great recreational activities and easy access to everything you need for a relaxed lifestyle, it’s a community built for today and for the future.
Explore land for sale at Rivermark today and discover a better way of living for your family—right here in the heart of Viveash.