- Denmark one of the most searched locations on reiwa.com.au
- Median house price in Denmark $405,000
- 19.9% increase in median house price in FY21
As famous Dane, Hans Christian Andersen once said, “Just living is not enough… one must have sunshine, freedom, and a little flower.”
That’s exactly what droves are chasing in Denmark… Western Australia.
Famed for its world-class beaches, giant Karri forests, rolling green hills and vineyards, Denmark in Western Australia’s southwest has proved more popular than the outskirts of Perth’s suburbs.
While Denmark was only the 13th most viewed in the state on reiwa.com.au, it still ranked above Mandurah and Baldivis in Perth’s southern outskirts only attracted 22,758 and 24,270 views respectively.
reiwa.com.au reported 25,098 people viewed the town on the listings website in the first half of 2021. That number is as towering as the Karri trees, interest in Margaret River was recorded as 13,233 views, and Dunsborough 16,187 views.
It comes as no surprise that people are looking for a sea or tree change, in the case of Denmark both. The Property Tribune previously Covid accelerated the move to the regions, that sentiment was felt across the country, with buyers snapping up properties in Victoria.
While not every regional location is a “sure-fire winner“, one local government in WA reported approved projects totalled $150 million for the financial year just passed; that is well above the three year average of $92 million.
The stock shortage in Denmark comes as no surprise, reiwa.com.au reported sales activity increased by 32 per cent annually, with 124 sales in the 2020-21 financial year.
Selling in the area will also see increased returns, with a 19.9 per cent increase to its median house sale price in the 2020-21 financial year. reiwa.com.au also noted median house sale price remains affordable at $405,000.