10 best suburbs for first home buyers in Perth

• Canstar's latest report reveals the best suburbs for first home buyers
• Perth is the best capital city for first home buyers according to the report
• Armadale, Butler and Gosnells top the list for Perth

First home buyers in Perth are looking at some of the most affordable options in the country according to a new report published by Canstar that identified the best Bright Starters suburbs.

The research took into account price, only considering suburbs in Perth with median prices lower than $440,000.

Canstar’s Editor-at-Large, Effie Zahos, explained that the research took a common-sense approach. The report shows how long it would take to save a deposit for an
entry-level property rather than a more expensive median-priced option.

“Of course, being able to afford a property is only one part of the buying equation – where to buy is just as important.”

Effie Zahos, Canstar Editor-at-Large

“These suburbs not only meet our objective of being affordable but have strong prospects for growth based on five key metrics – sales volumes, price growth, vacancy rates, infrastructure and proximity to work and amenities.”

For suburbs on this list, the average time to save for a 10% deposit plus stamp duty is three years and eight months for a single income. This is based on ABS Personal Income data for Perth and the assumption that 20% of after-tax income is saved each month.

For a dual-income, it only takes a year and eight months.

Buying a property in Perth has a stamp duty rate that is quite low by national standards at just $433, making it even more attractive to first-time buyers. For those eligible, first home buyers can sometimes avoid stamp duty all together if the property is valued under $430,000.

The best suburbs in Perth for first home buyers

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10 best suburbs in Perth for first home buyers

1.  Armadale

2.  Medina

3.  Parmelia

4. Midland

5.  Gosnells

6. Kelmscott

7. Westminster

8. Butler

9.  Port Kennedy

10. Rockingham