ELLENBROOK was among Perth’s top performing suburbs for sales last week as overall transactions across the metropolitan area rose 17.1 per cent.

According to the Real Estate Institute of Western Australia (REIWA) market snapshot for the week ending February 22, members reported 884 sales transactions, with house sales up 25.6 per cent on the previous week.

Ellenbrook recorded 10 sales, placing it equal third alongside Innaloo and Perth, while Byford and East Perth led the way with 13 and 11 sales respectively.

In Ellenbrook, median house prices have grown 14.4 per cent over the past year to reach $755,000, with rental prices up 1.4 per cent to a median of $700 per week.

Houses in the suburb are moving quickly, with a median time on market of eight days, compared to 11 days for units.

Based on settled sales, the upper quartile price in Ellenbrook sits at $850,000, while the lower quartile is $685,000.

Nearby suburbs have also experienced strong annual growth, with Aveley up 15 per cent, Bullsbrook up 15.8 per cent and Henley Brook up 11.2 per cent.

In the rental market, there were 1,920 properties available for rent across Perth last week, similar to the week prior.

REIWA members reported 617 properties leased, down 15.6 per cent on the previous week.

Ellenbrook’s average online views per property for sale were 85 over the past 14 days, compared to a Perth average of 120, reflecting consistent buyer interest in the growing north-eastern suburb.

Unit sales across Perth were up 6 per cent compared to the previous week, while land sales dropped 11.6 per cent.

The highest recorded sale price last week was $2.56 million in Alfred Cove, while the lowest was $515,000 in Medina.

There were 2781 properties listed for sale across Perth at the end of last week which is 2.6 per cent higher than the week prior.

House listings increased 2.4 per cent, unit listings rose 1.9 per cent and vacant land listings climbed 5.2 per cent.

Despite the weekly rise, total properties for sale were 45.3 per cent lower than levels seen a year ago, although up 16.2 per cent compared to four weeks ago according to REIWA.