Authored by the expert who managed and guided the team behind the Australia Property Pack
Yes, the analysis of Perth's property market is included in our pack
If you're thinking about buying a townhouse in Perth, knowing the real costs upfront will save you a lot of surprises.
This blog post breaks down everything from purchase prices and neighborhood comparisons to extra fees, renovation budgets, and what foreigners need to know.
We constantly update this blog post so that you always have the freshest data available.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Perth.
How much does a townhouse really cost in Perth as of 2026?
What is the average and median townhouse price in Perth as of 2026?
As of early 2026, the average townhouse price in Perth sits at around AUD 550,000 (roughly USD 350,000 or EUR 325,000).
The median townhouse price in Perth as of early 2026 is a bit lower, at approximately AUD 500,000 (about USD 320,000 or EUR 295,000).
In practical terms, about 80% of townhouse sales in Perth in 2026 fall somewhere between AUD 400,000 and AUD 850,000 (USD 255,000 to USD 540,000, or EUR 235,000 to EUR 500,000).
The average is higher than the median because a relatively small number of premium townhouses in suburbs like Cottesloe and Claremont push the average upward, while most transactions happen at more accessible price points.
By the way, you will find much more detailed data in our property pack covering the real estate market in Perth.
What is the price per square meter for townhouses in Perth as of 2026?
As of early 2026, the average price per square meter for townhouses in Perth is around AUD 3,500 (approximately USD 2,230 or EUR 2,060).
For most transactions in Perth, the price per square meter for a townhouse ranges from about AUD 2,500 at the lower end to AUD 5,500 or more for premium properties (USD 1,590 to USD 3,500, or EUR 1,470 to EUR 3,230).
The single biggest driver of price-per-square-meter differences across Perth townhouses in 2026 is location, specifically how close the property is to the CBD, the Indian Ocean coast, or a train station.
Compared to apartments in the same Perth suburbs, townhouses generally cost 10% to 20% more per square meter, mainly because they come with private outdoor space and direct street access.
What is the cheapest and most expensive townhouse price in Perth as of 2026?
As of early 2026, the cheapest townhouses currently on the market in Perth start at around AUD 380,000 (roughly USD 242,000 or EUR 223,000).
At the other end of the spectrum, the most expensive townhouses in Perth in 2026 can reach AUD 2,000,000 or more (approximately USD 1,270,000 or EUR 1,175,000) for the most sought-after properties.
The cheapest townhouses in Perth in 2026 tend to be located in outer suburbs like Balga, Beechboro, or Armadale, are often older in construction (pre-2000s), and typically have minimal outdoor space and no parking garage.
The most expensive townhouses in Perth in 2026 are almost always found in coastal or inner-city suburbs like Cottesloe, Nedlands, or Subiaco, and they combine large floor areas, modern finishes, rooftop terraces, and private garaging in highly desirable school catchment zones.
How much deposit is required to buy a townhouse in Perth as of 2026?
As of early 2026, the typical minimum deposit to buy a townhouse in Perth is around AUD 50,000 (approximately USD 32,000 or EUR 29,500), which represents a 10% deposit on a median-priced property.
Most lenders in Perth in 2026 expect buyers to put down between 10% and 20% of the purchase price, with 20% being the standard threshold to avoid paying Lenders Mortgage Insurance (LMI).
A deposit of AUD 100,000 (about USD 64,000 or EUR 59,000), which is roughly 20% of the median townhouse price in Perth, gives buyers access to better mortgage rates and avoids the extra LMI cost entirely.
If a buyer cannot reach the 20% deposit in Perth, they can still proceed with as little as 5% to 10% deposit, but they will need to pay LMI, which can add several thousand dollars to the total cost of the purchase.
How much are monthly mortgage payments for a townhouse in Perth as of 2026?
As of early 2026, the typical monthly mortgage repayment for a median-priced townhouse in Perth is around AUD 2,500 (approximately USD 1,590 or EUR 1,470).
This estimate assumes a purchase price of AUD 500,000, a 20% deposit of AUD 100,000, a 30-year principal-and-interest loan at an interest rate of around 6% per year, which reflects current Australian variable mortgage rates in early 2026.
Depending on deposit size and loan term, monthly repayments for Perth townhouses in 2026 realistically range from about AUD 1,800 for buyers with larger deposits and shorter loans to AUD 3,200 for those borrowing close to the maximum with a smaller deposit (USD 1,145 to USD 2,035, or EUR 1,055 to EUR 1,875).
In Perth in 2026, mortgage repayments on a typical townhouse represent roughly 30% to 40% of the median household income, which is considered the upper edge of comfortable affordability by most Australian financial guidance standards.
You can also read our latest update about mortgage and interest rates in Australia.
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Which neighborhoods have townhouses in Perth and how do prices compare in 2026?
Which neighborhoods have the most townhouses in Perth right now?
The three Perth suburbs with the highest concentration of townhouses right now are Victoria Park, Carlisle, and Bayswater, all of which have seen significant medium-density development over the past decade.
Victoria Park has an estimated 1,500 to 2,000 townhouses, Carlisle around 800 to 1,200, and Bayswater approximately 1,000 to 1,500, though exact counts shift as new developments complete.
These inner-eastern and inner-northern suburbs accumulated so many townhouses because they sit close to the Perth CBD, have good train access, and were specifically targeted for medium-density infill under the Western Australian government's urban consolidation planning policies from the 2000s onward.
By contrast, outer suburban areas like Ellenbrook, Baldivis, and Alkimos have very few townhouses, as those corridors were developed primarily as conventional freestanding house estates with large lots.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Perth.
What is the average townhouse price by neighborhood in Perth as of 2026?
As of early 2026, the average townhouse price in Victoria Park is around AUD 600,000 (USD 382,000 or EUR 353,000), in Bayswater around AUD 580,000 (USD 369,000 or EUR 341,000), and in Carlisle around AUD 530,000 (USD 337,000 or EUR 311,000).
The gap between the cheapest and most expensive Perth suburbs for townhouses in 2026 is substantial, ranging from around AUD 380,000 in outer-ring suburbs like Armadale to over AUD 1,500,000 in coastal suburbs like Cottesloe, a difference of more than AUD 1,000,000.
The single most important factor behind these price differences is proximity to the coast and the CBD, with every kilometer closer to the Indian Ocean or the Perth city center adding meaningful value to a townhouse in 2026.
For buyers looking for the best value per dollar in Perth in 2026, suburbs like Bayswater and Maylands offer a strong combination of train access, cafe culture, and reasonable prices before the premium coastal and inner-city suburbs fully price in.
Which neighborhoods are considered affordable for townhouses in Perth as of 2026?
As of early 2026, the most affordable suburbs to buy a townhouse in Perth are Armadale, Midland, and Balga, all of which still offer properties at prices well below the Perth median.
Townhouse prices in these affordable Perth suburbs in 2026 typically range from AUD 380,000 to AUD 470,000 (approximately USD 242,000 to USD 299,000, or EUR 223,000 to EUR 276,000).
The main trade-off when buying in these suburbs is distance from the CBD and coast, with Armadale sitting about 30 kilometers south-east of the city center and Balga about 10 kilometers north but with fewer amenities than trendier northern suburbs.
On the positive side, Armadale, Midland, and Balga all have their own train stations, meaning commuting to central Perth without a car is genuinely feasible, which is a practical advantage that keeps these suburbs relevant for a wide range of buyers.
Which neighborhoods are considered high end for townhouses in Perth as of 2026?
As of early 2026, the three most high-end suburbs for townhouses in Perth are Cottesloe, Claremont, and Subiaco, consistently sitting at the top of the Perth market.
Townhouse prices in Cottesloe, Claremont, and Subiaco in 2026 typically range from AUD 1,200,000 to over AUD 2,000,000 (approximately USD 764,000 to USD 1,270,000, or EUR 706,000 to EUR 1,175,000) for well-positioned properties.
The single most important premium in these neighborhoods is their combination of Indian Ocean proximity, prestigious school zones, and architectural quality, particularly the prevalence of architect-designed and boutique-developed townhouses rather than volume-built stock.
Buyers in Perth's high-end townhouse market in 2026 are typically affluent local professionals and downsizers from large family homes in the same suburbs who want to reduce maintenance without leaving their preferred lifestyle corridor.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Australia versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What extra costs should I expect when buying a townhouse in Perth as of 2026?
How much are total extra costs for townhouses in Perth as of 2026?
As of early 2026, buyers purchasing a townhouse in Perth should budget for total extra costs of roughly 4% to 6% of the purchase price, which on a AUD 500,000 property means setting aside between AUD 20,000 and AUD 30,000 (approximately USD 12,700 to USD 19,100 or EUR 11,750 to EUR 17,650).
In practice, the realistic range for extra costs on a Perth townhouse purchase in 2026 spans from about AUD 15,000 for a straightforward lower-priced purchase to over AUD 50,000 for a premium-priced property where stamp duty alone is substantial.
These extra costs cover stamp duty (transfer duty), legal and conveyancing fees, building and pest inspection fees, mortgage registration fees, and strata search fees if the townhouse is part of a strata scheme.
If a buyer underestimates these costs in Perth, they risk being unable to complete the settlement or having to draw down additional funds at short notice, which can create serious problems in a market where finance deadlines are strictly enforced.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Perth.
What makes the biggest part of this budget?
By far the largest single extra cost when buying a townhouse in Perth in 2026 is stamp duty (officially called transfer duty in Western Australia), which applies to almost every residential purchase.
On a AUD 500,000 townhouse in Perth in 2026, stamp duty amounts to roughly AUD 17,765, which represents about 3.5% of the purchase price on its own, and it rises progressively as the price increases.
The second-largest cost is typically legal and conveyancing fees, which in Perth in 2026 generally run between AUD 1,500 and AUD 3,000 for a standard townhouse purchase.
These two categories dwarf all other costs because stamp duty is a government-mandated percentage-based tax with no cap for non-first-home buyers, while conveyancing is a legally required professional service that cannot be skipped in a Western Australian property transaction.
How to minimize these extra costs?
The single most effective way to reduce extra buying costs in Perth in 2026 is to check eligibility for the First Home Owner Grant and stamp duty concessions, which the WA government offers to eligible first-home buyers and can eliminate or significantly reduce the largest cost item.
In terms of costs that can realistically be negotiated, conveyancing fees and building inspection fees in Perth both have some flexibility, and getting at least two quotes from licensed conveyancers or settlement agents is a simple way to save a few hundred dollars.
Buyers who qualify for first-home buyer stamp duty concessions in Perth in 2026 can save up to AUD 15,000 or more (approximately USD 9,550 or EUR 8,825) compared to a standard purchaser paying full transfer duty.
What buyers should avoid in Perth is skipping the building and pest inspection to save the AUD 500 to AUD 800 it costs, because undiscovered defects can easily turn into repairs costing tens of thousands of dollars after settlement.
Please also note that we detail all the strategies to make your property investment super profitable in our pack about real estate in Perth.
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How much renovation and maintenance should I budget for a townhouse in Perth?
How much does it cost to renovate an old townhouse on average in Perth as of 2026?
As of early 2026, a full renovation of a typical older townhouse in Perth costs on average between AUD 60,000 and AUD 120,000 (roughly USD 38,000 to USD 76,000 or EUR 35,000 to EUR 70,000), depending on scope and finishes.
In Perth in 2026, renovation costs per square meter range from around AUD 500 to AUD 800 for a basic cosmetic refresh, AUD 1,000 to AUD 1,800 for a mid-range renovation, and AUD 2,500 or more for a high-end full rebuild of interiors.
The single most expensive renovation category in Perth townhouses in 2026 is typically the kitchen and wet areas (bathrooms and laundry), which together often account for 40% to 60% of the total renovation budget due to trade labour costs and waterproofing requirements.
The most common unexpected cost that arises during Perth townhouse renovations is asbestos removal, particularly in properties built before 1990, where asbestos-containing materials in walls, ceilings, or eaves can add AUD 5,000 to AUD 20,000 to the project cost if not identified during pre-purchase inspection.
How much should I budget yearly for townhouse maintenance in Perth?
As of early 2026, Perth townhouse owners should set aside between AUD 3,000 and AUD 6,000 per year (approximately USD 1,910 to USD 3,820 or EUR 1,765 to EUR 3,530) as a realistic annual maintenance budget.
A commonly used rule of thumb in Australia is to budget around 1% of the property's value per year for maintenance, which on a AUD 500,000 Perth townhouse means around AUD 5,000 annually.
The maintenance categories that typically consume the largest share of the annual budget for Perth townhouses are garden and outdoor area upkeep, air conditioning servicing (essential given Perth's hot summers), and minor plumbing and roof maintenance.
Every 5 to 10 years, Perth townhouse owners should expect to budget for a major expense such as exterior repainting (AUD 5,000 to AUD 15,000), hot water system replacement (AUD 1,500 to AUD 3,500), or full roof re-pointing or recoating, which can cost AUD 4,000 to AUD 10,000.
Can foreigners legally buy a townhouse in Perth right now?
Yes, foreigners can legally buy a townhouse in Perth right now, but they must first obtain approval from the Foreign Investment Review Board (FIRB) before completing the purchase.
The main legal requirements for foreigners buying townhouses in Perth in 2026 are submitting a FIRB application, paying the applicable FIRB application fee (which scales with property value), and in most cases being restricted to purchasing new or off-the-plan properties rather than established homes, unless they hold a temporary visa.
Foreigners need to have their FIRB approval in writing before exchanging contracts, and they also need a Tax File Number (TFN) from the Australian Taxation Office and standard identification documents to complete a property transaction in Western Australia.
One of the most common pitfalls for foreign buyers in Perth is attempting to purchase an established resale townhouse without holding a qualifying visa, as FIRB rules in 2026 generally restrict non-residents from buying established dwellings, and doing so without approval can result in forced sale orders and financial penalties.
Do banks give mortgages to foreigners buying townhouses in Perth as of 2026?
As of early 2026, Australian banks do offer mortgages to foreigners buying townhouses in Perth, but the conditions are noticeably stricter and the pool of willing lenders is smaller than for Australian residents.
Most Australian lenders in 2026 will offer foreign buyers a maximum loan-to-value ratio (LVR) of around 70%, meaning foreigners typically need a minimum 30% deposit to secure financing for a Perth townhouse.
In addition to standard documents, banks in Perth typically require foreign mortgage applicants to provide certified proof of overseas income (translated into English), a clean credit report from their home country, evidence of FIRB approval, and in some cases a larger cash reserve to demonstrate financial stability.
Foreign buyers who find it easiest to get mortgage approval in Perth in 2026 are those with permanent residency visas or New Zealand citizenship, who are generally treated on close to the same terms as Australian residents by most major lenders.
What interest rates do foreigners get for townhouses in Perth as of 2026?
As of early 2026, foreign buyers taking out a mortgage to buy a townhouse in Perth typically face interest rates ranging from around 6.5% to 7.5% per year, which is somewhat higher than the rates available to Australian residents.
Compared to resident borrowers in Perth in 2026, foreign buyers generally pay around 0.5 to 1.5 percentage points more in interest, reflecting the additional risk premium that lenders apply to non-resident income and asset assessments.
The main factor determining whether a foreign buyer gets closer to 6.5% or 7.5% in Perth in 2026 is the size of their deposit: the larger the deposit and lower the LVR, the more negotiating power the buyer has with lenders and the lower the rate they can secure.
Over a typical 25-year loan on a AUD 500,000 Perth townhouse, this 1% rate premium for foreign buyers can translate to an additional AUD 75,000 to AUD 90,000 in total interest paid (approximately USD 47,700 to USD 57,300 or EUR 44,100 to EUR 52,900) compared to a local buyer on the best resident rate.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Australia. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Perth, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| REIWA (Real Estate Institute of Western Australia) | It's the main official body tracking residential property transactions, prices, and trends specifically in Western Australia. | We used REIWA to source median and average townhouse prices across Perth suburbs. We also relied on REIWA's suburb-level sales data to compare neighborhood price differences in 2026. |
| CoreLogic Australia | CoreLogic is Australia's leading independent property data company, covering millions of transactions and valuations nationwide. | We drew on CoreLogic's Perth-specific price indices and recent sales data to validate our townhouse price estimates. We also used CoreLogic's price-per-square-meter benchmarks to cross-check our own calculations. |
| Australian Bureau of Statistics (ABS) | The ABS is Australia's official national statistics agency, providing authoritative data on housing, income, and demographics. | We referenced ABS data to contextualize Perth townhouse prices against household incomes and housing stock data. We also used ABS census figures to analyze which suburbs have the highest density of townhouse dwellings. |
| realestate.com.au | It is Australia's largest residential property listings platform, reflecting live market activity and actual sold price data. | We used realestate.com.au to analyze active listings and recently sold townhouse prices across Perth suburbs. We cross-referenced listing prices with sold data to identify realistic price ranges and outliers. |
| Domain | Domain is one of Australia's major property platforms, with its own analytics and market insights team publishing regular price reports. | We used Domain's suburb price reports and townhouse-specific sold data to supplement REIWA and CoreLogic figures. We also drew on Domain's neighborhood profiling to assess lifestyle and demand drivers in Perth suburbs. |
| Reserve Bank of Australia (RBA) | The RBA is Australia's central bank and the official authority on interest rates, monetary policy, and lending conditions. | We used RBA cash rate announcements and lending data to establish the current interest rate environment for Perth townhouse buyers. We also applied RBA housing credit statistics to estimate realistic mortgage repayment figures. |
| Revenue WA (Western Australian State Revenue) | Revenue WA is the official state government body administering transfer duty (stamp duty) and first-home buyer concessions in Western Australia. | We used Revenue WA's official transfer duty calculator and rate schedules to estimate stamp duty costs for Perth townhouse purchases at various price points. We also reviewed first-home buyer concession eligibility rules directly from Revenue WA. |
| Foreign Investment Review Board (FIRB) | FIRB is the Australian government body that regulates and approves foreign investment in residential real estate. | We referenced FIRB's official residential property policy documents to explain what foreign buyers are and are not allowed to purchase in Perth. We also reviewed FIRB application fee schedules and approval conditions current as of early 2026. |
| Australian Taxation Office (ATO) | The ATO is Australia's federal tax authority and provides the definitive guidance on tax obligations for property buyers including foreign purchasers. | We drew on ATO guidelines to outline the tax registration and compliance steps that foreign buyers must complete when purchasing property in Perth. We also checked ATO resources on capital gains tax and withholding rules relevant to foreign investors. |
| APRA (Australian Prudential Regulation Authority) | APRA regulates Australian banks and lending institutions, making its data on lending standards and deposit requirements highly authoritative. | We used APRA's prudential lending guidelines to understand the deposit and loan-to-value ratio requirements that Perth banks apply to both resident and foreign buyers. We also referenced APRA's mortgage serviceability standards to contextualize monthly repayment estimates. |
| ASIC MoneySmart | MoneySmart is operated by Australia's financial regulator ASIC and provides authoritative consumer guidance on mortgages, deposits, and buying costs. | We used MoneySmart's mortgage repayment calculators and buying cost guides as a benchmark to validate our estimates for Perth townhouse purchasers. We also drew on MoneySmart's Lenders Mortgage Insurance explanations to describe the implications for low-deposit buyers. |
| Housing Industry Association (HIA) | The HIA is Australia's peak residential building industry body, with authoritative data on construction and renovation costs. | We used HIA cost benchmarks to estimate renovation and new build costs per square meter relevant to Perth in 2026. We also referenced HIA's trade labour cost surveys to contextualize the cost of kitchen and bathroom renovation work in Western Australia. |
| WA Department of Planning, Lands and Heritage | This state government department controls planning policy and zoning in Western Australia, directly shaping where townhouse development occurs. | We referenced planning policy documents and infill development data from this department to explain why certain Perth suburbs have high concentrations of townhouses. We also used zoning maps to identify areas where future townhouse supply is likely to increase. |
| PerthNow | PerthNow is Perth's leading local news platform and regularly publishes detailed real estate market reporting based on live WA data. | We used PerthNow real estate coverage to track recent market sentiment and suburb-specific townhouse demand trends in early 2026. We also cross-referenced PerthNow reporting with our own data to identify emerging neighborhoods gaining buyer interest. |
| Mortgage Choice | Mortgage Choice is one of Australia's largest mortgage broker networks, with broad visibility across lender policies and foreign buyer mortgage products. | We used Mortgage Choice guidance and published broker resources to understand how Perth lenders treat foreign buyer applications. We also drew on their rate and LVR comparison tools to estimate the realistic mortgage options available to non-resident buyers in 2026. |
| hipages | hipages is Australia's leading home services marketplace, aggregating real trade quotes for renovation and maintenance work across the country. | We drew on hipages tradesperson pricing data for Perth to estimate renovation costs across basic, mid-range, and premium categories. We also used hipages benchmarks to validate asbestos removal and kitchen renovation cost ranges specific to Western Australia. |
| Law Society of Western Australia | The Law Society of WA is the official professional body for lawyers and conveyancers in the state, with published fee guidance for property transactions. | We referenced Law Society guidelines to benchmark the range of conveyancing and settlement fees that Perth buyers pay in 2026. We also used their resources to outline the legal steps and documentation required to complete a Perth townhouse purchase. |
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