Subiaco revitalizes with new developments and competitive housing market in Perth

Subiaco, a vibrant suburb of Perth, has a population of about 9,940 and is located just 3.9 km from the city center. The median house price is $1.9 million, while units average $660,000. Recent years have seen a decline in foot traffic since the closure of Subiaco Oval in 2017, but new developments are revitalizing the area. The suburb features a mix of eclectic architecture, parks, and a lively entertainment scene with numerous bars and restaurants. Key attractions include Subiaco Common, Mueller Park, and the historic Regal Theatre. The area is well-connected by public transport, with easy access to Perth's CBD. Subiaco has a high percentage of apartments, with 39% of households being single-person. The housing market remains competitive, with homes selling quickly—averaging just nine days on the market. The median house price has increased by 12.8% over the past year.