Julian Khursigara
Search Party Property
BRISBANE, QLD+1
Perth · Southern Suburbs
Applecross is a prestigious and affluent riverside suburb known for its jacaranda-lined streets, which create a vibrant purple canopy in spring. It blends natural beauty with urban sophistication, offering a tranquil yet connected lifestyle defined by its extensive Swan River foreshore, grand homes, and established, leafy parks. The atmosphere is one of quiet elegance, attracting families and professionals who value community, outdoor recreation, and proximity to the city.
Last reviewed 14 May 2026
Market snapshot
Estimate, not an official figure · May 2026
Median house
$2.05M - $2.75M
Mid-band $2.4Mspread 29%
Median unit
$925,000 - $1.25M
Mid-band $1.09Mspread 30%
Rental yield
1.7% to 2.7%
Gross yield on house stock. Premium suburbs compress.
Who buys here
Established professionals · Families seeking top school catchments · Downsizers seeking riverside apartments
Price growth for Applecross is not shown. We have no official sales figures for this suburb to measure it from.
Market analysis
Figures in this analysis are estimates an AI research tool gathered from public websites in May 2026, not official records.
The Applecross property market is one of Perth's most resilient and prestigious, characterized by high capital values and consistently strong demand.
Demand is driven by the suburb's strong socioeconomic profile, with high household incomes supporting price stability.
Despite the high entry price, the rental market is stable. The rental yield for houses is a modest 2.2%, while units offer a healthier return at around 4.1%.
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Why a buyers agent
Navigating the Applecross property market requires more than just access to listings; it demands intricate local knowledge. This is a suburb of nuanced value, where proximity to the river, a specific street's reputation, or inclusion in the Applecross Senior High School catchment can dramatically influence price. An experienced buyer's agent understands the unofficial hierarchies of the 'Jacaranda Avenues' versus the quieter cul-de-sacs, and can identify value in properties that may be overlooked. In a market this competitive, a local specialist is essential to secure the right property at the right price.
With its stunning Swan River frontage, extensive foreshore parks, and the South of Perth Yacht Club, Applecross offers an unparalleled lifestyle focused on outdoor and water-based recreation in a beautiful, serene setting.
The suburb is a major drawcard for families due to its access to some of Perth's most highly regarded schools, including Applecross Senior High School, which is renowned for its academic and specialist arts programs.
As one of Perth's most affluent and tightly held suburbs, property in Applecross is considered a secure, long-term investment.
Located just 7km from the CBD, Applecross offers excellent connectivity via the Canning Bridge train station and major arterial roads, providing swift access to the city, Fremantle, and beyond without sacrificing its peaceful, suburban feel.
The charming Applecross Village and Ardross Street precincts provide a strong sense of community with their boutique shops, lively cafes, and quality local amenities, all within walking distance for many residents.
Compare
| Metric | This suburbApplecross | NearbyMount Pleasant | NearbySouth Perth |
|---|---|---|---|
| Median house | $2.05M - $2.75M | $1.90M - $2.55M | $2.00M - $2.70M |
| Median unit | $925,000 - $1.25M | $950,000 - $1.30M | $750,000 - $1.00M |
| Rental yield | 1.7% to 2.7% | 2.2% to 3.2% | 1.9% to 2.9% |
| Postcode | 6153 | 6153 | 6151 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Nestled on the southern banks of the Swan River, just seven kilometres from the Perth CBD, Applecross is the epitome of affluent riverside living. Its character is defined by wide, leafy streets, most famously lined with jacaranda trees that create a stunning purple spectacle each spring, celebrated by the annual Jacaranda Festival. The suburb offers a sophisticated yet relaxed lifestyle, with a strong sense of community and an abundance of green space. The expansive foreshore is a major drawcard, with parks like Heathcote Reserve and Jeff Joseph Reserve providing walking and cycling paths, picnic spots, and breathtaking views of the city skyline.
Education is a cornerstone of the suburb's appeal, home to the highly sought-after Applecross Senior High School, known for its academic and arts programs, as well as Applecross Primary School and the private Catholic school, St Benedict's School. This makes it a magnet for families seeking a premium education for their children.
For transport, residents are well-connected. The nearby Canning Bridge Station provides a quick 7-minute train journey to the CBD on the Mandurah Line. Numerous bus routes, including high-frequency services along Canning Highway, offer direct access to the city and Fremantle. The suburb's main commercial and dining hubs are the charming Applecross Village and the Ardross Street cafe strip, which host a collection of boutique shops, cafes, and quality restaurants. The iconic Raffles Hotel, a local landmark, offers waterfront dining and socialising. With the prestigious South of Perth Yacht Club also within its boundaries, Applecross provides an unmatched lifestyle of convenience, recreation, and prestige.
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Editorial review: 14 May 2026.
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