Situated 7km from the Perth GPO.
The area now comprising the suburb of Applecross was originally part of Swan Location 61 assigned to Lionel Lukin on the 28th May 1830. The land was finally acquired by Sir Alexander Percival Matheson in February 1896. Matheson, a Scot, formed the Western Australian Investment Company Limited and instigated the subdivision of the area, giving it the name of Applecross after a small fishing village on the North west coast of Scotland.
Applecross has to be the most prestigious suburb on the southern bank of the Swan River - being both a peninsula and quite elevated, it provides many areas with views to the river and the city of Perth.
Typical block sizes are around the 1000sqm mark and there are many multi-million dollar homes in the suburb. Set slightly back from the riverfront, there are quiet tree-lined avenues with a combination of character single-storey and redeveloped two-storey houses. There are very few units or villas in the suburb.
The nearby Canning Highway provides easy access by car or bus to the Perth CBD and Fremantle.
Local Council: City of Melville
Statistics
Median Price - Applecross - " $1,152,000 "
1 year growth - Applecross - " -28.0% "
5 year growth - Applecross - " +8.9% "
Median Price - Perth Metro - " $430,000 "
1 year growth - Perth Metro - " -7.1% "
5 year growth - Perth Metro - " +12.8% "