05/01/2024 | News release | Distributed by Public on 04/30/2024 22:00
The Perth residential real estate has been moving quickly post covid with significant growth experienced over the past 12 to 18 months, after an extended number of years of stagnant growth post the Mining Boom. The real key to the Perth market has been significant migration in the owner-occupier sector and affordability in comparison to the East Coast capital cities, with investors moving back into Perth in significant numbers.
Some key highlights about Perth from the latest PropTrack Home Price Index are as follows:
The most recent Real Estate Institute of Western Australia (REIWA) Perth market insights market snapshot is below. This snapshot shows how tight the market is in Perth.
Highlights of this snapshot are:
Mike Henderson
- Brisbane Property Valuers
CPV