Broad range of Perth suburbs record median price hikes
Expert claims that Perth property currently represents the best value in the country. A competing mix of positive and negative market indicators will ultimately determine whether the market improves and how quickly.
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After nearly a decade of stagnating or falling, green shoots are appearing in the Perth property market.
Several property forecasters have set out predictions that suggest the market has likely reached its nadir, with modest price growth expected in 2020.
The latest sales figures from Western Australia’s peak body for real estate in the state, REIWA, show a 16 per cent increase over the previous month’s data.
The top end of the market in Perth…
