Perth top 10 suburbs eclipse 30 per cent growth, as investors dig deeper for value
Perth property prices are soaring but investors are contending with the high prices by searching out smaller properties such as villas and select hotspot suburbs.
Median unit prices in Burswood have risen from below $460,000 at its ebb in early 2020 to almost $670,000 today. (Image source: EL&EL Group)
Perth’s red hot property market has many feeling as if they’ve missed a generational period of price growth.
East Coast buyers agents are overinflating price tags for eager eastern states buyers, first home buyers desperate to escape the nation’s most stressed rental market are pushing prices at the lower end of the market through the roof, and villas, flats and townhouses are being embraced like never before.
In a rapidly rising market it can …
