Perth's boom to end unless one significant factor changes
Perth's property market has been the head-and-shoulders standout nationally for the past year or more but investors expecting that to continue will need to keep an eye on one particular aspect of the city's economy.
Perth has experienced strong population growth that has helped drive property prices higher. (Image source: Shutterstock.com)
Much of Perth’s stellar capital growth has come as the city plays post-pandemic catch up, having not enjoyed the same level of advancement as other markets around the country.
But what will support a continuation of the skyrocketing prices is still delivering?
The latest CoreLogic home value index
indicates prices in Perth have risen 24.4 per cent in the 12 months to the start of October, significantly more than Sydney’s 4.5 per cent, Adelaide’…
