Perth houses prices, rental markets set records
The just completed financial year has delivered record price levels for Perth house prices, although the unit market took a backward step.
Interstate investors are starting to look towards Perth's relatively affordable and growing property market. (Image source: Shutterstock.com)
The 2022-23 financial year was a year of new milestones for the Perth property market.
“Despite multiple interest rate rises, 2022-23 saw house prices rise with new records set for the time to sell a property, the rental vacancy rate and rent prices,” REIWA CEO Cath Hart said.
“Resilience was the key theme for the WA property market in 2022-23, with Perth emerging as the only capital city to record moderate price growth over the financial year…
