Perth outer suburbs deliver price growth, inner suburbs the rent hikes
Soaring inner suburban rents are not translating into capital growth, with Perth's outer areas the ones selling at record speed and continuing to deliver strong capital growth.
Suburbs close to the Perth CBD are seeing rents soar but median property prices remain largely unmoved. (Image source: Shutterstock.com)
Rents are booming in Perth’s affluent western suburbs but it’s the affordable outer areas that are generating the greatest capital growth this year.
A lack of supply is limiting the amount of possible sales in areas close to the CBD and between the city and the beach but is also driving rents up at a stratospheric pace.
Yet it is the outer suburbs that for a year have dominated as the suburbs delivering price growth, a trend that has continued …
