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Perth braces for major property boom

A perfect storm of lower interest rates, housing incentives and a $12 billion defence investment is set to supercharge Perth’s property market, with supply unlikely to keep up.

The Bell Tower, one of the main City of Perth landmarks in the CBD.
Perth property prices look set to rocket even further upwards. (Image source: Faithie/Shutterstock.com)

Western Australia’s property market is gearing up for a new wave of growth, with experts expecting to see prices pushed even higher before the year’s end.

Fuelled by a combination of anticipated interest rate declines, federal housing incentives and a $12 billion injection in defence spending, WA’s economy is facing a perfect storm for further price growth.

After several years of steady growth and record-low housing supply, analysts believe the…

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