SINCE 1997

Latest Houses In Perth News

Buyer competition heating up in SA, WA

Property markets in Adelaide and Perth are moving into overdrive, with competition among buyers getting fierce as homes sell swiftly and rental vacancies plunge.

Adelaide Skyline
Interest in Adelaide is on the rise, with a sellers market emerging amid hot competition for properties. Photo: Shutterstock

Property markets in Adelaide and Perth are moving into overdrive, with competition among buyers getting fierce as homes sell swiftly and rental vacancies plunge.

In the South Australian capital, a shortness of stock and increasing interest from buyers has resulted in an uptick in activity, with home opens well attended, properties attracting multiple offers and many houses selling above their listing price.

Harcourts Packham principal James Pac…