Perth property booming but not all property types are equal
The Perth property market appears to outsiders as a sure-fire investment win but some property types are increasingly selling at a loss.
Villas and townhouses may be a better investment option than apartments in Perth. (Image source: Shutterstock.com)
The residential housing market in Perth is seeing some of the strongest growth conditions in nearly a decade
, with property values climbing 21.1 per cent for the year to April 2024, according to the latest CoreLogic data.Over 90 per cent of resales in Perth made a gain in the December quarter, with less than 10 per cent of resales trading at a loss from their previous transaction. It was also the highest rate of profit-making sales in just over…
