Real estate in Perth, especially its southern suburbs, has always held its ground as a robust asset class. Experts forecast that Perth property values are expected to grow 30% between 2023 to 2027. Personally, I’ve seen and heard of numerous parents stepping in to help their children break into the property market. Without this support, a…
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The Top Public High Schools Near Canning Vale When it comes to settling down and planting roots, one of the most critical decisions for any family often revolves around education. As a local resident and a real estate consultant focused on Canning Vale and surrounding suburbs, I genuinely appreciate the concerns of parents when they’re…
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Perth rental vacancies drop to new low for 2023 Property prices in Perth continue to respond to the current undersupply of housing, consistently high level of demand, population growth and robust employment, with prices rising by nearly 0.2% again this week. Our “Perth Property Price Growth 2023” chart reveals that prices are up almost 5%…
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Inflation drops to 6% This week’s big economic news was the release of the June quarterly and monthly inflation results. The quarterly results have been largely considered an inflection point where the Reserve Bank of Australia (RBA) would keep raising interest rates if inflation did not drop significantly. Alternatively, if inflation were down, the RBA…
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WA’s population growing at 2.3% annually This week we have a lot of important data to review, including the latest population and employment figures from the Australian Bureau of Statistics (ABS), which are major drivers of property prices. We always lament that it takes the Australian Bureau of Statistics (ABS) six months to release the…
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RBA increases cash rate to 3.85% This week’s big news was the Reserve Bank of Australia’s (RBA) decision to increase the cash rate from 3.6% to 3.85%. The following chart clearly shows that this cycle of interest rate rises is the most significant since the early 1990s. The RBA has got itself in a real…
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