Perth median house price hits $800,000 for the 1st time Perth’s property prices continue to show a strong rebound, driven by falling interest rates and a decline in the supply of established properties for sale. This week’s newsletter reviews the latest property data indicating that Perth is trending back towards the demand and supply…
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Perth prices up 14% for 2024 While returning after a few weeks’ leave is fantastic, Perth’s real estate market has certainly not taken a vacation. Since our last newsletter three weeks ago, prices have increased by 0.56%, 0.87%, and 0.43% and are up nearly 14% for the year and 31% since the beginning of 2023.…
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Perth prices up nearly 28% over the last 18 months Perth’s property price growth rolled on last week and appears to be more consistent with each week that passes. Perth recorded a 0.44% increase last week, the same as the week before, and both were very close to the 0.46% weekly average this year. The…
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Stock levels decline to lowest on record Perth’s property price boom keeps rolling on. Prices increased by 0.44% last week, almost precisely our 2024 average of 0.46%. This week’s growth compounds the consistency over the past five months, as illustrated in the following chart. The consistency in weekly price growth is replicated in the…
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Perth median house price hit $704,000 in March The Perth property price boom momentum is still gathering pace. Over the past two weeks, Perth property prices increased by 0.6% and nearly 0.5%, respectively, meaning prices increased by more than 1% over the past fortnight. Property values have been rising at an average of 0.45% each…
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Stock levels drop to new lows! Perth property prices continue to demonstrate strong growth leading into Christmas. This week, prices increased by just less than 0.5% and are now up nearly 14.5% for the year, as illustrated in the chart below. We can see the rate of growth increasing over the past three months. …
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