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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The southern suburbs of Perth have experienced notable growth, with property values rising by an average of 19.93% annually. This upward trend is anticipated to persist, especially with various infrastructural and community developments planned for the next five years, potentially attracting an additional 15,000 residents to the area. Residential Developments There will be new housing…
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