Perth Housing Upswing Continues
According to a recent report, CoreLogic’s research director, Tim Lawless, identified Perth as a stand out from other capital cities for a consistently swift rate of capital gains. “Perth home values rose a further 1.6% in January, on par with the city’s growth trend in November and December and only slightly lower than the recent high of 1.8% recorded in October. The western capital continues to see housing demand outweigh supply, helping to push values 16.7% higher over the past 12 months. Despite that, housing prices remain relatively affordable compared with most capital cities, with the median dwelling value sitting just under $677,000.”
It’s little wonder that Perth dominated PropTrack’s list of top-performing suburbs in Australia for 2023. A whopping nine out of the ten top spots were in WA.
With active listings remaining at near record lows and recent REIWA research showing a rise in interest in the Perth property market from viewers from the Eastern States, housing values will only continue to increase.
Source: CoreLogic
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Property Spotlight Over 40% of the properties the team at Resolve Property Solutions secured throughout January were either pre or off market. Here’s a small sample of the properties purchased during the month: |
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What’s Happening In The Perth Property Market?
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In the past twelve months alone, we’ve helped over 120 clients close deals in high growth, high cashflow locations, while taking care of all the paperwork and dealing with the agents so you don’t have to. What’s more, we’ve saved them thousands through our intimate market knowledge, vast off market referrer network, decades of experience in development, planning, investing and our ‘in the trenches’ up to the minute live pricing models. You may feel you’re already a good researcher, negotiator and deal finder and you probably are – for your level of experience. However the reality is – we’ve closed over 120 deals in the past year, developed a vast network of referrers over the past two decades, and built a team of full time researchers, deal finders and relationship builders to ensure that if anything happens in the Perth property market – we know about it….first! Maximise your options by accessing off market deals, giving you more properties to choose from, save time and avoid all the hassle, as we take care of all of the inspections, research and negotiations for you. If you’re ready to enjoy the same success as our clients, please book your complimentary vision analysis session today! |
