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A record grain harvest in Western Australia could boost the Perth property market, says Shane Kempton, CEO of Professionals.
Darwin's property market has performed the best out of all eight capital city markets across the fifteen years since the turn of the century.
Rents recorded an unprecedented 0.6% fall in the year to 30 June according to CoreLogic, driven mainly by steep falls in the commodity-reliant cities of Darwin and Perth.
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Though construction work overall around the country eased, residential construction in the March quarter rose 1.5% to a record high.
New home construction filled the economic hole left by the mining slowdown.
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