Perth suburbs bucking the trend in low house sales
While Perth house sales declined last month, 31 suburbs bucked the trend to record more sales in June than they did in May, according to data from the Real Estate Institute of Western Australia (REIWA).
The REIWA is proposing the WA state government reintroduce a $3,000 first-home owners grant for purchases of established homes, says Hayden Groves, president of the REIWA.
Perth leasing activity jumped 32 per cent in May, after the Easter and ANZAC Day holidays slowed down the market in April, says Hayden Groves, president of the REIWA.
Cutting out luxuries will only scratch the surface for those trying to get a foothold in the Sydney property market. It is time to look to the outskirts of Sydney, or even Perth, says James Nihill of Patrick Leo.
First-home buyers from the eastern states should consider an investment property in Perth, says Paul Curran, principal of Raine & Horne Rockingham Beach.
This historic warehouse conversion, designed by Scanlan Architects, has city views and spans an entire floor on King Street in Perth's CBD. It is for sale by Richard Mathlin and Callum Davidson of Knight Frank.
As Perth market stabilises, where are the most affordable suburbs?
As Perth's property market stabilises after some tough years in the wake of the downturn in the mining sector, we take a look at where the best value lies in the nation's western capital.