"Relief for home buyers": Perth house prices most affordable in Australia
Real estate in Perth is at its most affordable on record, as falling prices give first home buyers their best chance of stepping onto the property ladder, according to the Housing Industry Association (HIA).
The latest ABS data shows that nearly 50,000 new jobs were created in Western Australia in December, cutting unemployment by 0.9 per centage points to 5.7 per cent.
Shane Kempton, Chief Operations Officer for Professionals in Western Australia and the Northern Territory says there has been a significant increase in the number of properties for sale on main roads in Perth over the past two years.
A significant fall in the number of properties listed for sale in Perth suggests the market could be recovering, says Shane Kempton, Chief Operations Officer of Professionals Real Estate Group.