Perth’s property market set for strong rebound
June 3, 2020
Perth’s property market is sitting well for a strong rebound thanks to continued price growth, tightening supply and an early rebound in sales transactions according to property investment company as well as CoreLogic’s recorded six consecutive months of price growth.
“With the relative affordability of Perth following the recent downturn, we are seeing some great opportunities for owner-occupiers to take advantage of these market conditions to upgrade their existing dwelling and trade-up into their suburb of choice,” said Momentum Wealth Residential Investment Committee Chair, Emma Everett.
This is a brief summary of the article ‘Steady rebound’ by Rhys Prka | The West Australian | Saturday May 23rd2020.
Read Our Other Articles
China to bring economic growth for Australia
Industry experts believe China is Australia’s best bet in leading the nation towards the path of economic stability and...
Interest rates and political elections driving Adelaide’s property market
According to a recent Herron Todd White residential report the South Australian property market is being driven by two...
Australia ranked #1 for purchasing power
Australia officially has the highest minimum wage according to the latest OECD real minimum wage rankings, the first time...
AUSTRALIA’S TIGHT RENTAL MARKET
Why are rental markets so tight right now and what’s likely to happen next? Whether in Brisbane, Adelaide, Canberra...
Opportunistic Hongkongers snap up property in Australia
Many deep-pocketed Hong Kong investors are preparing to pick up global properties on the cheap as major currencies are...
Scarborough Beach To Get Australia’s First Ever Trackless Tram
Sensational news for Perth as Australia’s first ever trackless trams are set to hit Scarborough Beach. This proposed $97...
WA commercial property sector pushing through COVID-19 gloom
Between the lines, a report released by Ray White on Thursday revealed that despite the uncertainties brought on pandemic,...
Population growth driving WA’s economy
WA’s economy is being powered by people as the state experiences positive population growth closing the gap between WA...
Australia standout performer from IMF’s bleak pandemic picture
The recession caused by the COVID-19 pandemic has caused a worldwide recession far deeper than expected but Australia is...
WA leading the way out of pandemic restrictions.
WA may be one of the first states in Australia to lead the nation smoothly out of the COVID-19...
