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
Adelaide’s property market needs to be acknowledged
Terry Ryder the founder of hotspotting.com.au. believes Adelaide’s property market is one of the best locations to consider when...
WA’S HARD BORDER HAS KEPT THE NATION GOING
WA was the only economy to see any growth for the last financial year with a 1.1% rise meaning...
Dorado oil field set to boost WA’s oil and gas industry
A new oil field discovery brings great news to WA’s oil and gas industry Carnarvon Petroleum’s Dorado oil field...
Australia Paving the way to economic recovery
Australia is paving the way for the world out of the COVID-19 induced recession, however the Organisation for Economic...
Investors swoop on Perth property market
Investors are flocking in to Perth to take advantage of the weakened property market as low interest rates and...
PROJECT UPDATE // Loft Haus
Did someone say demolition! The Griffin team are very excited to see that earlier this month demolition started and...
2019 – the year that won’t be missed by the Property Market
Although some may be sad to say goodbye to 2019, WA’s property market says good riddance after a sluggish...
WA rise despite pandemic fears
Despite COVID-19 induced worries the WA property market is in a better position than many expected as sale transactions...
Potential USA trade deal to create 6,000 jobs
A potential trade agreement with the US for Australia’s natural resources would create significant economic benefits for our economy....
WA outlook improving
Commsec’s chief economist, Craig James recently voiced his belief that a rise in retail spending, population growth and an...