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
WA’s resources sector key driver in Australia’s economy
It is good news for Australia’s economy with the mining sector set to re-establish itself as a key driver...
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...
FEDERAL TREASURER THANKFUL TO WA’S RESOURCES SECTOR
WA’s resources sector is continuing to provide a bright spot for Australia’s economic data as it is once again...
A SAFE AS HOUSES PERTH MARKET BRINGING BACK THE INVESTORS
March has seen lending for housing investments in WA surge to a whopping $462 million continuing its five-year high...
COMO IN THE SPOTLIGHT
South of Perth and bordered by the iconic Swan River, Como is a well established area offering residents...
New home sales figures on the rise
A second consecutive month of increased new homes sales has given a big confidence boost to Australia’s property sector with...
Clearing the way for Reside on Money
It has been an action packed week on Money Street, with an excavator on site demolishing the old house...
THE REVIVAL OF THE HOUSING MARKET
The uncertain COVID-19 induced housing correction may be coming to an end for all cities except Melbourne and potentially...
WA leading the nation’s post virus spending
Western Australia continues to lead the nation in the COVID-19 economic recovery with the strongest spending across the country...
New in the neighbourhood
I spy with my little eye, something beginning with … COFFEE. That’s right, your daily ritual is now in...