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
Melbourne property market battered but still standing
Property investors are shocked to see Melbourne’s property market standing tall after COVID-19’s most recent hit, however with an...
PERTH RENTAL MARKET UPDATE
Perth’s rental market remains incredibly competitive as we enter the second quarter of 2022.
WA $1.2 BILLION BUDGET SURPLUS
WA is on track to deliver a $1.2 billion surplus this financial year following the windfall of iron ore...
WA IS SAILING THROUGH THE ECONOMIC STORM
The State Governments hard border closure, the ongoing strength in the mining sector and the states low reliance on...
Employment rate rising indicating economic recovery
The first signs of an economic recovery have surfaced with the Tax Office payroll data showing approximately 124,000 jobs...
WA land sales hit highest mark since 2009 boom
Land sales have hit their highest point since the mining construction boom in 2009 according to recent data collected...
Investors embracing Perth’s potential growth
More than 60% of investors believe that Perth has the highest growth potential of any market in Australia over...
October News Highlights
October News Highlights Perth Rental Squeeze Perth suburbs are experiencing a dramatic drop in rental vacancy rates, with...
Survey reveals WA’s resilience
“West Australian property industry participants are the most buoyant in the country about the impact of the Federal Government’s...
Export dividends to rejuvenate WA’s economy
Great news for WA as US based energy giant Chevron finally sealed its position as a long-term powerhouse in...