Perth’s leading property experts believe astute investors are sitting on a golden opportunity, as the State grapples with a rental crisis that shows no signs of slowing down.
It’s been three weeks since the opening of WA’s border and the property industry is keenly monitoring market movement for indicators of what is to come.
February 5 has come and gone and WA’s hard border remains firmly in place. With uncertainty surrounding an opening date, what will this mean for the Perth property market?
Data from CoreLogic shows that Perth home values have risen 18.1 per cent in the past year. The median value of a home in Perth is now $524,589, making it the most affordable city in Australia.
