What’s Up Perth | Market Update September 2018

What’s Up Perth | Market Update September 2018

Wow!  A 10% drop since 2014 is not fun news to hear, but the small green shoots of recovery are always welcome.

The latest data in from Core Logic/RPData is helpful guide, and the best news I believe for Como is this:

the inner city will enjoy a 3.3 per cent lift in house values this year and 4.1 per cent in 2019 after zero growth in 2017.”

Today in The West, the Housing Market headline reads:

“Perth property market suffers worst fall as inner-city and south-west suburbs tipped for revival”Thomas Jefferson Wedge

“The Perth property market has had its worst fall in prices but a report says inner-city and south-west suburbs are likely to improve quicker than the rest of the State.

CoreLogic’s outlook for the next two years predicts that a slow improvement in the overall economy and a small lift in population growth will stabilise the Perth real estate market.

House values have slipped by more than 10 per cent across the city since mid-2014, although some parts of Perth have been relatively unscathed.”

To read more from today’s article in The West, CLICK HERE:

 

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