JULY MARKET UPDATE

What' s happening in the Perth Property Market

After several years of double-digit growth, the Perth property market is starting to move to a more balance state. This is being demonstrated by over 6700 properties on market.

Rental supply remains constrained with approximately 2100 properties on market, this is down from approximately 2300 properties for the same week last year. This tight supply level has allowed weekly rents to remain strong.

While the pace of grown may be moderating, Perth's property market remains resilient, with conditions continuing to vary significantly from suburb to suburb.

This month we share;

  1. Perth Sales Market Update
  2. Rental Market Statistics
  3. From Renting to Owning; How to Financially Prepare
  4. List in Late Winter, Close in Spring; Building a Selling Timeline That Works
  5. Survey reveals four strategies to retain the best tenants.

Please do not hesitate to contact us if you have any questions. Thank you.

 

 

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