Perth Market Update ---April 2025
Perth’s median house price increased 1.1 per cent in April to $775,000. This was 19.2 per cent higher than at the same time in 2024. The median unit price also increased, rising 1.7 per cent over the month to $525,000. This was 20.7 per cent higher than a year ago. REIWA President Suzanne Brown said while the median house price for the greater Perth region conti...
Common mistakes investors should avoid
Property investment can be a great way to set yourself up financially and has the possibility to reap many long-term financial benefits. Traditionally when we see rents increase, we also see investor activity increase, which is why if you’ve been thinking about property investment, now might be the time to do so. However, achieving success takes time and patienc...
Albany the fastest growing regional area in the state
Source: https://reiwa.com.au/news/albany-the-fastest-growing-regional-area-in-the-state/ Albany was the fastest growing local government area in the state by annual growth in net internal migration, according to the Regional Movers Index for the December 2024 quarter. It recorded a 200 per cent increase in net internal migration, with the majority of growth from city dw...
Active listings increase in Perth in March
Source: https://reiwa.com.au/news/active-listings-increase-in-perth-in-march/ Changing market conditions have seen the number of properties advertised for sale in Perth increase. Active listings* settled at 5,082 at the end of March. This was 4.8 per cent higher than at the end of February and 41.5 per cent higher than a year ago. REIWA President Suzanne Brown ...