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Domain.com.au

Perth house prices are on track to rise faster than any other Australian capital city in 2021, thanks to a strong economy, a tight rental market and the state’s response to COVID-19, according to property experts.

Urban Development Institute of WA chief executive Tanya Steinbeck said Perth’s extremely tight rental market due to a lack of residential supply was likely to have an impact on the market in 2021, driving demand from investors and owner occupiers alike.

To read the story in full, including UDIA WA CEO Tanya Steinbeck’s comments, click here.

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