WEEKEND WEST
The vacant land market figures in UDIA's June 2017 Quarterly Index showed a moderate increase in the average price of land in the Perth and Peel region.
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STOCK LEVELS HAVE DECLINED BY A THIRD, SALES ARE AT SIX-YEAR HIGHS; THIS WILL INEVITABLY PUT UPWARD PRESSURE ON PRICES. Six months ago, I mentioned that the fundamentals had shifted dramatically in favour of new dwellings and this would translate into further increases in land sales and eventually construction. Land sales in Perth subsequently increased […]
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FIRST HOME BUYERS ARE INCREASINGLY SEEKING FAMILY SUPPORT TO PURCHASE THEIR FIRST PROPERTY According to the latest RP Data-Rismark Index, Perth apartment values rose by a significant 5.3 per cent in the space of a month to a median of $420,000. This price gain for March was more than seven times the 0.7 per cent […]
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