The Property Tribune

The Western Australian property market has been incredibly resilient this year, with demand remaining strong according to a new report.

The Western Australian Market: Data & Insights Report presented by, for UDIA WA, found that median prices increased for apartments and houses across the board in Perth and Peel as well as in most regional areas.

REA Group Group Executive Director of Economic Research Cameron Kusher said that WA experienced one of the fastest price growth phases in the state’s history between 2020 and 2021.

“While that growth has moderated due to current market headwinds, prices in WA have shown remarkable resilience and actually recovered ground in 2023,” said Kusher.

To read the article in full, including comments from UDIA WA CEO Tanya Steinbeck click here.