Perth Real Estate Forecast For Next Five Years. The good news for the rental market is that abs statistics show an increase in investor lending in may, up 10% over april, and a massive 209% higher than may last year. Whilst rents have increased over the year;
They are still $25 cheaper than the peak in 2013/14. Perth house prices will rise a further 10 per cent in 2022, according to reiwa’s latest figures, which show western australia’s strong property market is set to continue. Investors that acted on the information we shared back in 2019, would have put themselves in a great position to make.
Five graphs that show what’s next for the property market Investors
While the median national house price now sits at $674,848, perth’s median house price remains below that average at $548,589 according to corelogic. Perths’s dwelling values as of october 2021. “despite the strong price growth recorded in 2021, wa is still the most affordable state in the country for housing. Although property price growth is enjoying a healthy uptick, western australia remains the.