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Perth land now most expensive in Australia

Land in Perth is now the most expensive in the nation, or so it’s claimed by a report released by the Housing Industry Association and RP Data. According to the WA Today: The price of land in the Perth metro area at the end of last year was $521 a square metre, up $73 on …

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Perth property tops hit list – report

Perth property holds the best future growth prospects according to a Wakelin Property Advisory report. The report, Outlook for residential property market, claims that Perth, along with Melbourne, is set to lead the way in investment returns over the coming year. Perth is in the midst of a resources boom led by “…China’s stockpiling of …

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Property prices peak but still no boom – REIWA

Despite record property prices we’re still not in a boom says REIWA President, Alan Bourke. Speaking to Perth Now, Mr Bourke claimed that the current surge in property prices is part of “…an enormous…correction that has to happen…in order to get back to the 2007 prices.” REIWA’s preliminary data for the December quarter shows median …

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Perth’s most prized suburbs | Perth Now

CANNING Vale was in demand in 2009, with more houses sold in that suburb than any other, but Guildford delivered the biggest median house price rise. Landgate Valuation Services’ figures show Canning Vale was way out in front with 506 houses sold, ahead of Thornlie with 340 and Ellenbrook with 330. Real Estate Institute of …

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