Perth Housing Market Update [Video] – December2016

Perth finished November as the weakest performing capital city with a results of -1.1%.

On an annual basis, every capital city except for Perth is now showing a positive annual trend in dwelling value growth.


Perth city skyline at night

Perth values are 6.9% higher since the cycle commenced in June 2012, while Darwin values are 13.8% higher over this period.

The downturn has been entered across the Perth housing market since December 2014, took a pause in November with Perth recording 0.6% rise in values over the month.

The trend remains weak, however, with Perth’s dwelling values down 1.1 percent for the quarter and 3.4% percent lower for the year the silver lining around, the decline in Perth dwelling values is an improvement in affordability.

You may also be interested in reading:

Adelaide Housing Market Update [Video] – December 2016


Want more of this type of information?

Tim Lawless


Tim heads up the Core Logic RP Data research and analytics team, analysing real estate markets, demographics and economic trends across Australia. Visit

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