Perth Housing Market Update [video] | December 2020

Perth’s housing market notched up a fourth straight month of rising home values, taking the market 2% higher since finding a floor in July following a 2.2% drop in values the COVID-related downturn.

Despite the recent growth, local values remain slightly below their pre-COVID highs and are almost 21% below their 2014 peak.

Both house and unit values have been trending higher over recent months, while from a geographical perspective the strongest conditions over the past three months have been across some of the most affordable markets, with Kwinana values up 6.8% and Wanneroo, where values are up 4.7%.

Dwelling WaluesP1

You may also want to read:

National Housing Market Update [Video]

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Tim Lawless

About

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


'Perth Housing Market Update [video] | December 2020' have 1 comment

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    October 18, 2019 Frontline

    Invest in real estate for your child’s future

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