More than 17 per cent of homes sold in regional Western Australia in the first three months of the year were sold at a loss, according to research released today.
Commercial real estate agency Colliers International is tipping strong demand to continue for Perth assets in the coming financial year, after recording nearly $100 million in transactions since March
Lack of supply of large, well-located office and retail assets in Perth’s commercial property market has resulted in the total value of sales falling to less than half of what they were 12 months ago.
Perth has overtaken Sydney to record the most expensive residential land value per square metre of all major capital cities, fuelling concerns that land supply is not keeping up with market demand.
Perth house prices have been confirmed as the fastest rising in Australia despite the widespread slowdown across the state’s resources sector, according to official figures released by the Australian
Business News video update for Friday July 26. Shanna Crispin reports. Kevin Rudd visits WA. Rental growth outperforms home values. Kalgoorlie Mining Company takeover nears completion and more.
Rental growth for Perth housing outstripped gains in home values by a whopping 45.5 percentage points over the past six years, according to new research released today.
There are more than 75 suburbs in Western Australia, primarily in mining regions, where it is cheaper to buy a house than pay rent, a report released today says.
