Property Values and Growth According to the Australian Bureau of Statistics, Armadale’s property market continues to show strong growth, with the median house price now reaching $539,000, representing an impressive annual capital growth of 41.84%. Over the past 12 months, the suburb has recorded 524 house sales, with properties spending an average of just 10 […]
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According to REIWA’s quarterly update on the 2025 property market, Perth property prices are projected to rise by as much as 10 percent in 2025. REIWA CEO Cath Hart said, “Perth’s median house sale price recorded 24.2 per cent growth in 2024, with the median house sale price rising from $600,000 at the end of […]
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In November, the median time to sell a house in Perth rose to 13 days, compared to nine days for most of 2024. REIWA CEO Cath Hart mentioned that the increase in selling time reflects a rise in the number of homes for sale. “New listings are at their highest in three years, giving buyers […]
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Published by: Sanctuary Real Estate Published date: October 7, 2024 Perth’s property market has launched into its Spring selling season, with active listings increasing by 8.4% in September, reaching 3,952 by the end of September. Cath Hart, REIWA CEO noted that new listings had picked up compared to the months leading up to […]
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The property market in Perth is tight, and this is also seen in the surrounding regions. It follows a reasonably calm era during which price growth lagged behind the notable increases in other large cities, primarily Sydney and Melbourne.
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