Prices are predicted to go through the roof in some of Perth’s most tightly held neighbourhoods.
When the tenant was issued with an eviction notice,he hoped to use it as a chance to spark debate about tenants’ rights. What followed was a media maelstrom.
Rents are much higher than pre-COVID,but there are signs renters are reaching a limit of how much they can afford to pay.
Suburbs on Perth’s ever-expanding outer fringe feature heavily on a national list of the riskiest postcodes to invest. Investors are warned to avoid them.
The chief economist for the nation’s peak residential building body predicts Perth’s average property price could surpass Queensland’s within three years.
It went for $100,000 more than the asking price that made it Perth’s cheapest standalone property – but even the inflated price is well below the “new normal”.
House sellers have been able to bank windfall gains,but everyone else risks being left behind as the property market soars out of reach.
Downsizers won the keys to a Lane Cove five-bedder with a studio,set in a private location next to bushland yet close to the city.
Five parties competed,and the winners were a duo who had missed a string of opportunities elsewhere and decided to change tack.
Who built it best? Chris Hemsworth and media mogul Antony Catalano go head-to-head in the Byron Bay trophy home stakes.
Days on market have blown out to nearly two months in some areas,while other homes are whisked off the market within weeks.