FOMO as Perth grapples with an acute housing crisis is forcing up property prices,off the back of strong population growth and construction challenges.
This government overcooked the property market with millions of stimulus dollars in 2020,leading hundreds of ordinary West Australians into a nightmare.
Just when you thought Perth’s property market couldn’t get any hotter,a trashed home abandoned by its owners has sold for a premium … with bonus bong included.
Buyers from Asia spent more than $5 billion purchasing real estate in Australia last year,but only 5 per cent of that investment was in Perth.
From a Mediterranean-inspired design to a Parisian-style manor,we’ve rounded up our pick of the bunch.
We’ve rounded up our pick of the bunch,from the river to the coast,from in-home elevators to jet-ignited pools.
The market is rising thanks to plummeting listings as well as a high proportion of investors naming Perth over Sydney and Melbourne as the best place to buy.
With more than 80 rooms,this “eastern wonder of the southern hemisphere” promises to be a steal,with estimates it will go at a sliver of the building price.
There are nearly 2000 homes approved in Perth that have not yet been started,which experts say is an abnormal lag – but there are signs the backlog may soon ease.
There are 350 suburbs in the Perth metropolitan area – and 25 per cent have fewer than 10 properties listed for sale.
There are just 617 blocks of land for sale in Perth,the lowest number since 2006.