Property Market Update!
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The market in Perth is showing some very strong growth potential, with demand on the rise!
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The median house price in Perth is still declining and that means with the increasing demand, we are at the optimum time for buyers!
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With employment prospects in the local market improving significantly, the rub off in the property market will surely follow and as a result, prices should start to rise in the second half of 2018, on in to early 2019!
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The inner Western suburbs lead the established property market. If you're looking to build, you might find land hard to locate in these areas and definitely not on the cheap side. The ripple effect will spread out to the outer suburbs and property prices across the metro area will rise.