Market Poised for highest growth since 2007!

Perth still most affordable Capital City
 
The exceptional  rate of property transactions over the past month not only in the Perth Hills but also in the metro area in general is clear evidence that the Western Australian market is poised for its most significant growth since 2007!

151 Tanner Road, Carmel

Here at RRE we have seen the  buyer enquiry rate almost triple from the previous month with many buyers bidding for the same property. Furthermore, our office transacted 2 properties in excess of  the $1million  mark with one in excess of $1.8million! Again further evidence the market is poised for substantial growth.

 
The confidence behind the recent mining surge and subsequent jobs created is certainly a  driving factor behind the current market increase, however as the below graph demonstrates, Perth still remains the countries most affordable city.