Sales Activity Increases 6% in the Week Ending 23rd May… 31/05/2017
At the time of writing this publication, Real Estate Institute of WA (REIWA) figures showed a 6% increase in sales from the previous weeks activity with 586 transactions being recorded.
At the same time, Perth’s median house price remained stable at $515,000 with 260 less properties available for purchase than at the same time last year (data correct as at 23rd May 2017).
28 Kobus Heights - Chevin Woods Estate, Roleystone - SOLD in 19 Days
With Sydney and Melbourne real estate prices continuing to skyrocket, the number of Eastern Seaboard investors looking to purchase in WA is noticeably on the increase.
28 Kobus Heights, Roleystone as pictured above is just one example of the well presented, well priced properties being ‘snapped up’ by savvy buyers.
As a result, it’s likely that as Eastern States buyers continue to flood the Perth market, prices will rise accordingly… There has never been a better time to buy.