Perth Housing Boom Continues
Key Questions
Why is the Perth housing market booming?
Supply is lagging behind migration-driven demand, causing homes to sell in just 9 days and values to double since 2020, with 10-12% growth forecast.
What is the current state of the rental market in Australia?
National rental vacancy is at 1.6%, contributing to tightness, especially for expat renters and buyers in Perth.
Which areas in Perth are seeing high activity?
North suburbs are active, with Beaucott Property listings starting from $599k, reflecting strong demand in mid-tier capitals like Perth.
How might policy changes affect investors?
Tweaks to CGT and negative gearing could deter 61% of investors, further tightening the market for renters and buyers.
Are property prices still rising despite rate fears?
Yes, new data shows house prices growing in 70% of Australian suburbs, including Perth, amid ongoing demand pressures.
Supply lags migration-driven demand; homes sell in 9 days, values doubled since 2020, 10-12% growth forecast. Rental vacancy at 1.6% nationally; north suburbs active (Beaucott listings from $599k+); CGT/negative gearing tweaks may deter 61% investors, tightening for expat renters/buyers.