Monthly Archives: November 2020

Perth’s rental boom underpins bright property market outlook

September quarter rental market data delivered a vacancy rate of 0.9% against 2% vacancy at the end of June, and 2.5% a year ago. On 1 November, there were 2,784 properties listed for rent compared to 5,904 on the same date in 2019 – less than half the number of properties available.

Property market turns a corner in October

The property market has turned a corner since the advent of COVID-19 with prices increasing nationally for the first time in five months, by 0.4 per cent in October, with Melbourne the only capital city to record a fall in values.