How can I speak with Capital Property Advisory?
You can request a complimentary consultation with a CPA adviser to discuss your property goals and next steps.
CAPITAL PROPERTY ADVISORY | NATIONAL BUYER'S AGENCY
Have investors missed the boat in Perth?
Have investors missed the boat in Perth? 29 August 2024 Matthew Hughes Written by Matthew Hughes Have investors missed the boat in Perth? This is a question I am being asked more frequently lately, so I thought I would address it in this month’s market update… National Market Update Post-pandemic, the national property market has experienced a period of strong growth, driven by low interest rates, a strong economy, an increased demand for housing, and a lack of construction activity across all states and territories. More recently though, this rate of growth has slowed considerably. According to CoreLogic, the national median house price has risen 7.6% over the past 12 months, with Sydney slowing to 0.3% in July and Melbourne falling into negative territory, down 0.4% in the same month. As always, the national market is comprised of markets within markets, and some continue to outperform – Perth and Adelaide have continued their blistering pace of growth, while Brisbane’s solid pace of growth has finally begun to show signs of tempering. As the national landscape continues to evolve, savvy investors have continued their love affair with Perth, along with a smaller group still conte
Written by Matthew Hughes Have investors missed the boat in Perth? This is a question… Read Article