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
Perth house price growth triples nation
Perth house price growth triples nation 2 March 2024 Matthew Hughes Source: Business News By: Claire Tyrrell The capital continues to outpace the rest of Australia, posting a 1.8 per cent increase in home values in January and an 18 per cent rise in the past 12 months. Perth has continued to dominate the country in house price growth, with a 1.8 per cent uptick in dwelling values in January, three times that of the national average. CoreLogic’s latest home value index shows Perth’s median values grew to a new peak of $687,004 last month, up from $676,823 in December. Nationwide, home values grew by 0.6 per cent to a $765,762 median, according to the index. In the 12 months to January 31, Perth’s home values have grown by 18.3 per cent, the highest in the country and well above the national average of 8.9 per cent. The city is nearing Adelaide’s median values, which were $727,142 in January. Industry experts say Perth is usually on par with Brisbane, which has a median dwelling price of $805,593. Sydney continues to be the highest priced capital, with a $1.13 median value, followed by Brisbane. Hobart was the only state that had a decline in its home values, with a 0.3 per cent drop
Source: Business News By: Claire Tyrrell The capital continues to outpace the rest of… Read Article