I posted the housing stock figures for the Perth metro area by local authority last week (taken from RPData).
Of note, Mandurah was once the fastest growing region in Australia, take a look now. One can again buy a 3 x 2 for just on $200K!
A quick search of RPData reveals many suburbs are now back at 2006 prices already. What next, pre 2006 I suspect particularly in light of increasing defaults, a slowing economy (take a close look at the building industry and retail) and job uncertainty.
We could very well see another round of Government intervention (stimulation) to keep the merry-go-round turning? Watch this space.
Our residential building industry is slowing dramatically, take a look at the jobs advertised for building trades and speak to tradies they'll confirm this.
WC8
- Forums
- Property
- property stock for perth metro
property stock for perth metro , page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online