So every property in Perth fell 1.7% in May. Try telling that to the people who sold units in Highgate, Mt Lawley, Houses in Rockingham, Hamy Hill, Coolbelup etc.. The median is a reflection of what is selling. Last Landgate data showed 50% of activity was in the $200,000 to $500,000 bracket. Has the number of listings gone up, no , have buyers stopped no. Five speed real estate market with people buying up the real cheapies. $800,000 + dead . Cannot see how the bears can be so happy, the bracket they are looking to buy into is going the best, If you are looking to buy into $1m + then you should be very happy. PS Nata it is beautiful in Phuket 30 deg troppo rain Those rents collected in Aus dollars go a long way over here.
