Pints. The WA market is NOT ONE MARKET and has not been for last 3 years. If you get your info from Kochie or mates of mates then good on you. The number of properties listed for sale is approx 10,500 which is way down on the average. The median price as reflected in RP etc has flatlined. But try buying a house for $400k - $500k and see what happens. The affordable houses particularly in the Southern Corridor are selling well. Inner city units are in massive oversupply and vacancy rates of over 6% are skewing the whole outlook. The top end is flat or still falling depending on suburb, type of house etc.
Forged is correct to say the market is all over the place. The Perth market has returned to normal, this is what property is all about. Pick the suburb, pick the house, do the sums, avoid the hype.
