Adjusted for CPI (8.3% inflation 2008-2011) house prices in the...

  1. 166 Posts.
    Adjusted for CPI (8.3% inflation 2008-2011) house prices in the western suburbs in Perth have gone down by about 20%.

    Mt Claremont 17%
    Swanbourne 14%
    Mosman Park 24%
    Claremont 20%
    Cottesloe 19%

    The trend for 2012 is down in absolute terms (not to mention real terms). By the look of it Mosman Park will have lost about 1/3 in real terms by the end of the year.

    ...and now the mining boom is coming to an end...
 
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