CWP 0.00% $4.95 cedar woods properties limited

Hello Rivella,Sorry, I did not have time yet to look at your...

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    Hello Rivella,
    Sorry, I did not have time yet to look at your idea.
    But it seems that market conditions for apartments in Perth are really good at the moment.
    According to a recent article from Perth Now, Perth vacancy rate has decreased to the lowest level in 13 years to 0.93 % (source : REIWA data). As a result, rents on new leases are increasing. However, investors remain cautious due to emergency tenant laws which are preventing evictions and a rent increase on existing tenancies.

    This looks like a sharp contrast with what's happening in Sydney and Melbourne, where there is a clear deterioration of vacancy rates.

    Last edited by saintex: 01/11/20
 
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