DhuySorry but Perth property is over priced garbage in the vast...

Dhuy

Sorry but Perth property is over priced garbage in the vast majority of cases and needs either a major pull back in price (some areas sales are already slowing and prices dropping)

or a stagnation in price to bring some normality back to the price (10 years of stagnation should do it)

Prices being supported by a population growth due to the mining sector is a lie pushed by the like of realestate groups

Many mining jobs are fly in fly out and it makes little difference where the staff are being flown in from.

ABS population growth figures by state for the last 5 years

NSW 242,700
Vic 272,000
Qld 462,000
SA 56,500
WA 157,900
Tas 18,100
NT 7,500