Not picking on BIS, but here is an extract from their 2003-2006 Residential Property Report...
"Perth: The median house price increased by 30 per cent over the five years to June 2001, and increased by 12 per cent in 2001/02. Growth of 10 per cent is forecast for 2002/03, with the median rising to $205,000. With recent net interstate migration expected to reverse from outflow to inflow, moderate price increases are forecast for the next three years."
Very tough to call property direction atm.
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