cuppaDecember 2010 there was over 20000 properties on the market...

cuppa
December 2010 there was over 20000 properties on the market here in Perth.
Just about every street you went down had multiple properties for sale but not now as the majority have under offer or sold stickers on them.
Rents have gone up about 20% in the past year which is making tenants look to buy with interest rates so low.

Adelaide's property situation is very very different to Perth's property as we have 1300 people a week ( net ) coming into the state and we aren't building enough house to keep up with the population growth.

Supply demand