Week ending 23 Jan 2013. Real Facts is also available on REIWA's iPhone app Property Sales for Perth Last Week House Units Land Total
633 177 79 889 4 weeks ago 581 Same week last year 642
Top Selling Suburbs North of River
Dianella 13 Morley 12 Wembley 12
South of River Rockingham 18 Midland 14 Armadale 13
Property Listed For Perth Listed For Sale House Units Land Total
5,941 1,553 1,927 9,421 Listed For Rent 2,911
3 Months to Dec 2012 Median Rent: $450/wk Vacancy Rate: 1.9%
Source: reiwa.com data
Perth market started year slowly first two weeks 35c did not help. But the last week has fired up the buyers. Under $400k off to a flyer 4 properties in Rockingham Park sold in last 4 days for prices 10% higher than last summer. Lynx hydra Pegasus Kenton on realestate.com.au In interest of balance other areas may not be going as well. I know people trying to sell for $1mil in North Beach and no interest at all. Vacancy rate up to 1.9% but do not get too excited the increase is in units, affordable houses for rent are becoming endangered species. The question for 2013 is not will the bottom keep performing but will the middle market $600k to $800k pick up. Who knows.
