July 7, 2014

Perth enjoyed 6% growth in financial year 2014

According to REIWA preliminary data out today, Perth’s median house price is $549,000, based on these early figures Perth had enjoyed growth over the last financial year of up to 6%.

Sales for the month were down by around 400 properties to 1,892 but this was not unexpected. While turnover is down on reported contracts, this seasonal dip in sales activity is always experienced in the winter months.