From tariff turmoil and China’s chill to a possible mining malaise, Perth property continues to eye off double-digit gains in some suburbs and slower but still strong growth in others.
The Perth property market has knocked the lights out in recent years — and a combination of tight supply, strong migration and relative affordability means the party’s not over yet, experts say.
Since 2020 Perth dwelling prices have soared by more than 75 per cent — more than any other capital — and the fundamentals point to continued growth, albeit at a slower pace.
“Perth is still experiencing the highest amount of migration in the country,” says Scott Townsend, Director, Perth Property Buyers.
“We are still very affordable in comparison to the average wage versus the other major capitals.”