I recent read a good article on the reiwa.com website that explains what happened in the September quarter for Real Estate across Perth and regional WA.
It mentions that now is most definitely a great time for buyers and renters with the current high volume of listings available and the median house price decrease.
REIWA President Hayden Groves said Perth’s moderating housing market presented fantastic opportunities for buyers to secure property at a more affordable price with houses and units both posting declines to their median house price in the quarter.
“The median house price for the September quarter came in at $522,133, an adjustment of 4.2 per cent on the revised June quarter median of $545,000, while units and apartments edged back 2.3 per cent to $420,125 from the revised June quarter figure of $430,000,” Mr Groves said.
Read the full post here.