According to reiwa.com data, “There was a 1% fall in the median house price during that period, putting the current median house price at around $520,000.” It shows that the growth prospect is one of the factors that we need to consider in this aspect. For some reasons, these past months, Perth has seen that have increases in median house price and the rental yields. But this July, it has a sales turnover because of the prestigious suburbs market that influence the fall of the overall median price. Perth median house price nowadays are fixed at around $480 for a house and $455 for a unit, apartment or villa. Do you think, median house price is reasonable?
Perth House Price Drops
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