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A well-known western Perth suburb has seen its median house price drop by 19.3 per cent to $1.09 million over the past year. It’s not the only one to record a fall.
A CoreLogic analysis showed that while Perth has strong market fundamentals, property investors still tend to invest in bigger states and cities.
There will be no interest rate decisions in January, April, July or October.
More borrowers are turning to brokers as economic uncertainty persists, NAB’s latest trend report for brokers has revealed.
Cash buyers piled into Melbourne’s CBD and the Gold Coast during the June quarter, snapping up more than 1000 apartments according to PEXA.