Beeliar Market Report

The Perth housing market has lifted over the last few months with properties being sold at a faster rate. The last three months have seen some property prices increase by as much as 10% compared to the same time last year. Many factors have contributed to this including the influx of residents returning from overseas and interstate, historically low interest rates and the various State and Federal incentive schemes which help buoy demand. As is the nature of demand and supply, with less homes on the market, the more competition there is for buyers to find the right home. Perth’s vacancy rate is also extremely low, with Perth still being one of the most affordable capital cities in which to rent across Australia. This makes investing in property a very attractive prospect with rental returns expected to increase as demand increases. LIKE TO KNOW WHAT YOUR HOME IS WORTH? If you would like to discuss the latest market trend, or are interested in learning how much your house may be worth, please give me a call on 0417 183 451 or email me at lisa@glcresidential.com.au . Lisa Corriea Licensee/Executive Sales Consultant GLC Residential WELCOME TO YOUR LOCAL PROPERTY REPORT Photography – Taryn Elliott, Pexels