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WA property market poised for boom with house prices forecast to rise by up to 10 per cent – ABC News

House prices in Western Australia are predicted to surge between 6 and 10 per cent over the next year amid market conditions not seen since the peak of the mining…

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House prices in Western Australia are predicted to jump between 6 and 10 per cent over the next year amid market conditions not seen since the peak of the mining boom.
Key points:

  • Property sales activity in Perth has risen sharply and listings have fallen
  • That is putting upward pressure on house prices
  • It is also impacting the rental market, with rents forecast to jump

A Real Estate Institute of WA (REIWA) outlook for 2021 indicates the WA property market is poised for “steady growth” in both the…

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