Home Page Home Page
Agents - Join here Add Property

Perth is the place to pick up a bargain

Perth is the place to pick up a bargain

Investors hoping to break into the Australian real estate market are advised to head for Perth where a lack of buyers is forcing prices in a downwards direction.

Data from the Real Estate Institute of Western Australia show that 2010 was a terrible year for residential property sales across the district of Perth - sales fell by 30 per cent from the previous year.

Current figures from REIWA show that the amount of homes currently for sale in Perth is heading for 16,000 that is an increase of almost 50 per cent on the same period last year. With so many established properties on the market potential buyers are in a great position to negotiate on the asking price.

City agents are not expecting the buyers market conditions to continue beyond the latter part of the year and advise canny investors to pay a visit sooner rather than later.

© Copyright
Published: 16-Feb-11

Send My Property Requirements to Suitable Agents Worldwide

Keep Me Posted
Property Alerts

Property Search


Follow our news feeds on
Follow us on twitter

RSS feed of propertyworld's news updates 

RSS feed of our news

Related News Stories
News By Category
Home  |  About Us  |  Property News  |  Useful Links  |  Data Feeds  |  Property Listings  |  Site Map  |  Help  |  Privacy  |  Terms & Conditions
Copyright © 2005 - 2013 PropertyWorld.com Designed and developed by MSO.net