If you haven’t already heard, WA just took the top spot in the CommSec State of the States Report—again! This report looks at all the key economic factors that impact housing like population growth and retail spending and WA smashed it across the board!
But here’s the crazy part: WA is still the most affordable place to buy a home and when you look at the latest real estate data, WA was the only state in Australia to experience property price growth in the last quarter.
More Stock is Hitting the Market, and the number of homes for sale has doubled compared to mid-2024. This is great news for buyers who have been struggling with low stock levels for years, but for sellers, it means more competition—which is why choosing the right strategy is crucial.
Experts are predicting a 5-10% price increase this year, meaning that now is a great time to get into the market before prices climb further.
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