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November 27, 2015

Perth property market – An honest appraisal

Around 22,000 WA dwellings will reach completion in 2015 and 2016. This increase in residential housing is likely to cause an influx of stock on the property market in 2015 and into 2016. When there are more properties on the market along with decreased population growth, a fall in demand and weak consumer sentiment – the property market is likely to weaken. As a result of this: The general residential suburban housing market will be challenged. The apartment market is likely to follow suit from late 2015 and into 2016. As the rental market continues to weaken, landlords will need …

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