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Home and unit median sales prices have reached record levels for the financial year.
Although Brown has a strong price increase in the larger Perth region, it has changed from suburban suburban.
“For example, Perth Median home sales price increased by 16.4 percent until June, but the best 10 suburbs, annual growth of more than 28 percent,” he said.
“In the unit market, while the median sales price growth during the financial year was 20 percent, the first 10 suburbs grew over 32 percent.
“There are some suburbs who see the decline in the Median house sales price.”
Meanwhile, for tenants, Perth’s average weekly house rental price fell at the end of the March quarter from $ 695 to $ 680 at the end of the June quarter.
The average unit rental price rose from $ 650 per week to $ 660.
Annual, the median house rental price increased by 4.6 percent, while the median unit rental price increased by 10.0 percent.
“The general tendency was still upwards, but a significant change has been a growth rate for the last 12 months, Brown said Brown.
“The pressure on prices is reduced due to an increase in supply and the softening of demand.”
Brown said that despite the changes, there are difficulties in the rental market.
“Our members report that demand is particularly close to the city, which increases prices, but is generally softer in the foreign suburbs,” he said.
“In these outer regions, some members see that there is a strong competition for modern, well -groomed houses, but prices have fallen for old, dated properties.
“And in areas where many new supplys are available, investors may have to reduce their prices to secure a tenant.”
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