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Perth Market Snapshot for the week ending 26 June 2022

REIWA | June 27, 2022

Sales activity increased 3.2 per cent in Perth last week, with REIWA members reporting 899 transactions. This can be attributed to a 1.5 per cent decrease in house sales, a 16.5 per cent increase in unit sales and a 22.2 per cent increase in vacant land sales over the week. There were 8,599 properties for sale in Perth at the end of last week, which is 0.8 per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 0.7 per cent, unit listings increased by 0.5 per cent and listings for vacant land increased by 1.3 per cent. Last week's total figure is 0.9 per cent higher than four weeks ago and four per cent lower than a year ago.

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Perth Market Snapshot for the week ending 19 June 2022

REIWA | June 19, 2022

Sales activity increased 2.2 per cent in Perth last week, with REIWA members reporting 879 transactions. This can be attributed to a 6.7 per cent increase in house sales, a 0.6 per cent increase in unit sales and a 30 per cent decrease in vacant land sales over the week. There were 8,532 properties for sale in Perth at the end of last week, which is one per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 0.5 per cent, unit listings increased by 1.7 per cent and listings for vacant land increased by 1.3 per cent. Last week's total figure is 1.2 per cent higher than four weeks ago and 5.5 per cent lower than a year ago.

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Perth Market Snapshot for the week ending 12 June 2022

REIWA | June 13, 2022

Sales activity decreased 12.8 per cent in Perth last week, with REIWA members reporting 869 transactions. This can be attributed to an 11 per cent decrease in house sales, a 17 per cent decrease in unit sales and a 16.8 per cent decrease in vacant land sales. There were 8,450 properties for sale in Perth at the end of last week, which is 0.8 per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 0.9 per cent, unit listings decreased by 0.3 per cent and listings for vacant land increased by 0.8 per cent. Last week's total figure is 1.9 per cent higher than four weeks ago and 6.5 per cent lower than a year ago.

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Perth Market Snapshot for the week ending 5 June 2022

REIWA | June 6, 2022

Sales activity increased 5.6 per cent in Perth last week, with REIWA members reporting 1,005 transactions. This can be attributed to a 1.7 per cent increase in house sales and a 0.5 per cent increase in unit sales and a 72 per cent increase in vacant land sales. There were 8,379 properties for sale in Perth at the end of last week, which is 1.7 per cent less than the previous week. A closer look at listing stock levels shows house listings decreased by 1.7 per cent, unit listings decreased by 2.3 per cent and listings for vacant land decreased by 1.7 per cent. Last week's total figure is 3.5 per cent higher than four weeks ago and 7.5 per cent lower than a year ago.

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Perth Market Snapshot for the week ending 29 May 2022

REIWA | May 30, 2022

Sales activity increased 11.4 per cent in Perth last week, with REIWA members reporting 959 transactions. This can be attributed to a 10.8 per cent increase in house sales and a 12 per cent increase in vacant land sales. Unit sales decreased 1.8 per cent during the week. There were 8,521 properties for sale in Perth at the end of last week, which is 1.1 per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 1.1 per cent, unit listings increased by one per cent and listings for vacant land increased by 1.1 per cent. Last week's total figure is six per cent higher than four weeks ago and 7.5 per cent lower than a year ago.

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Perth Market Snapshot for the week ending 22 May 2022

REIWA | May 23, 2022

Sales activity decreased 2.6 per cent in Perth last week, with REIWA members reporting 875 transactions. This can be attributed to a three per cent increase in house sales, a five per cent decrease in unit sales, and a 12 per cent increase in vacant land sales. There were 8,431 properties for sale in Perth at the end of last week, which is 1.7 per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 2.7 per cent, unit listings increased by 0.7 per cent and listings for vacant land increased by 0.2 per cent. Last week's total figure is 5.1 per cent higher than four weeks ago and 7.5 per cent more than a year ago.

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Perth Market Snapshot for the week ending 15 May 2022

REIWA | May 16, 2022

Sales activity decreased 3.6 per cent in Perth last week, with REIWA members reporting 911 transactions. This can be attributed to a two per cent increase in house sales, an 11 per cent decrease in unit sales and a 32.9 per cent decline in vacant land sales. There were 8,294 properties for sale in Perth at the end of last week, which is 2.4 per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 3.8 per cent, units increased by 1.1 per cent and vacant land listings increased by 0.9 per cent. Last week's total figure is 6.8 per cent higher than four weeks ago and eight per cent lower than a year ago.

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Perth Market Snapshot for the week ending 8 May 2022

REIWA | May 9, 2022

Sales activity increased 10.8 per cent in Perth last week, with REIWA members reporting 952 transactions. This can be attributed to a seven per cent increase in house sales, a 20.7 per cent rise in unit sales, and a 21.5 per cent in vacant land sales over the week. There were 8,099 properties for sale in Perth at the end of last week, which is 0.7 per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 1.7 per cent, listings for units increased by 0.6 per cent and listings for vacant land decreased by 1.5 per cent. Last week's total figure is 2.6 per cent higher than four weeks ago and 8.9 per cent lower than a year ago.

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Perth Market Snapshot for the week ending 1 May 2022

REIWA | May 2, 2022

Sales activity increased 11 per cent in Perth last week, with REIWA members reporting 869 transactions. This can be attributed to an 11 per cent increase in house sales, a five per cent increase in unit sales and a 32 per cent decline in vacant land sales. There were 8,040 properties for sale in Perth at the end of last week, which is 0.2 per cent more than the previous week. A closer look at listing stock levels shows house listings increased by 1.8 per cent, units decreased by one per cent and vacant land listings increased by 0.2 per cent. Last week's total figure is three per cent higher than four weeks ago and 9.7 per cent lower than a year ago.

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Perth Market Snapshot for the week ending 24 April 2022

REIWA | April 26, 2022

Sales activity decreased 10 per cent in Perth last week, with REIWA members reporting 788 transactions. This decrease can be attributed to a 16 per cent fall in house sales, a 18 per cent rise in unit sales, and a no change in vacant land sales over the week. There were 8,022 properties for sale in Perth at the end of last week, which is three per cent more than the previous week. A closer look at listing stock levels shows house listings increased by five per cent, listings for units increased by one per cent and listings for vacant land increased by four per cent. Last week's total figure is one per cent higher than levels seen four weeks ago and are eight per cent lower than levels seen a year ago.

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Perth Market Snapshot for the week ending 17 April 2022

REIWA | April 22, 2022

Sales activity decreased 10 per cent in Perth last week, with REIWA members reporting 883 transactions. This can be attributed to a three per cent fall in house sales, a 30 per cent fall in unit sales, and a 24 per cent fall in vacant land sales over the week. There were 7,769 properties for sale in Perth at the end of last week, which is two per cent less than the previous week. A closer look at listing stock levels shows house listings decreased by three per cent, listings for units decreased by one per cent and listings for vacant land increased by one per cent. Last week's total figure is one per cent lower than levels seen four weeks ago and are 10 per cent lower than levels seen a year ago.

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Perth Market Snapshot for the week ending 17 April 2022

REIWA | April 17, 2022

Sales activity decreased 10 per cent in Perth last week, with REIWA members reporting 883 transactions. This can be attributed to a three per cent fall in house sales, a 30 per cent fall in unit sales, and a 24 per cent fall in vacant land sales over the week. There were 7,769 properties for sale in Perth at the end of last week, which is two per cent less than the previous week.

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Perth Market Snapshot for the week ending 10 April 2022

REIWA | April 10, 2022

Sales activity decreased three per cent in Perth last week, with REIWA members reporting 993 transactions. This can be attributed to a three per cent decline in house sales and a 26 decline in vacant land sales over the week. Unit sales increased seven per cent during the week. There were 7,896 properties for sale in Perth at the end of last week, which is one per cent less than the previous week.

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Millennials flock to nation’s first ‘co-living skyscraper’ from The Switch

Domain | March 23, 2022
Once the domain of hippies, students and the elderly, communal living is being reimagined and sold as a utopian solution to the urban housing crisis.
Its new target audience is millennials who want to buy into the dream of living in a high rise, built-in community. New development company The Switch has opened the doors to renters for its first project in Australia, a $70 million co-living concept in a 39-storey skyscraper along Wellington Street in the heart of the CBD. It’s the first in a series of The Switch locations due across Australia, with Adelaide and Sydney later this year and Melbourne in 2023. The communal accommodation near another high-profile redeveloped space, Yagan Square, has 483 fully furnished bedrooms with flexible lease arrangements, co-working spaces, rooftop bars, lounges and community gardens.
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Perth Market Snapshot for the week ending 16 January 2022

REIWA | January 17, 2022

Sales activity continued to rebound in Perth following the holiday season slowdown, REIWA members reporting 853 transactions, which is a 45 per cent increase on last week.   This increase can be attributed to a 48 per cent increase in house sales, a 34 per cent increase in unit sales and a 47 per cent increase in vacant land sales over the week.   There were 8,186 properties for sale in Perth at the end of last week, which is two per cent more than the previous week.   A closer look at listing stock levels shows house listings increased by two per cent, listings for units increased two per cent and listings for vacant land increased by one per cent.   Last week's total figure is nine per cent lower than four weeks ago and two per cent lower than a year ago.

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WORK WITH US

Brendan Bowie has specialised in property sales, marketing, and leasing for more than 20 years. As a City of Belmont resident with a great knowledge of the local area, Brendan’s strategic and innovative property marketing approach, coupled with a strong networking focus, consistently yields quality outcomes for his clients.

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