Perth house prices rise 3.2% over quarter - most since 2009

Perth's median house price rose 3.2% over the June quarter - the greatest quarterly rise since December 2009, according to Australian Property Monitors.

Perth’s house prices have increased 7.5% over the 2013 financial year  the strongest performance of any capital city housing market, according to APM's latest housing market report.

"Perth’s median house price has now risen for 6 consecutive quarters, and is now at an all-time high of $584,487," the report says.

"The strength of the Western Australian economy is a key driver of the Perth housing market, evidenced by the lowest unemployment rate of any state, at 4.6 percent in July"









Alistair Walsh

Alistair Walsh

Deutsche Welle online reporter

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?