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Property price falls are steeper among the most expensive homes for sale than at the cheaper end of the market, new figures show.
CAPITAL GROWTH
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A new report that revealed house prices in Perth are at another record high.
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Homebuyer budgets are finding a ceiling, slowing the pace of property price growth.
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Unit values are languishing below their peaks in a string of Sydney and Melbourne suburbs, often where there has been significant new apartment development.
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The median price of a unit in Perth has hit a record while house prices have continued to march higher.
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Perth house prices are predicted to rise between 8 and 11 per cent in the coming year, according to PropTrack.
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Property prices in Adelaide are set to increase at a slower pace in the next financial year, but the city is expected to remain the second-strongest capital for…
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Australian property resales reached their highest rate of profitability, since July 2010, in the first quarter of the year.
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Dozens of liveable Melbourne suburbs, even in far-flung areas, have recorded soaring price growth.
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Perth comfortably leads the nation in home price growth in the past four years.
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Brisbane has become Australia’s second most expensive capital city for property.
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Perth’s real estate market has continued its runaway growth in May recording year-on-year growth of more than 24 per cent for houses and 20 per cent for units.
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