Hotspotting Report 7 Perth Hotspots

$121.00

The Western Australia pack offers exceptional insights into some of the nation’s most promising cities, all located in both metropolitan and regional areas of Western Australia. From Cockburn to Stirling these cities offer residents shopping, dining, and entertainment facilities, as well as many serene landscapes to be explored. Such amenities have been identified as key growth drivers for such areas within the regional and metropolitan areas of Western Australia.

To find out the best places to buy in this strongly rising market, get yourself a copy our new 7 Perth Hotspots reports and have a read today.

SKU: HOTSPOTTING-PERTH Categories: ,

The Perth market is pumping in a way that hasn’t been seen since the end of the resources investment boom in 2013.
In the three years from 2018 to 2020, Perth recorded between 34 and 59 suburbs with rising sales activity in our quarterly surveys. Our three surveys in 2021 have found 118, 103 and 115 rising suburbs.

Hotspotting’s latest quarterly analysis has found improvement in many of the major municipalities across the Perth metropolitan area. Armadale, Bayswater, Belmont, Canning, Gosnells, Joondalup, Kwinana, Stirling and Wanneroo have all increased the number of suburbs with rising market activity, while Rockingham has maintained its position with all nine suburbs classified as rising markets.

PRICES: It’s been a long time between drinks, but prices are now moving strongly upwards in the Perth market – 97% of suburbs have recorded annual growth in their median house prices while 73% of unit markets have risen in the past year. There are only six suburbs in the Greater Perth area which have failed a record price growth in the past 12 months.

To find out the best places to buy in this strongly rising market, get yourself a copy our new 7 Perth Hotspots reports and have a read today.