Despite vacancy figures of over 20%, the Perth commercial sales market remains strong.
At the end of 2014 there were 406 suburbs nationally with a median value above $1 million, by the end of 2015 the number had
Softest conditions on record for capital city rental markets – no growth recorded over past 12 months.
Dwelling values across Australia’s capital cities were 0.9% higher in January driven partially by a rebound in Sydney and Melbourne.
2015 was a lackluster year for rental growth in Australia with rents increasing by just 0.3%; not exactly the news investors are looking to read about but good news for those looking to rent.