International Property Investment » Perth Property investing

Auction Clearance Rates: Going, Going, Down

Elisabeth Sowerbutts — Mon, 10 Nov 2008 17:00:28 +0000

Auction clearance rates are still well-down despite a glimmer of hope in some of the east coast cities. Clearance rates in Melbourne and Sydney improved over the weekend with Sydney reporting a clearance rate of 44.7%, up from the previous weekend's 41.7%. Melbourne's figures were 48.1% compared to 41.7% the previous week.

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Land Sales Tipped to Improve in Some Australian Cities

Elisabeth Sowerbutts — Fri, 03 Oct 2008 14:13:09 +0000

In the midst of doom and gloom on the share market and some property markets a leading Australian economic forecaster is predicting the slump in land sales will soon end in Perth, Sydney and Melbourne.

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Perth Property Prices Dropping

Elisabeth Sowerbutts — Fri, 08 Aug 2008 14:18:26 +0000

The continuing mining boom and related job opportunities fueling net immigration to Western Australia isn't stopping the state's property prices dropping reports the Real Estate Institute of Western Australia.

WA house prices peaked at the end of 2007 when the Perth median price reached $475,000, prices have now dropped to $446,000.