Perth’s last property bull standing

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By Leith van Onselen

The property industry in Perth are getting desperate. Following the Real Estate Institute of Western Australia’s (REIWA) delusional call a few week’s back that the Perth housing market is set to soar, one of Western Australia’s top valuers claims an opportunity is emerging for astute buyers to get into the Perth market on the cheap. From The AFR:

“I think there’s less risk of buying into Perth today than buying into the Sydney market,” says Gavin Hegney, of Hegney Property Group.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.