Perth’s property industry has resorted to the mother of all spruiks in a bid to get the market moving, effectively claiming the downturn underway “is only a flesh wound” and appealing to buyers on the East Coast. From Perth Now:
Perth has more than 19,000 properties listed on the market, forcing a price drop of $20,000 in the June quarter to a median of $525,000, according to CoreLogic RP Data figures…