Australian PropertyFeatured Article

Stimulus demanded as WA property market crashes to 30-year low

Leith van Onselen
Tuesday 22 October 2019
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Perth’s housing crash has been well documented on MB.

According to CoreLogic, Perth’s house price bust has dragged on for more than five years, with values down more than 21% – easily exceeding prior busts:

Perth rents have also collapsed by 22% since December 2014, according to the ABS:

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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.