Perth property to boom

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All signs are pointing upward for Perth property after experiencing 20%-plus declines in values and rents in the six years from 2014.

Mortgage commitments have rocketed, pointing to strong price appreciation:

Dwelling supply is tightening:

Rental vacancies have cratered, according to the REIWA:

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SQM Research:

And Domain:

Rental listings have collapsed:

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Perth rents are surging:

Finally, Perth housing is at its best relative value in around half a century:

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It’s time to buy Perth property.

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.