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Perth House Prices fall


ali

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It was reported in the West Australian today that Perth house prices fell almost $10,000 in some areas - but those in the country rose $13,000

 

Top 10 Increases were: Baldivis, Waikiki, Secret Harbour, Greenfields, Erskine, Leda, Medin, Singleon, Pinjarra & Wellard

 

Ali

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Hi Ali,

 

Don't you mean decrease for those areas? I live in Waikiki and my neighbour is an estate agent - prices have droipped about 10% if not more from the middle of last year, folk like me that were stupid enough to buy in the frenzy at full asking price have a bit of negative equity going on at the moment, however with the new train line going in this winter, it'll probably jump right back easily! :swoon:

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No i'm sure the report said they'd increased being southern suburbs and in anticipation of the rail link, whilst metro areas had experienced the decrease.

 

The suburbs I'd mentioned had a big blue arrow next to them pointing up (I meant to write the ones that had gone down but OH took the paper)

 

Ali

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