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Perth
Real Estate Perth Western AustraliaPerth is a vibrant and modern city situated on the Swan and Canning rivers, with the Indian Ocean to the west and the ancient Darling Ranges to the east. Perth is well known for its seafood restaurants, surfing beaches, diving and fishing, canoeing & sailing. Perth’s property market continues to power ahead thanks to the state’s unprecedented mining boom and strong population growth. House prices increased a healthy 8.1 per cent over the year December. Rising incomes helped offset the higher cost of housing leading to a small improvement in overall affordability. Further ahead, analysts predict Perth will continue to defy the slowdown currently gripping the eastern state capitals, with prices tipped to jump 8-10 per cent over 2005.
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