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Property
Market Information
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Indicator
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Jun Qtr 2011
|
Change from 3
months
ago
|
Change from 12
months
ago
|
|
Property values
(Median price)
|
|
|
|
|
House, Perth
|
$470,000
|
-3.1%
|
-6.0%
|
|
Units, Perth
|
$405,000
|
n.c.
|
-2.4%
|
|
Houses, WA Regional
|
$370,000
|
-1.8%
|
-2.6%
|
|
Residential Land, Perth
|
$254,000
|
+5.0%
|
+7.2%
|
|
Residential Land, WA
|
$179,000
|
+2.3%
|
+10.5%
|
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|
|
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Indicator
|
Jun Qtr 2011
|
Change from 3
months
ago
|
Change from 12
months
ago
|
|
Sales
|
|
|
|
|
Established Homes, WA
|
9,200
|
-4%
|
-7%
|
|
Average selling time,
residential sales, Perth
|
79 days
|
+3 days
|
+13 days
|
|
Stock of properties for
sale, Perth
|
17,437
|
-1.8%
|
+20%
|
|
|
|
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|
Rental market
|
Jun Qtr 2011
|
Change from 3
months
ago
|
Change from 12
months
ago
|
|
Vacancy rate, residential
homes, Perth
|
3.5%
|
+0.3%pts
|
-0.7% pts
|
|
Median weekly rent, Perth
|
$380
|
n.c.
|
+2.7%
|
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Source: Real Estate Institute of WA
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