For previous weeks, Perth property market has been experiencing downturn. Sales turnover for house has dropped and rents are falling. But despite of the negative results, Perth remains strong and fierce.
Based on the released date, Perth rental yields are outperforming the national average.
The RP Data shows that Perth’s average rental yield is now at 4.7% for units and 4.1% for houses. Despite the gloom, there is a positive outlook for Perth market. When the economic growth is maintained, a better transition for mining and energy resources, when the investors’ confidence will continue to superb, therefore property market remains indestructible.