Western Australian Property Update

Page 1


INFLATION IS NOW WITHIN TARGET

But no cuts for now

WHAT’S THE OUTLOOK FOR RATES

Less high for longer

GSP AHEAD OF NATIONAL GDP GROWTH WITH TIGHT EMPLOYMENT

WA LEADING THE COUNTRY FOR POPULATION GROWTH

What would be the impact of a rate cut?

PERTH PRICES CONTINUE TO CLIMB

REGIONAL WA PRICES ALSO CONTINUE TO CLIMB

Perth and Regional WA rents fell last decade

But are now seeing record increases

WILL GROWTH CONTINUE?

Last year, WA needed 35,000 new homes but built 21,600

WILL GROWTH CONTINUE?

Construction cost are accelerating again in WA

CONSTRUCTION WOES CONTINUE

Supply issues will continue as construction industry insolvencies continue to rise

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