According to a housing sentiment survey recently conducted by CoreLogic & TEG Rewards, almost 70% of Australians believe that, more than ever, now is a good time to be investing in dwellings, particularly in the Perth real estate market. In fact, 80% of Perth respondents indicated they think it’s currently a good time to buy. Given that market sentiment is definitely a factor in driving a market upwards, this is certainly good news for Perth property.
This positive outlook for Perth is also confirmed by many property commentators including Damian Collins who recently stated on Channel 9 news, Perth is “pretty much at the bottom of the market.” This was also reiterated by Perth Valuer and respected industry analyst, Gavin Hegney, at his 2016 Perth Property Insights Seminar.
To top it off, HTW just released its November 2016 Property Clock and has also affirmed Perth is approaching the bottom of the market, alongside Darwin and Alice Springs of the Northern Territory.
For more info, you can find HTW's property clock for November 2016 below:
Click on image below for a closer look.
And you can download CoreLogic & TEG Rewards November 2016 report by clicking on the button here: