Perth market at the bottom of the property cycle

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There is much chatter about the Perth property market finally bottoming out, making it an ideal time to invest in off-the-plan projects that are likely to increase in value – but don’t just take our word for it, check out the discussion by National Australia Bank and other leading property analysts:

“National Australia Bank analysis suggests WA has reached the bottom after several years of falling property prices, growing rental vacancy rates and the biggest fall in rents since the early 1990s,” – The West Australian, July 14th 2017.

https://thewest.com.au/news/wa/gloom-to-boom-for-wa-property-prices-ng-b88535801z

“Top valuation expert Gavin Hegney, builder Dale Alcock, Housing Industry Association executive director John Gelavis and Real Estate Institute of WA boss Hayden Groves believe there are unlikely to be any more significant falls in house prices,” – Perth Now, June 13th 2017.

http://www.perthnow.com.au/news/wa-housing-market-experts-predict-recovery/news-story/575e90a78076dbfcf253dd1ebfcc8fce