Edge Seven Financial Sydney Blog 02

Perth Property Prices

The Australian Bureau of Statistics yesterday released their quarterly Residential Property Prices Index for Eight Capital Cities for the June 2015 quarter.

Perth Property Prices quarterly chart

Perth Property Quarterly Chart click to enlarge

click to enlarge

Perth Property Peaked December 2014 quarter

If this was a share trading on the ASX it would be a sell in my opinion.
Sorry Perth !!!

Tide is going out
Prices in Perth are now falling even with record low interest rates.
Property price declines will likely accelerate in this city once interest rates eventually begin increasing.

When the tide that is low interest rates goes out we will see who is swimming naked!!

Silver lining
Perth property will probably throw up some great bargains in five-to-seven years time once the interest rate cycle has played out.

The information provided in this article is intended for general use only. The article is intended to provide educational information only. Please be aware that investing involves the risk of capital loss. The information presented does not take into account the investment objectives, financial situation and advisory needs of any particular person, nor does the information provided constitute investment advice. Under no circumstances should investments be based solely on the information herein.

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