Business
Perth property values tipped for big bounce after border announcement – WAtoday
A Marmion home on the market over the weekend, valued about $750,000, sold at auction for $877,000. Buyers were prepared to pay more than advertised, and sellers…
Property analyst Gavin Hegney said the opening of WAs border on November 14 would push prices up over the next six months.
They could easily rise between 10-15 per cent in the short term, he said. But thats not across the board.
Mr Hegney believed houses valued between $500,000 to $1.5 million near the city, where demand exceeded supply currently, would increase in value the most.
“People want houses, they’re valuing a backyard at the moment,” he said.
A Marmion home on the market over the weekend,…
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