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Spring Selling Season is Here - Perth property market continues to regain its momentum

Aug 31, 2023

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As Spring arrives, the Perth property market is showing signs of renewed vitality and activity. Homeowners are increasingly deciding to capitalize on the current market conditions, which have improved since the uncertainties brought about by the Covid-19 pandemic and interest rate fluctuations.

In recent conversations with homeowners, there is a prevailing sentiment that this is an opportune time to sell. Many who had been hesitant due to the uncertainties of the past are now more confident in taking the plunge and listing their properties for sale. This shift in sentiment can be attributed to a combination of factors, including the stabilization of economic conditions and a sense of increased market predictability.

WA continues to hold its position as one of the most affordable places to own a home in Australia. This reputation has only been reinforced by the recent market developments, attracting both local and international attention. Approximately 50% of property inquiries are coming from overseas and interstate buyers, reflecting a strong interest from investors looking to participate in Perth's property market.

For those contemplating a sale, it's crucial to engage with a proactive and knowledgeable real estate agent. A skilled agent can not only assist in securing the highest possible price for your property but also provide valuable guidance in navigating the process of both selling your current home and acquiring your next one.

If you're seeking advice or insights about the evolving Perth property market, you can reach out to me, Paulette Contessi, on 0438 908 264.

Paulette Contessi

Licensee / Director

THE CONTESSI GROUP