Share your updates here ... vacancy rates, zoning changes, gov policy changes, house sales data, new infrastructure, news (optimistic or pessimestic) etc etc
Herron Todd White:
http://htw.com.au/Month_in_Review/Month-In-Review-November-2014.pdf
Office vacancy in the Perth CBD increased 2.8% to 11.8% as at July 2014. Office market conditions are predicted to worsen over the next 12 months in Perth
There is a softening trend however there are no signs that the market is moving in either direction. Property priced within the first home buyer market sector is still highly active. The sub $1 million market is stable,The market between $1 million and $1.5 million is stable, The market above $1.5 million has slowed significantly.
Rezoning to encourage higher density within areas such as Spearwood, Hamilton Hill and Coolbellup have heated the market significantly within the last twelve months
The inner city apartment market is soft and trending downwards. Valuers in this region have suggested prices may have declined and that it?s common to see apartments resold below the off the plan purchase price.