Property prices are continuing to rise even in the midst of high interest rates.
Brisbane, Perth, and Adelaide have limited stock available for sale - this shortage is leading to strong price growth.
Perth is tipped is still grow another 11% in the coming year! Investors there have made a killing the last couple of years.
Look at the capital growth chart below to see growth of 5 individual Perth suburbs during the past 3 years - this is huge growth showing 20%+ annual capital growth in most cases.
Check out this article on RealEstate.com.au for additional information - https://www.realestate.com.au/news/property-price-forecasts-lifted-as-some-cities-defy-expectations/.
Now is the time to keep a close eye on the market to make your next move and optmise your portfolio - go to https://www.propertydirector.com.au/choose-plan and register to our Professional plan now to get across what is happening.