{"id":29679,"date":"2020-12-16T17:33:31","date_gmt":"2020-12-16T04:33:31","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=29679"},"modified":"2020-12-16T17:33:31","modified_gmt":"2020-12-16T04:33:31","slug":"perth-property-sales-soar-to-highest-level-in-seven-years","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/perth-property-sales-soar-to-highest-level-in-seven-years\/","title":{"rendered":"Perth property sales soar to highest level in seven years"},"content":{"rendered":"

PHOTO: Established home sales in Perth have soared over the past three months to near 2013 levels.(ABC News: Eliza Laschon)<\/cite><\/strong><\/p>\n

Perth housing sales have surged to their highest level since the city’s last property boom seven years ago, partly due to a tightening of supply and buyers flocking to the COVID-19 “safe haven” of Western Australia.<\/p>\n

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Key points:<\/h2>\n
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  • Sales of established homes surged in the three months to November<\/li>\n
  • There was a 29 per cent increase on the same period last year<\/li>\n
  • Analysts say sales activity could heat up even further in 2021<\/li>\n<\/ul>\n<\/section>\n

    In the three months to November, established home sales in Perth were 29 per cent higher than in the same period last year, according to data from the Real Estate Institute of WA (REIWA<\/a>).<\/p>\n

    It was the largest volume of sales over that period since the city’s last property boom in 2013.<\/p>\n

    “I haven’t seen anything like it in years,” said real estate agent Chelsey Grant, who sells homes in Perth’s southern suburbs.<\/p>\n