David Koch: What’s actually behind the growth of Perth’s property market?

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David Koch: What’s actually behind the growth of Perth’s property market?

Most would agree that the *********** property market has been nothing short of turbulent in the past few years, so much so that Melbourne has found itself in an unusual position. Once the second-highest city in terms of median dwelling values, it has since been relegated to sixth place — overtaken by all other capitals except Darwin and Hobart.

So what exactly is driving this shift? Let’s break down the biggest influencing factors according to the latest CoreLogic data, and what it means for both buyers and sellers.

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