Here’s what you need to know:
Signs of softening in the Perth market have continued through into the new year. Stock levels are up has increased by over 47% from 6 months ago, the rate of price growth has slowed by approx. 60% over the 6 mths to December, the average days on market has increased by approx. 60% in the same period, now at 13 days, and the rental vacancy rate has tripled over last 12 months. While these are all still at historically low levels, they are moving in a clear direction, and this could have an impact on property prices at some stage in late 2025. The first quarter of 2025 will be very telling as to when this change may occur.
If you’ve been considering selling, now is the perfect time to plan ahead. To help you navigate this evolving market, we’re offering a free 1-hour strategy meeting.
In this session, we’ll discuss:
- The current market climate and predictions for 2025.
- Home improvement opportunities to maximise your return.
- Expert presentation advice to make your home stand out.
- Tailored marketing recommendations and associated costs.
- The best time to sell for your unique situation.
Don’t miss this chance to get expert insights and prepare for the year ahead. Call James Priestly on 0447 120 125 or email james@mgpproperty.com.au to book your session.