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Perth property prices poised for further rise?

By Kevin Kelly

It's likely that prices will soon start to rise in capital cities throughout the country, particularly as sales have soared during the first three months of the year.

RP Data's research analyst Cameron Kusher explained how rising national property sales could have a knock-on effect for prices as was seen towards the end of 2013.

"Last year, values rose by three per cent over the first six months of 2013 followed by a 6.6 per cent capital gain over the second half," revealed the expert.

"With interest rates set to remain low, it may provide enough stimuli to see values start climbing more rapidly once more."

Although prices are likely to increase, RP Data anticipates it will be at a much more subdued rate than has been seen over recent years.

This might nevertheless give you the incentive to go in search of real estate in Bunbury, especially as cities outside the country's capitals have plenty of quality properties to offer.

You can benefit from all the excellent services and facilities you would expect from an urban area without the hefty price tag you'd probably associate with a state capital such as Perth.

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