Perth property market has ‘higher risk-rating’ in five of seven indicators: Herron Todd White

Perth property market has ‘higher risk-rating’ in five of seven indicators: Herron Todd White
Jennifer DukeDecember 7, 2014

The property market for houses in Perth has been given a higher risk status in five of a total seven points of measurement from Herron Todd White.

Of the seven points of measurement, the two remaining stable include:

New properties are ‘almost never’ sold at prices exceeding their potential resale value.

The ‘rental vacancy trend’, which, while not exactly for investors, remains at an ‘increasing’ level.

Here are the five indicators that have been upgraded to higher risk status:

  • Rental vacancy situation - Oversupply of available property relative to demand

  • Demand for new houses - Soft

  • Trend in new house construction - Steady

  • Volume of House Sales - Declining

  • Stage of Property Cycle - Declining market

Jennifer Duke

Jennifer Duke was a property writer at Property Observer
Tags:
Perth

Editor's Picks

First look: Immerse Projects plan new apartments at Kirra Beach
City Beat March 2025: Olympics announcement to drive further growth in Brisbane property market
BVN and FJC Studio’s architectural vision for Sydney House
PIPIS penthouses turn heads in Bilinga
City Beat March 2025: Gold Coast unit market continue to grow, but gains slow