Perth’s vacancy rate dropped to a record low of 0.4 per cent in March, according to REIWA.

The capital continues to outpace the rest of Australia, posting a 1.8 per cent increase in home values in January and an 18 per cent rise in the past 12 months.

The capital growth potential of Western Australia’s undersupplied residential sector, coupled with its relative affordability compared with other states, is proving attractive for an increasing number of investors.

With active listings in Perth dropping below 5,500 this week, there are concerns we’re facing a shortage of homes for sale.

An industry heavyweight is calling for investors to conduct due diligence to ensure they aren’t enlisting the services of illegal property advisers.

As the cash rate has been lifted for the eighth consecutive month, what are the implications for the Perth real estate market as we head into the new year?

Perth is the only capital city market rated as a ‘rising market’ and its affordability compared to cities such as Sydney and Melbourne has placed it on the radar of property investors nationally.

Western Australia was the only state to record house price growth expectations in a recent Property Council report.

Perth’s home values have dropped by 0.2 per cent in August, representing the first dip since October last year, CoreLogic’s home value index shows.