Latest news with #Autumn2025PricePredictorIndex
Sydney Morning Herald
14-05-2025
- Business
- Sydney Morning Herald
Perth's property slump: Data reveals more than half of suburbs in ‘negative' trend
More than half of Perth's suburbs are now in decline, with property sales sliding and former boom towns like Rockingham and Baldivis turning into real estate bust zones, new data reveals. Hotspotting general manager Tim Graham said the Autumn 2025 Price Predictor Index showed Perth's property market remains under pressure, with December quarter data confirming previous reports of declining sales activity. 'As of the December quarter, 57 per cent of Perth suburbs are exhibiting negative trends, with another 17 per cent showing no clear pattern,' he said. 'Only 26 per cent of suburbs are recording positive sales activity.' Graham said while sales activity had steadily fallen over the past year, some markets remained resilient, with house markets showing growth in Como, Dianella, Morley, Piara Waters, and Wellard, alongside unit markets in Cannington, Leederville, Maylands, Wembley, Yokine, and West Perth. Loading Conversely, declining suburbs included Aveley, Balga, Butler, Cooloongup, Ellenbrook, Mount Lawley, Palmyra, Port Kennedy, Rockingham, and Waikiki. 'Notably, the southern municipality of Rockingham, a previously affordable hotspot leading Perth's boom, now hosts several declining markets, including Baldivis, Port Kennedy, Rockingham, and Waikiki,' he said. One location that rarely takes centre stage has emerged as a front-runner for real estate capital growth prospects this year, according to the Index.
The Age
14-05-2025
- Business
- The Age
Perth's property slump: Data reveals more than half of suburbs in ‘negative' trend
More than half of Perth's suburbs are now in decline, with property sales sliding and former boom towns like Rockingham and Baldivis turning into real estate bust zones, new data reveals. Hotspotting general manager Tim Graham said the Autumn 2025 Price Predictor Index showed Perth's property market remains under pressure, with December quarter data confirming previous reports of declining sales activity. 'As of the December quarter, 57 per cent of Perth suburbs are exhibiting negative trends, with another 17 per cent showing no clear pattern,' he said. 'Only 26 per cent of suburbs are recording positive sales activity.' Graham said while sales activity had steadily fallen over the past year, some markets remained resilient, with house markets showing growth in Como, Dianella, Morley, Piara Waters, and Wellard, alongside unit markets in Cannington, Leederville, Maylands, Wembley, Yokine, and West Perth. Loading Conversely, declining suburbs included Aveley, Balga, Butler, Cooloongup, Ellenbrook, Mount Lawley, Palmyra, Port Kennedy, Rockingham, and Waikiki. 'Notably, the southern municipality of Rockingham, a previously affordable hotspot leading Perth's boom, now hosts several declining markets, including Baldivis, Port Kennedy, Rockingham, and Waikiki,' he said. One location that rarely takes centre stage has emerged as a front-runner for real estate capital growth prospects this year, according to the Index.
