REIWA calls for four steps to tackle stamp duty

Part of a submission for the 2021-22 WA Budget

Perth’s property growth doubles last boom

An average growth rate of 0.7% per month has been recorded

WA’s first home buyer grants exceeded $6M

First home buyers fuelling WA market recovery

57.8% price growth for Port Hedland last financial year

All of WA’s nine regional centres recorded sale price growth

Perth vacancy rate rises to 10-month high

Rental market is still very tight however

The 10 Perth suburbs with the largest sale volume increases

Seven of the 10 have a median price below $500K

10 Perth suburbs record 25%-plus median price growth

One suburb saw a 44.7% increase during the last financial year

Home values up 7% in Perth this year

June recorded the smallest growth rate of the year

Perth rentals the most affordable in the country

Most suburbs have median asking rents well below their peaks

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