Australia’s busiest property markets at the moment can be found in larger cities, where life is more unrestricted due to successful containment of Covid-19. These markets have an active band of first-home buyers which are highly boosted by government aid and record low-interest rates. The property prices are also rising due to low rental vacancy numbers and an upward surge in rents.
These trends are highly prominent right now in the city of Perth. To understand more, here is an overview of Perth’s residential market post-Covid-19 restrictions, and why so many are moving in on Perth’s housing market.
