Summary: The Perth market is the strongest it’s been since it lapsed into downturn five years ago. Vacancies are down, rents are rising, sales are up and 40% of suburbs have median prices higher than a year ago. Recovery is undoubtedly under way, even if it's not showing up in the generalised price data published by media. Our Autumn survey of sales activity for the Price Predictor Index has given a positive rating (rising, plateau or consistency) to 168 suburbs in the Perth metro area.
