Perth House Prices to Go Up

The Australian Property Monitors have reported expectations that the house prices will go up after the June quarter showed a 0.2% rise, adding to the earlier 1.5% increase in the January-March quarter. The median house price in Perth is $536k. Whilst many news outlets have left the report at that, there is more you should know. In the latest figures, Perth was the weakest capital city market in Australia, with Hobart a marginally better increase by 0.5%.