LIST­INGS AND RENTS FALL­ING

Southern Gazette (South Perth) - - Residential -

RENTAL

REIWA mem­bers re­ported to­tal prop­er­ties (houses and units) leased for the four-week pe­riod de­creased to 543, a drop of 3 per cent over the past four weeks, but 15 per cent higher than the same time last year.

The Perth metro re­gion re­mains sta­ble at 11 per cent above the same time last year.

List­ings in the area have de­creased by 4 per cent, but are 38 per cent higher than the lev­els seen the same time last year.

List­ings are sta­ble in the over­all mar­ket, 38 per cent above the same time last year.

The me­dian weekly rent for the area is $410/week over­all, which is $40/week lower than the three months to Au­gust 2014.

Sim­i­larly, the over­all mar­ket has seen a $40/week fall in rental me­di­ans with the cur­rent over­all me­dian rent at $410.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.