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Perth house values slump in August
1-October-08
Written by Staff Reporters
House values in Perth have suffered the largest drop compared to national figures, falling almost 6 per cent in the past year, according to latest statistics from the RP Data/Rismark International index.
In its monthly evaluation, the index reported a 5.69 per cent fall in the value houses and units in Perth for the year to August to $476,519.
The median house price fell to $481,578 in August, down from the previous month's $494,286 while the median unit price dropped from $340,390 to $332,951.
Article continues...
1-October-08
Written by Staff Reporters
House values in Perth have suffered the largest drop compared to national figures, falling almost 6 per cent in the past year, according to latest statistics from the RP Data/Rismark International index.
In its monthly evaluation, the index reported a 5.69 per cent fall in the value houses and units in Perth for the year to August to $476,519.
The median house price fell to $481,578 in August, down from the previous month's $494,286 while the median unit price dropped from $340,390 to $332,951.
Article continues...
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