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I agree! Very interesting.

I was chatting to a business owner a couple of weeks ago in the Perth residential building industry, provides work for 6 major builders who confirmed industry is slowing. I'm watching out for advertising of extra incentives.

I'm seeing at the moment in Perth the 'best- most sought after' properties and suburbs are selling quickly. The less desirable properties and suburbs are being discounted.

I'm keen to time my investment decisions well and feel we are getting closer to five so will start preparing to get quotes and finance for my development sites. By the time media starts reporting stats it's old news.

I don't know Gwelup well so can't comment on it. I do think Carine is way overpriced though for condition of houses but what's scarey is that Duncraig prices are now similar. I'm looking to buy PPOR near these areas that aren't feral or overpriced. My possible prospects are Sorrento side of...

Do you have a link to property please? I'm guessing this? http://www.realestate.com.au/property-house-wa-carine-118576939

They are last years statistics. This is a more up to date summary of current market. http://www.realmark.com.au/are-there-too-many-houses-for-sale-in-perth/ There are approximately 14,000 properties on the residential market in Perth. That?s a 34% increase in housing stock compared with this...

No wonder you Perthites are so confused, you're looking at the Eastern States property clock Instead of the WA one. You need to switch the '6' and '9' around (rising/falling interest rates). Most of WA is currently at '4'.