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I just decided not to hotlink them as they take up so much screen space.

Long term Perth house price index (Residex)... http://i187.photobucket.com/albums/x308/LPShadow/Residex-Perth-Trend.png~original

I like statistics. I suspect you like lies. How far into the future can you see Perth going backwards for? Care to state a timeframe? I've been hearing that since 2007.

2.1% for WA... http://www.abs.gov.au/ausstats/[email protected]/mf/3101.0 2.5% for Perth... http://www.abs.gov.au/ausstats/[email protected]/mf/3218.0/

This was posted today by a member on another property forum I frequent. Can't vouch for authenticity but it's an interesting story...

Hi Norwester, have you got a link/source for that?

It may be the case that your properties aren't representative of the entire Perth market. The figures I'm quoting are the official ABS figures for the whole of Perth - i.e. the average for the whole city. But congratulations on beating the wider market - as investors that's what we should be...

There was a 15% rise over those three years, which in real terms is about 2-3% per year. Hardly a boom. And that was after falling 13% in real terms during 2010 and 2011. Perth hasn't boomed since 2006. Perth has the strongest population growth in Australia, at 2.5%. Perth also has the lowest...

I'm thinking another year of stagnation for Perth, and then prices will start to rise.

It's possible that as Sydney and Melbourne house prices move out of reach for more and more people, investors and homebuyers will begin to look interstate.

2.5% for Perth vs 1.8% for Sydney... http://www.abs.gov.au/ausstats/[email protected]/mf/3218.0/

Perth house prices rose very strongly from 2002 to 2006. Over this period, nominal prices increased by 150%. However, since 2006, nominal prices have only increased by 17%, which is a decline in real terms... http://i187.photobucket.com/albums/x308/LPShadow/Perth-House-Prices.png~original...