Hi all.
I did a quick little search here on somersoft on the perth property cycle but couldn't find anything current so thought I'd make my first post a question.
I am really interested in where Perth is at in the property cycle.
I had to sell my home in early 2009 due to reasons beyond my control and now that I am back on my feet I would like to buy back in - however it 'appears' that prices have improved since then and I cannot buy what I had before (or similar) for a similar price. I am just wondering if this is the 'up' part of the Perth cycle or did we just have the 'up' and will it now stabilise for a while? I am looking in the western suburbs.
Please forgive me ignorance - I'm not a property investor but wouldn't mind learning a thing or two!
I did a quick little search here on somersoft on the perth property cycle but couldn't find anything current so thought I'd make my first post a question.
I am really interested in where Perth is at in the property cycle.
I had to sell my home in early 2009 due to reasons beyond my control and now that I am back on my feet I would like to buy back in - however it 'appears' that prices have improved since then and I cannot buy what I had before (or similar) for a similar price. I am just wondering if this is the 'up' part of the Perth cycle or did we just have the 'up' and will it now stabilise for a while? I am looking in the western suburbs.
Please forgive me ignorance - I'm not a property investor but wouldn't mind learning a thing or two!