7 December 2024 Posted In: Affordability

The West Australian

Property prices will grow an average 8 per cent in 2025, according to five top forecasters, with one foreshadowing the median house value will be close to $1 million by the end of next year.

The forecasters have rejected recent claims that Perth property has hit a wall, saying the rally is far from over despite the growth rate slowing by half.

It follows a 20 per cent increase in Perth property values in 2024, making it one of the most prosperous years on record for the Perth housing market.

Visit The West Australian to read the article in full.

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