Andy Nye Western Suburbs Property Market Snapshot April 2025 Edition

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That’s a wrap on the first quarter of 2025. School holidays – done, Easter – done, Anzac Day – done, Election – almost done. We now have clear air going forward with interest rates trending down and the market still strong due to high demand and low supply. Supply still sits at 4,764 properties, up 1,122 properties from 12 months ago and roughly 40% of what is considered a balanced market. In the rental sector, we have just over 2,000 offerings, representing 30% of a normal balanced market.​​​​​​​

Further highlighting the imbalance of supply is this graph produced by Momentum Wealth and those wishing to read the full report it’s available in this link Momentum Wealth Quarterly report

Regardless of who wins on Saturday, they are promising support, which means the capital flight to the safe haven of property will gain momentum.

CoreLogic’s National Home Value Index Report CoreLogic Home Value Index shows capital growth across Perth for the past 12 months to April 2025 at 10.0%.

Which begs the question “do you know what your home is worth today? ” Call me for a obligation free appraisal on 0450 763 331 if you wish to know.​

Don’t miss the train as those who are prepared and ready to move, will win the race. That’s it folks. For those of you thinking of selling or just wanting to discuss options here a little of why I’m your guy 🙂 Click  Andy Nye Selling Guide

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