Western Australia’s soaring property are reaching median house prices well exceeding $1 million in some areas and over $880,000 state-wide.
First home buyers struggle to enter the market. First homebuyer stamp duty concessions are nowhere near enough for the qualifying thresholds.
Rental supply shortages have created record high prices. Renters are spending unsustainable portions of their income just to keep a roof over their heads.
The skyrocketing cost of living and housing makes it very difficult for local businesses to attract and retain essential workers.
May-2026
Bob Velev