It’s the million-dollar question we hear every day and while we can track trends and crunch the data, let’s face it – no one has a crystal ball to predict the future with 100% certainty.
But here’s what we do know based on what we’re seeing right now:
Inventory Surge: The later months of 2024 saw a significant rise in property listings, particularly in the City of Kalamunda, where listings have doubled compared to earlier in the year. This influx has created more options for buyers and opened up stronger opportunities for subject-to-sale offers to succeed.
Predicted Growth: While WA property prices are still tipped to increase in 2025, experts are forecasting a more moderate rise of 5-10%. The potential for interest rate cuts could enhance buyers’ borrowing capacity and drive more competition in the market.
Our Big News: We’re thrilled to announce that our Professionals Stirling Clark family has grown, joining forces with LJ Hooker Kalamunda. With our new Kalamunda office officially open, we’re ready to provide even greater service and expertise to the community! (And yes, we think they look great in red too!)
For the full details, CLICK BELOW;