Perth’s housing market has yet to feel the impacts of the cash rate hike in May as it was able to outperform the bigger cities in terms of price growth.
CoreLogic data showed a 0.6% monthly gain in Perth’s median dwelling value in May to $525,000.
According to Real Estate Institute of Western Australia, 64 suburbs recorded price gains in May, contributing to the strong period for the whole state.
Sunrise Correspondent explains which suburbs have been impacted the most.
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