AUSTRALIA, Perth (November 2010) – Western Australia is seeing a rise in sales of real estate according to Moving Christians, a real estate company in Perth. The increase of real estate sales has increased quite significantly this year.
In July of 2010, Australia totalled over $200 billion dollars in real estate sales. Perth, a town in Western Australia, accounted for $1 billion dollars of the total Australian real estate sales. Five suburbs in Perth topped the list of the highest sales in Perth contributing to the total $1 billion dollars.
Dalkeith sold over 70 homes in Perth and earned a median price tag of $2.7 million dollars. Cannington was another contributing suburb, but this suburb sold over 400 real estate properties in this area of Western Australia. The average house price in Cannington during this time was a half a million dollars.
The other three Perth suburbs which factored into the overwhelmingly large amount of real estate sold are Mosman Park, Cottesloe, and Nedlands. The first two suburbs listed brought in a little over $202 million dollars each whilst Nedlands brought in just a little below this at $178 million.
The high amount of real estate sales in Western Australia are a result of high priced and high valued homes in these areas. Many homes are listed for at least 1 million dollars if not more. This area is a highly coveted area because of the proximity to Perth’s most popular beach. The location of Perth is another reason for the high number of real estate sales. Perth is located near major highways which allow commuters easy access to the city.
Moving Christians is a real estate company with an office in Western Australia which closely monitors the real estate perth market. This company assists families in making sound real estate decisions regardless of whether it is a purchase or a sale. Agents at Moving Christians anticipate the market in Perth to stay as consistent as it has been in the past years, if not climb slightly. Perth is a well sought after city and many residents who come from the UK or other countries often end up in Perth.
Even with the current real estate market countries throughout the world are faced with, areas in Western Australia have seen an increase in the number of sales as well as an increase in value. This trend is anticipated to continue into the future.
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