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Collapse of Fortress WA a boon for property prices

With fortress WA being dismantled and new residents and migrants flocking to the state, the impact on an already buoyant property market is set to intensify.

Aerial image of the Scarborough Beach pool and the beach, looking to the inland east.
Scarborough is among the suburbs experiencing rapid rent price increases (Image source: Shutterstock.com)

With fortress WA being dismantled and new residents and migrants flocking to the state, the impact on an already buoyant property market is set to escalate.

While Sydney and Melbourne markets stall

, the residential property market in Perth is facing severe affordability challenges and an extremely tight rental market throughout Western Australia. The city’s vacancy rate has dropped to its lowest since December 2011.

According to the newly relea…

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