Perth's property values jump 24.3 percent as buyers drive competition

Perth's housing market continues to thrive, with property values surging by 24.3 percent in the year to March. Buyers are offering an average of $99,000 above asking price, causing homes to sell in just nine days. This trend contrasts with major cities like Sydney and Melbourne, where prices have begun to decline.

Summary by Glance · SBS News – Australia