Apartment oversupply in Perth not so
A compatriot of ours, Y Research, recently presented a report to the Master Builders Association which demonstrates that the apartment vacancy rate across the study area was 3.8%, with some suburbs registering as low as 1%, while the REIWA's latest update in early February showed all homes across the metro had a vacancy of 4.2%.
This combined with the take up rates, especially in East Perth, demonstrates that demand for apartments remains strong.
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