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Perth Residential market update - November 2015

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Perth Residential market update - November 2015

The cash rate remained at an historic low of 2.00% in November after falling 25 basis points in May.

Greater Perth experienced 2.5% population growth between June 2013 and June 2014, led by the Forrestdale-Harrisdale-Piara Waters SA2 (21.8%), with the largest increase in the number of people being in Baldivis (3,510 persons).

Population growth is set to continue, with an annual rate of 1.9% projected out to 2021 for Greater Perth.

Source : Knight Frank

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Keywords : Knight Frank