WA border reopening to give Perth real estate market another boost
With Western Australia's border reopening expected to push house prices up further in 2022, Oscar Burke and Annabelle Nguyen feel they bought at the right time. The engaged couple purchased a three-bedroom property in Bicton, near Fremantle, in August. The riverside suburb ranked number one out of the top 10 growth suburbs in Western Australia in 2021 with a median sale price of $1.28 million, a 38 per cent jump from the previous year. CoreLogic's latest data shows home values in WA rose by 13.1 per cent in 2021 after rising 0.4 per cent in December to a median price of $520,000. "It was the right time to buy for us; I think if we had waited any longer we might not be in Bicton, we might have had to live further out," Mr Burke said. "It's not a great trend that many couples can't really afford to get into these areas, we feel really lucky to have done so. "It worries me that the prices keep going up because I really want to see younger couples be...