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Posted:
2017-07-25 06:47:38
Land prices in Perth increased by 3.7 per cent in the June quarter, the latest sign of positive movement in the property sector, according to the Urban Development Institute of Australia WA.
The UDIA today said Perth’s average price for a block of vacant land was $232,348 at the end of June, up from $224,033 in the March quarter.
The increase put an end to three consecutive quarters of price reductions, the UDIA said.
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