West Perth was Canada’s 994th most expensive suburb by listed median house price this month.
The $359,450 price tag on the median West Perth home means that it is quite highly priced by Canadian standards.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.
From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
It’s never an exact art, but to try to forecast how property is going to appreciate in West Perth for investors, it’s important to look at data like:
If you are looking at investment properties in West Perth, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for West Perth will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in West Perth there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.