- PERTH’S housing market might be struggling, but luxury apartments are red-hot.
While top-end suburbs have suffered the biggest price hits after the mining downturn, sales of high-end apartments are actually increasing.
And industry figures say with more wealthy buyers picking apartments over big mansions, Perth’s most elite postcodes can expect a rise in developments.
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Janine and Robert Waltman downsized from an acreage to twin apartments in Perth, side by side with their daughters Laura and Raffi. Picture: Daniel Wilkins