Western Australia’s heated housing market has been summed up in one picture — and it’s a nightmare sight for buyers. Taken at an open house for a modest three bedroom, one-bathroom property in Ballajura, in Perth’s northern suburbs, a huge number of prospective buyers were pictured gathered out the front waiting for their turn to inspect the home, with cars packing the street.
In the end, she was able to put a whopping 39 offers to them. “The lowest was $430,000 — and from there they go up and up and up,” Dekkers said. “The owners were ecstatic.” A snap of the home open was shared on Reddit, where people said similar scenarios were now a common sight at home opens across the city. “I went past one for a unit in Carlisle yesterday. Was even more insane,” one user commented.
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