Next Move Real Estate

HOME OPEN | TOWNHOUSE IN RIVERSIDE LOCALE
📌4/390 Mill Point Rd South Perth

3 Bedroom | 1 Bathroom | 3 Car | No Strata
New Price: Offers in the $900,000's

Home open Sat 6th June at 10am

For more property details:
https://www.nextmove.com.au//property?property_id=1770266

Contact: Michael Allen 0438 179 758
[email protected]

MARKET UPDATE | MAY 2026

The Perth property market is evolving, with more homes now available for sale across the city. There are currently 4,601 properties on the market in Perth - 25.4 per cent more than four weeks ago. A rise in interest rates and the recent Federal Budget are also contributing to shifts in the market landscape.

Budget, Capital gains tax changes
The existing 50 per cent capital gains tax discount will be replaced with an inflation-adjusted method from July 2027. From then, any gain will be taxed at minimum rate of 30 per cent.

Budget, Negative gearing
The ability to negative gear a residential property and offset against other income will be limited to new dwellings from July 2027.

Buying, Selling, Leasing, or Wanting to know more?

Request your free suburb report, or property appraisal, or contact us today for a friendly discussion.

Move Real Estate: https://www.nextmove.com.au/market-appraisal

Michael Allen | 0438 179 758
[email protected]

Meagan Xanthis | 0414 953 506
[email protected]

Another happy client!

We’re delighted to share this wonderful review for our real estate services. Helping our clients achieve great results and seeing them happy with the outcome is incredibly rewarding. Thank you for your trust and support!