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Perth apartment market correction a warning for east coast markets

Updated

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Correction: An earlier version of this story said 1 in 5 Finbar apartments fail to settle and require legal action. The correct figure is 1 in 20 or 5 per cent.

In Melbourne the prices investors are getting for apartments in the secondary market are beginning to cool.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/perth-apartment-market-correction-a-warning-for-east-coast-markets-20160401-gnvpz6