Drive the inner-city corridor and the same buildings keep appearing: three-storey salmon brick walk-ups behind tidy lawns, cream brick towers…

Even in a market that has already run hard, some of the best buying in Perth is hiding in plain…

The one bedroom flats of Mount Lawley and Highgate and the two bedroom walk-ups of Maylands have told the same story three times in thirty years. Here is the whole cycle, and the lesson in it.