Perth: 2024’s Top Investment Hotspot | Stellar Finance Group
The sunniest city in the country is also the most affordable—but not for long. Find out why smart investors are so focused on Perth in 2024. Here are five reasons why Perth should be at the top of your must-have list for an investment property: Western Australia’s economic and wage growth is the highest in the country. Perth’s population is now 80% higher than pre-COVID averages, creating significant demand pressure on the housing market. Perth is the most affordable housing market among all the major cities. A 0.6% vacancy rate means rent will keep rising, with a 12 to 15% increase forecast in 2023.Capital growth of 4 to 13% is forecast, with much more to come. Now, if you want more tips and tricks on all things property and mortgages, don’t forget to follow Stellar Finance Group
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