Investors rejoin Perth market

Investors rejoin Perth market 29 July 2021 Matthew Hughes Matthew Hughes, Managing Director at Capital Property Advisory July 29, 2021 In recent years, owner occupier buyers have dominated the Perth housing market, however changing conditions have seen investors begin to seize attractive opportunities. With property values rising much faster than incomes, low-income earners and first home buyers will eventually be priced out of the market; however, to date we have seen first home-buyers leading the charge in Perth, accounting for a nation-leading 36.3% of all owner-occupier transactions. At the same time, however – with continuing low interest rates, rental scarcity and growth in rental values – investor lending is up by nearly a third between the first and second quarters of 2021. The median rental price has climbed 16.7% in the past 12 months – second only to Darwin in terms of capital city rental price growth. It is clear that many astute investors are taking advantage of Perth’s opportunistic buying environment and its potential for growth and above average yields. Local investors can currently earn significantly more in the Perth property market than they can in other asset cl

Matthew Hughes, Managing Director at Capital Property Advisory July 29, 2021 In recent years, owner… Read Article

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