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Investors target Perth potential
Investors target Perth potential 14 February 2020 Matthew Hughes Article by Dan Wilkie Source: Business News February 14, 2020 Property investors believe Perth has the strongest potential for growth of any capital city in Australia during the next three years, according to a new national survey. The finding is the key takeaway from a survey conducted by property investment group Momentum Wealth , which quizzed 401 investors across the country. More than 60 per cent of respondents said Perth had the highest growth potential of any market in the next three years, while 37 per cent of respondents said it had the most potential over the next 12 months. Momentum Wealth buyers agency team leader Emma Everett said Perth’s combination of affordability, improving rental conditions and positive economic indicators were driving factors behind the increased confidence. The survey comes after a series of data releases that have reflected a positive outlook for Perth residential property. Last week, the Australian Bureau of Statistics revealed a rise in housing finance commitments in Western Australia, both in number and in value, up 4.5 per cent and 3.8 per cent in the December quarter, respect
Article by Dan Wilkie Source: Business News February 14, 2020 Property investors believe Perth has… Read Article