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New data reinforces Perth’s investment opportunities
New data reinforces Perth’s investment opportunities 19 August 2022 Matthew Hughes Article by: Tanya Steinbeck Source: Australia’s Property Investor August 15, 2022 Conditions are ripe for investment in the Perth property market, which still holds the mantle of one of the most affordable capital cities in Australia. While the markets in the likes of Sydney , Melbourne , Canberra , Brisbane and even Adelaide are getting further out of reach for many buyers as prices, rates and inflation escalate, the Perth market is still providing strong yields for investors. While Perth has a range of opportunities across the housing spectrum, from greenfield estates through to high density apartment projects, new outer suburban residential land markets have emerged as an attractive investment option, according to the latest figures from UDIA WA’s Urban Development Index . The index is based on a survey of the major land developers that are active across the Perth metropolitan area as well as in Peel on the southern outskirts of the city and the regions. The June quarter 2022 Urban Development Index shows that prices have remained steady in Perth’s new land market over the last few years despite t
Conditions are ripe for investment in Perth, which still holds the mantle of one of the most affordable capital cities in Australia.