Investors swoop on Perth property market
November 21, 2019
Investors are flocking in to Perth to take advantage of the weakened property market as low interest rates and exceptionally low house prices serve up buyers with amazing investment opportunities.
“There has been a small return of investors from outside Perth” said REIWA president Damian Collins, “Bargain hunters are buying properties where they can get a decent yield with interest rates being low, meaning investment properties are usually neutral or positively geared.”
If you’re a new home buyer, an investor or looking to downsize then click here to look through our many prestigious developments. Griffin Projects Group pride ourselves on delivering stunning high quality boutique developments in sought after suburbs.
Read Our Other Articles
Retail is on the rise for WA
WA’s retail industry has officially had its strongest quarter of growth in over 6 years thanks to families fleeing...
Perth’s housing market jumps into 2020 with positive growth
Perth’s housing market has kicked off positively with home values set to rise by 6% this year according to predictions...
Property prices boom in Melbourne and Sydney
Developers have been pushed to start bidding for housing project sites again as property prices have increased by a...
Construction industry showing signs of recovery
Employment in construction has risen 1.5% in WA since the COVID-19 trough in April with data from the Australian...
Key indicators of Perth’s recovering property market
Perth’s tightening rental market combined with strong population growth provide two of the best key indicators to date confirming...
Critical minerals put WA on the map
A previous post covered the USA’s interest in WA’s critical minerals. https://griffin-group.com.au/news/potential-usa-trade-deal-to-create-6000-jobs/ Another recent article in The West touches...
Australia Paving the way to economic recovery
Australia is paving the way for the world out of the COVID-19 induced recession, however the Organisation for Economic...
BUYER FRENZY FOR 2021
Buyers are racing right now to get on Perth’s property market ladder. Last week a home open in Carine...
DEMAND FOR WA’S NEW HOME INCENTIVE SOARS
The Western Australian $20,000 new home incentive has been so popular that even Premier Mark McGowan believes he will...
APRA finally relaxes loan serviceability conditions
Potential home buyers will be able to breathe a little bit easier after APRA’s (The Australian Prudential Regulatory Authority)...