2022 Perth Property Investment Guide

2022 Perth Investment Property Guide

The Australian housing market has performed surprisingly well over the past few years, in spite of a global pandemic. Compared to the astronomical growth in other states, the Perth market has underperformed, however, it is expected that Perth will follow suit now that the ‘hard border’ has been removed.

With the state reopened, what can we expect from the property market in 2022 and what should you be on the lookout for when getting started?

Investing in the right place at the right time

Things are looking bright for Australia’s fourth-largest city; the Perth market is one of the best-positioned markets nationally at the moment. Not only does WA boast the lowest unemployment rates, but they also have Australia’s lowest property prices and a very tight rental market – meaning not enough rental properties available for tenants. This makes it a great opportunity for savvy property investors. Now that Perth has re-opened to domestic and international travel, there is expected to be an influx of migration to the state with people drawn to its employment opportunities and affordable property market.

The laid-back coastal vibe of Perth, coupled with its stable position as one of the world’s most liveable cities, is a big motivator for people to relocate to this beautiful city. Because of this, affordability is likely to become an issue in the next decade. 

All of these factors combined, makes Perth property investment an enticing option.

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