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Some of Perth’s most shunned suburbs have had their prices lifted to levels that were unimaginable a few years ago. But now east coast investors have left the market, will there be a correction?
Census data has revealed the Perth suburbs where there are plenty of homes sitting empty. Credit: Getty Images Apartment-dense suburbs including Perth’s CBD, East Perth, Northbridge, Burswood ...
CoreLogic’s Pain and Gain report revealed in the Perth local government area, which includes the suburbs of East Perth, West Perth and the CBD itself, more than 18 per cent of sales lost money.
By far the most rented suburb in the top 10 was Seville Grove, in Perth south-east, perhaps owing to its affordable rental price. It costs an average of just $435 a week to rent in the suburb ...
A separate build with 70 new apartments has also recently been approved along Hay Street.. But despite this population influx, and other plans to revamp the inner-city suburb, there are so far no ...
Mr Singh said Perth’s suburbs offered property investors value for money that was largely unavailable on the east coast, while the city’s undersupply of homes was pushing prices higher.
Perth is defying national industrial market trends, setting record low vacancy rates as east coast markets struggle.
The once overlooked south-east locale secured the top spot on a REIWA list of 20 suburbs offering the best investment prospects, with outer areas dominating based on rental yield in the year to June.
But in Perth's south east, where suburbs are bursting at the seams and homelessness is rising, many are pleading for help right now. ABC News (AU) Homelessness rising in Perth’s south east.
WA Premier Roger Cook has confirmed 18 homes have been lost to the massive bushfire that swept across Perth's northern suburbs, while announcing relief payments for those impacted. An emergency ...