East coast investors creating two-speed Perth property market
The massive influx of interstate investors into Western Australia's property market has helped to fuel a two-speed property market, creating hazards for prospective buyers.
Avoiding the slow lane in Perth's property market landscape now requires some astute judgement and research. (Image source: Shutterstock.com)
The latest data from Lendi reveals that 37 per cent of all property transactions in the Perth metro area are being made by buyers from Australia’s east coast.
This surge in interstate investment is reshaping Perth’s housing market, potentially creating a two-tier system, where some areas experience unsustainable price growth that will feel the pain when the investment money dries up.
A two-tier property market occurs when certain suburbs experi…
