Investor strategies key to striking it rich in Perth's property goldrush
Perth's property market is arguably the hottest in Australia right now and with many homes selling in ten days or less, employing the right strategy could be the difference between investor success and missing out.
This gold coin from the Perth Mint would buy a home in suburbs such as Winthrop, Highgate, Leederville, Burns Beach, Fremantle, Carine, Hillarys and Burswood, all of which this year saw their median house price break through the million dollar mark. (Image source: Shutterstock.com)
Perth’s investment potential extends beyond buying shares in the mining companies, with the Western Australian capital stacking up as a solid real estate investor target for the rest of 2023.
While strong population growth and infrastructure investment is putting pressure on the housing market, gold can still be struck if you know where to look.
In years gone by, Perth’s relatively high vacancy rate has been a concern for investors but accordin…
