Investors flocking to Western Australia’s booming property market
Capital growth, high rental yields and a strong economy have ked to new investor loans in Western Australia soaring.
Property investment activity in Western Australia is exploding. (Image source: Shutterstock.com)
Western Australia is quickly cementing its place as a hotbed for property investors, with a combination of affordability, strong rental yields and a booming local economy driving an unprecedented surge in investment activity.
Recent data from the Australian Bureau of Statistics (ABS) highlights this trend, showing that in August, WA recorded 2,587 new home loan commitments by investors—a 32.4 per cent increase from August 2023.
This growth plac…
