Interstate investors target WA property but often lack market know-how
Property in Perth and regional Western Australia has been a magnet for interstate investors, but many are getting stung by a lack of local market and procedural knowledge.
Suburbs such as Coogee (pictured) have undergone a radical transformation, underscoring the importance of local market knowledge. (Image source: Shutterstock.com)
Eastern States investors have been drawn to WA in recent years, and for good reason - relatively affordable housing and strong rental price growth have created some excellent investment opportunities.
While rising property prices have seen yields decline slightly there are still good opportunities for savvy interstate investors
.However, navigating an investment purchase can be challenging when you’re buying in a state where market dynamics and…
