Regional WA property hotspots outperforming Perth’s red-hot market
Property investors looking to diversify their property portfolio in a region delivering high rates of capital growth could turn their gaze towards Western Australia's high-performing regional centres.
Perth is regarded as the golden child of Australian capitals for property investors at the moment, but Bunbury in the southwest of WA is outperforming the more widely regarded state capital. (Image source: Shutterstock.com)
Property investors around Australia have converged on the Perth property market in the latter half of 2023 but some of the state’s regional centres are slipping under the national radar yet delivering similar or even greater price growth.
Perth’s median house price rose
1.8 per cent in the September 2023 quarter, however, the median house price in Bunbury rose 3.5 per cent to $445,000 over the same period. It was the top performing regional centr…
