Investors eye regional Western Australia as yields take centre stage
As proposed tax changes push investors towards new builds, regional Western Australia’s high yields and strong cash flow opportunities are attracting renewed attention.
Geraldton is among myriad regional towns in Western Australia attracting strong investor interest from around the country. (Image source: trabantos/Shutterstock.com)
The removal of negative gearing for established dwellings will have a range of differing implications for city and regional property markets.
In Perth
, where finding a neutral or positively geared established property can be challenging, the change is likely to see investors look to new builds. Generally, this will drive investors to Perth’s outer suburbs where the majority of land is available and more continues to slowly be released.Ironical…
