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Interstaters eyeing Perth's residential potential

Investors from outside Western Australia are sharpening their focus on Perth, with affordability, comparatively high rental yields and the potential for capital growth creating a surge in interstate enquiry.

Perth Skyline at sunset
An increasing number of out-of-state investors are looking for Perth for property prosperity. Photo: Agent Wolf / Shutterstock

Investors from outside Western Australia are sharpening their focus on Perth, with affordability, comparatively high rental yields and the potential for capital growth creating a surge in interstate enquiry.

Jennifer Wakeman, the general manager of property investment firm Momentum Wealth, said enquiry from outside WA was currently 108 per cent higher than at this time last year.

“The uptick in investor enquiry is being driven by the greater af…