House prices in Perth have now soared again to a record median of $742,390, the steepest quarterly increase in three years according to a new report released on Wednesday.
Domain’s House Price Report for the December 2023 quarter reported unit prices also continued to grow for the third consecutive quarter, producing the fastest quarterly gain since March 2021. For further information call easiloans.
At easinvest, we suggest this may well be the answer to rapid wealth creation or a debt/mortgage reduction strategy we have seen in decades. Perth is more affordable than the eastern states and has a huge unsatisfiable thirst for rental properties pushing rental returns up to levels never seen.
Now or Never!
Given the current market conditions in WA, the time has never been better to invest in WA property, the numbers don't lie.
Whilst all boats rise in the tide, there are actual differences in property and why you would buy one over another.
Affordability is paramount to stress free investing. Our preferred vehicle is Dual Key / Occupancy properties due to the double income.
Rental demand in WA is at critical levels. There are less than 1% of rental properties available. Never has the pressure for rental housing been so severe. This translate to excellent returns for Investors and this trend will go on for many years ahead.
What is a Dual Key Property
Dual key / Occupancy property refers to a residential property that is designed to accommodate two separate and self-contained dwelling units on a single lot of land. These dwellings are typically connected by a common wall or structure, and each unit has its own separate entrance, living spaces, kitchen, bathroom, and bedrooms.
Benefits of Dual Key
Unlock the potential of Dual Key/Occupancy homes, designed to maximise rental returns. Follow the link for further information.
Gibbings Property Pty Ltd (ACN 632 178 637) t/as easiloans is a Licensed Finance Broker and an Authorised Corporate Credit Representative (CRN 50869) of Vision Aggregation (ACL 388570).
Disclaimer: easiloans does not provide financial advice and encourage you to seek advice from a licensed Financial Planner or your Accountant.
Servicing - Western Australia Victoria Queensland South Australia Northern Territory Tasmania New South Wales
Gibbings Property Pty Ltd (ACN 632 178 637) t/as Easiloans (Australia) is an approved Licensed Finance Broker
and an Authorised Corporate Credit Representative (CRN 50869) of Vision Aggregation (ACL 388570).