The financial planners in our Perth office are experts at working with investors who want to use real estate as their prime investment vehicle. Combined with our mortgage broking, we offer a one-stop shopping solution for real estate investors.
However, rising prices in Perth and all capital city markets have caused many to not be able to invest. With standards on investment loans being tightened, leaving the Perth market for regional WA is an increasingly attractive option for property investors.
There are two factors at work here. The price point that provides entry into the market is the first consideration. The second is capital growth. While many Perth suburbs are still providing great capital growth, there are some incredible opportunities in regional WA, too.
Here are five great regional WA suburbs for investors.
Glenfield
Glenfield is located 8 km north of Geraldton. The median home has four bedrooms and sells for $437,500. It has provided an annual capital growth of 23.7%.
Yalyalup
Yalyalup is located 220 km south of Perth: a 2-½ hour drive via Route 2. The median home has four bedrooms and sells for $445,000. It has provided a 14.5% annual growth.
Dalyellup
Dalyellup is also on Route 2 and is a little closer to Perth: 180 km. The median home has three bedrooms and sells for $372,500. Dalyellup has provided an annual growth of 14.1%.
Abbey
Abbey is 232 km south of Perth, also along Route 2. The median home has four bedrooms and sells for $610,000. While this is a bit expensive for those who feel shut out of the Perth market, investors who can afford to buy here will be happy with the 10.4% annual growth experienced there.
Pinjarra
Pinjarra is closer to home: only 86 km from Perth. The median home in Pinjarra has four bedrooms and sells for $399,000. Pinjarra has provided an annual growth of 8.5%.
Call the Most Trusted Financial Planners in Perth
The first thing to do if you would like to invest in property, within the Perth market or in regional WA, is to find out about all of your options. To learn more or for an individual consult, call Purely Finance today: (08) 9453 8888.