Australian Property Investor Magazine
Perth’s affordable fringe suburbs are selling fast but soaring rents are still not enough of a lure to stop property investors from fleeing the market.
Houses in Perth’s outer suburbs are flying off the shelves in less than a week, as the most affordable properties in the country’s most affordable capital surge in demand.
With interest rates biting into the budgets of prospective property buyers, many families and first home buyers are taking their search for a home further afield.
Suburbs in Perth’s southern fringe in and around coastal Mandurah, as well as other outer northern coastal and inland eastern suburbs are selling fast and at higher prices than ever before.
To read the article in full, including comments from UDIA WA CEO Tanya Steinbeck, click here.