• Eleven suburbs have joined the $1m median house price club as values continue to climb in Perth.

  • Ridiculous growth – Properties that were $200,000 are now $450,000 in 3-4 short years

  • Average rental yields of 5% for new and existing properties. Yields for comparable properties on the East Coast are now averaging 2%. In simple terms, It’s great bang for your buck.

  • A relatively low price point allows for much larger capital gain potential, and keeps your debt low. This is a must as interest rates continue to accelerate.

  • 1 in 10 Young Australians are moving to Perth due to its relaxed lifestyle – Mind you, this is interstate migration, not overseas migration…

  • Overseas migrants and skilled visa holders are looking to live in Perth permanently due to favourable migration legislation.

  • Perth is much more attractive to Asia from a proximity point of view – Much shorter flights to Bali, Singapore, Sri Lanka, and India.

  • COVID-19 remote working boom – Perth time zone is a huge benefit for remote work, as Asian and European time zones are much more in line with Perth when compared to the East Coast.

Here’s a property for sale in Perth…

  • Price: $340,000

  • Rent: $450 p/week

  • Address: Just 40 minute from Perth CBD

  • Build Date : 2015 – 7 years

  • Land size: 206 sqm

  • Bed / Bath / Garage: 3 / 2 / 2

  • Rental Yield : 7%

  • The property is centrally located, with multiple shopping centres located in close proximity, including:

  • The Beach just a 5 minute drive or 3km away