Western Australia’s location, wonderful climate and encapsulation of Australian lifestyle have made it one of the most migrated to places in Australia, benefitting the property market greatly, as the last 12 months have shown with property prices skyrocketing 6.3% in units and houses.
The stunning capital, Perth, nestled between the Swan River is seeing a small decline in house prices, though unit prices have remained strong over the year, leaving unit leasing as a very promising investment option. The northern coastal town of Port Hedland has shown unbelievable strength over the year, where median house and unit prices have soared up 14.7% and 26.5% respectively.
There are various properties that property managers can take responsibility for, so make sure your agent has experience with your type of property; acreages in the coastal forests of Kalbarri may not benefit from an agent who deals with only metropolitan units.
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