Investor Activity SOARS in Perth!
Professionals Stirling Clark 2nd July, 2024 1 min read

Investor Activity SOARS in Perth!

๐—ง๐—ต๐—ฒ ๐—–๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐—ž๐—ฎ๐—น๐—ฎ๐—บ๐˜‚๐—ป๐—ฑ๐—ฎ ๐—˜๐—ป๐—ฑ ๐—ผ๐—ณ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฌ๐—ฒ๐—ฎ๐—ฟ ๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ

Investor activity in Perth is booming, with a significant influx of interstate investors entering the market. These investors, often with more financial leverage, are driving up prices and creating a competitive environment for owner-occupier buyers.

Corelogic’s recent data shows a 2% increase in Perth’s median house price for both April and May. To put this into perspective, a $600,000 home in Forrestfield has appreciated by $400 every single day during these two months.

As we enter tax season, it’s crucial to seek advice from a tax accountant if you bought, sold, or leased a property this financial year. For our landlord clients, if you don’t have a current tax depreciation schedule, please contact your property manager who can arrange one for you.

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