one of the most respected valuers in town predicted up to 20% growth in the Perth market this year and tipped mandurah as an area of continuing captial growth (a lifestyle hot spot basically). it is also the fastest growing region in australia. it is also very nice!
many would argue that significant capital growth to date means you are buying into a market that has already had a good run (the ol’ how far can it go theory), so it depends….
check your rental yields too, whilst they are growing rapidly they are still likely to be highly negative
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