top of page
Search

It's the Perfect Buyer’s Market in Perth

Updated: Jan 16



What does 2021 hold for property investors? The Sydney and Melbourne markets have had their season of growth for this property cycle and 2021 is going to be a great year for picking up properties in WA and preparing for an increase in the market here.


“The time to get interested is when no one else is. You can’t buy what is popular and do well.”


These are the words of Warren Buffett, one of the greatest investors of all time. If we apply this school of thought to the current property market in WA … it’s time to get interested in Perth right now.


We have watched with interest when Perth experienced a positive month in January 2021, but we wanted to see it sustained for at least 3 months in order to show a new trend. This is the first positive quarter Perth has experienced in a long time and could be a very significant turning point.


Once you start reading about the Perth property market rising and it becomes ‘popular’ again, you will already be 3 or more months behind. If you don’t want to be left on the beach holding an oar while the rest of us ride the next property wave in WA, now is the time to get your feet wet and buy at the current prices, then sit back and wait for the wave.


Astute investors in the Eastern States are starting to look to the West for properties displaying good rent ratios.


The best time to buy is at the bottom of the property cycle OR when it bounces back and heads north. Our experience shows that this is now…. prices have been soft for several years and only shown signs of recovery in early 2021.


Acting in a counter-cyclical fashion takes intestinal fortitude but that is when you will create your wealth.


There is no doubt that the market here in Western Australia has suffered since 2008.


Our observations of the market suggest that things will start to improve in 2021 – this means that the market sentiment will start to shift and prices will begin to increase even more.


Due to low interest rates and high rents, you should be positive or neutral cash flow on most properties right now, to find out if you are follow these first steps to property investing..


There are 4 steps to SAFE and EASY property investing, first complete an Enquiry Form and we'll attain your Borrowing Capacity. Then we'll do a FREE Computer Analysis on one of our properties. This will show you what your finances will look like when you purchase an Investment Property.




5 views0 comments

Recent Posts

See All
bottom of page