WA Property News
In the world of property investment, cash flow is king. And right now, in Perth, there's a royal opportunity for investors, thanks to an incredibly low rental vacancy rate of just 0.7%. This tight market is creating an environment where rental yields are attractive, presenting a compelling case for investing in house and land packages in this vibrant city.
A Market Ripe for Investors
Reflecting the macro conditions, Perth's land sales market has seen remarkable growth over the past couple of years, with increased interstate migration, robust population growth, and a surging economy. However, one of the most eye-catching statistics is the plummeting rental vacancy rate. At a mere 0.7%, the demand for rental properties is significantly outstripping supply.
According to Darren Meakins, Director and Licensee of Land HQ wa, “The current tight rental vacancy rate means...
