It’s time to study Crawley, the latest hotspot-in-waiting
Unless you’ve been living under a rock, you’ll know now is the best time to invest in Perth property since 2013.
All the signs are there. Low interest rates, affordable property prices, stabilising median rents. This is supported by REIWA’s latest Buy-Rent Index, which suggests if median Perth property prices rise by 2.9 per cent every year over the next decade, buying will be more viable than renting. And when you consider Perth’s annual house price growth rate has been 5.9% for the last 15 years, it’s easy to see why Perth property investors are rubbing their hands together.
In times like this, it pays to have your finger on the pulse when it comes to spotting those elusive prime property investment opportunities that fly under the radar. That’s why you might want to learn a thing or two about Crawley, Perth’s resurgent hotspot home to all new apartments for sale.
Crawley is an exclusive yet little known suburb nestled on the banks of the picturesque Swan River, with a modest population of just 3,106 residents. Those fortunate few, lucky enough to enjoy this rare locale are treated to stunning views across the Swan River to the Perth City skyline and beyond to the Darling Scarp. And with the state's oldest university, the University of Western Australia, as Crawley’s prized people-pulling asset, this is definitely a suburb more property investors should be paying attention to. Click here to read more.