Nine News Perth has put together a special report on the rapidly growing Perth property market and the investment forces from overseas driving the strong conditions for WA Property investors.
The report takes a look at the surge in foreign investment into the Perth real estate market in recent years. The trend is being driven by a number of Asian based investors, including wealthy Chinese investors.
A number of new homes, particularly units, are popular with Asian investors. These newly built properties are typically close to the Perth CBD and surrounding suburbs.
Australian property sales are up 46% in 2014, according to the report.
The reports notes that the “significant investor visa scheme” is also driving the demand for new Perth property.
Video: Perth’s property market is on the move, foreign investors behind the push
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