WA Property Investment Hot Spots : Rockingham, Mandurah, Busselton Identified as Top in Nation.
Several WA Property Investment hot spots for 2015 have been identified by Hotspotting property analyst Terry Ryder, as part of a nation wide investment prediction snapshot.
Ryder suggests if you are serious about your property investing, you should look to ‘ugly duckling’ Rockingham as a big potential mover in 2015, as well as coastal darlings Busselton, Bunbury and Mandurah south of Perth.
“After a couple of solid years, Perth tapered off in 2014, although growth markets remain,” Ryder opined in a blog post on HotSpotting.com.au earlier this month.
Ryder identified areas like Rockingham, south of Perth and on the coast, as a high value growth area.
“There will still be momentum in 2015 in the cheaper areas like Rockingham,” Ryder wrote.
Further south, coastal towns from Peel to the South-West should be on every property investors radar.
“The regions south of Perth will be market leaders, including Mandurah, Bunbury and Busselton.”
Ryder also referred to figures from The Real Estate Institute of Western Australia, suggesting Busselton was No.1 for price growth in 2014.
Mandurah, however, was the pick of the WA Property Investment hot spots for 2015, he said.
“The regional center with the greatest head of steam is Mandurah.”