Local suburbs make list as best investments
EAST Victoria Park and South Perth were identified as top suburbs for growth and profit according to an exclusive property report.
The Your Investment Property Annual Suburbs Guide ranks the nation’s top 100 suburbs with the highest potential for capital growth and rental returns.
The top suburbs were chosen based on factors such as affordability, capital growth potential, demographers and the local economy.
Significant changes including infrastructure devel- opment and urban renewal initiatives that could make a suburb more appealing also had an impact.
Your Investment Property editor Nila Sweeney said the guide was a valuable starting point for potential homebuyers looking to choose the right location for a profitable property.
“These are our picks for the areas with the best longterm investment prospects, following extensive research and analysis,” she said.
WA had 11 suburbs on the national list.