Lo­cal sub­urbs make list as best in­vest­ments

Southern Gazette (South Perth) - - News -

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.

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