The Real Estate Institute of Australia’s (REIA) president Hayden Groves expects Perth to become the nation’s top destination for local and international residential property buyers when Western Australia’s borders reopen. He cites factors such as WA’s strong economy, housing affordability and pent-up demand.
Meanwhile, property analyst Gavin Hegney expects Perth to become the third-most popular destination for international migrants once Australia’s borders reopen.
Based on value, Perth should experience stronger dwelling value growth than the other capital cities over the next one to two years.
