Australian property in Perth has been tipped as a good investment, especially if the home comes with land.
People with lower budgets should consider buying Australian property in Perth, as it will not break the bank, according to an expert.
Sebastian Lander, writing for the Daily Mail, said that thousands of Brits are attracted to the city each year, liking its laid-back lifestyle.
Gavin Hegney, of the Hegney Property Group, said: "The prices have probably finished dropping. Some areas have shown growth; others have yet to do so."
His comments follow a claim from the Real Estate Institute of Western Australia that house prices in Perth have climbed to pre-recession levels.
Mr Hegney added that the area will have a shortage of properties, which will put pressure on the market and lead to further price increases.
Another recommendation from the expert is to purchase Australian property with land, as this is likely to appreciate more.
It follows the news that Australian property is selling well at auction, with Australian Property Monitors saying that last weekend's figures beat the same period in 2009.
Posted by Steve Douglas
People with lower budgets should consider buying Australian property in Perth, as it will not break the bank, according to an expert.
Sebastian Lander, writing for the Daily Mail, said that thousands of Brits are attracted to the city each year, liking its laid-back lifestyle.
Gavin Hegney, of the Hegney Property Group, said: "The prices have probably finished dropping. Some areas have shown growth; others have yet to do so."
His comments follow a claim from the Real Estate Institute of Western Australia that house prices in Perth have climbed to pre-recession levels.
Mr Hegney added that the area will have a shortage of properties, which will put pressure on the market and lead to further price increases.
Another recommendation from the expert is to purchase Australian property with land, as this is likely to appreciate more.
It follows the news that Australian property is selling well at auction, with Australian Property Monitors saying that last weekend's figures beat the same period in 2009.
Posted by Steve Douglas
