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Western Australians want to buy more property

People in Western Australia are keen to buy property within their area.

Western Australians are being enticed by the country's property market as new research finds that 491,000 of them are looking to move in the next three years.

The Australian Bureau of Statistics' (ABS) 2012 WA Housing Motivations and Intentions Survey revealed that 73 per cent of people hoping to buy were looking to get a separate house or apartment.

Yet few intend to move out of the area as only nine per cent said they had intentions of moving interstate or overseas.

David Waymouth, ABS director of WA State and Territory Statistical Services, who outlined the findings found that nearly half of people planning to move wanted to stick to a familiar area.

He said: "42 per cent of future movers within WA indicated familiarity with an area was a strong influence when choosing their future location."

The fact that people are not intending to leave WA is unsurprising as Australia is known to be an appealing area for people to move to. Often people from outside the country are drawn to it due to its lifestyle and climate.

Posted by Craig Francis 

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