available in Perth
It is shaping up to be the year of the buyer as favourable market conditions create an opportune time for investors in Western Australia.While capital growth is widely tipped to be moderate in the Perth property market for the year ahead, the next 12 months will provide a good platform for investors to build their property portfolios for several reasons.Firstly, we can be confident that finance will remain cheap as interest rates stay at record lows. The large majority of industry analysts are predicting that the Reserve Bank of Australia (RBA) will not hike rates this year.Secondly, we have seen a 28% increase in housing stock available in Perth over the past year with the number of listings surpassing 13,000 at the end of 2014.This provides investors with a much wider choice and buyers are more likely to find a better suited property to their needs.Thirdly, given the softer outlook for the Perth property market, many buyers will delay their decision to acquire a dwelling until condit