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WA buyer's agents report rise in interstate enquiry

Momentum Wealth WA buyer’s agents seeing marked influx in enquiry from interstate buyers Forecast growth and tightening rental market presenting dual opportunity for investors targeting Perth market Western Australian-based property investment consultancy, Momentum Wealth, has reported a significant rise in enquiry from interstate buyers as WA’s residential property market continues to heat up. This comes as Perth was revealed as the fastest growing major market across Australia in CoreLogic’s January Home Value Index, with prices up 1.6% across the month, and 3.8% compared to three months prior. Momentum Wealth Buyer’s Agency Team Leader, Emma Everett, said the rise in interstate enquiry, up 164% for the final quarter of 2020 compared to the same time the year prior, was a result of increased interest from investors, as well as buyers looking to re-locate to Perth following the COVID-19 pandemic.

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