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Perth vs Brisbane: Similarities and differences in Australia s hottest markets

Perth vs Brisbane: Similarities and differences in Australia’s hottest markets By Momentum Wealth 24 February 2021 | 1 minute read SHARE Promoted by Momentum Wealth With Perth and Brisbane’s property markets touted to outperform in 2021, Momentum Wealth’s property experts look at the key underlying differences between the two investment locations. Touted by industry experts and economists as the two capital city markets expected to outperform in 2021, PerthPerth, TASPerth, WA and Brisbane continue to draw the attention of property investors. As Sydney and Melbourne’s rental markets slowed during the COVID-19 pandemic, investors in these markets are beginning to explore cities outside of their home market for their next investment.

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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