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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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Property market update: Sydney, January 2021

Property market update: Sydney, January 2021
By Zarah Mae Torrazo
16 February 2021
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1 minute read
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There are now indicators suggesting that the rebound of Sydney’s property market is underway.
At the end of 2020, the NSW capital showed signs of recovery from a slump caused by restrictions and lockdowns put in place to combat COVID 19.
And it’s showing no signs of slowing down again anytime soon, having kicked off the new year with continued growth.
As such, experts are optimistic that Sydney’s property market will keep getting stronger in 2021, despite the battering of the COVID-19 pandemic. Solid job creation, rising consumer confidence and improving business confidence are growth factors seen to underpin the NSW capital’s property market in the coming months. ....

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