How good is investment in Perth?

Question

Hi I am planning to buy some land in perth for investment purposes. Does anyone has some suggestions? Thanks.

Answer 1

There is a guy who is selling his whole life on EBAY in June, just buy that.  You get his house, car, motor bike, job, friends,and everything that comes in his house.  UNREAL stuff right there in Perth.

Answer 2

Perth currently has a booming economy with a 10% annual growth rate, so it sounds like a good place to invest.

A lot depends on whether you plan to invest for residential or commercial purposes.

A good medium- to long-term strategy would be to note the direction that development has spread over the past several years and buy undeveloped land in an area that is next on that line.

Buying underbuilt property is another good strategy (such as a single family home built on land zoned for apartment buildings, or a small shop built on land zoned for high rises).

Buying undeveloped land between established developments is also good. Someone else has already done much of the work in getting traffic to you.

Also, don't underestimate the power of easy connections to major highways and mass transit hubs.

Answer 3

very good