Regional WA’s property boom
Choose your dream location
If you are wanting to build in regional WA, do you know where you can get the best value for your property? Browse our build locations from Albany to Esperance.
With regional WA property values and rents growing steadily, a number of factors nudge the regions further into favourable places to build and live.
Build a home, make a lifestyle
The good news is that several regional areas are performing really well, so no matter where you’ve been dreaming about putting down roots, you’re making a smart move.
Albany was this quarter’s second-highest performer, slipping just slightly from its top spot last quarter. However, with its median house price rising 2.1 per cent to $480,000, Albany is still a perfect spot to build.
Next up we have Bunbury (up 1.2 per cent to $430,000), Busselton (up one per cent to $680,000), Esperance (up 1.8 per cent to $420,000), Geraldton (up 1.4 per cent to $375,000), Kalgoorlie (up 0.7 per cent to $347,500) and Karratha (up 1.5 per cent to $558,500).
In the rental market, Esperance saw the most growth, with the median weekly rent increasing 26.9 per cent to $425. It was the highest quarterly change for the region since reiwa.com records began in 2007. As with all regional centres, rental conditions are very tight in Esperance, and the gap between supply and demand continues to put pressure on rent prices.
WA Country Builders: Building homes in the best-performing regional towns
So, we can see that regional WA is buzzing with opportunities, whether you’re building your dream home or investing.
With more than 30 years of experience in building across the state, WA Country Builders help people realise their new home dream in all regions as far north as Kalbarri in the Mid-West, to Esperance in the Great Southern and out past Northam in the Avon region.
As a true country builder born in the country, we are committed to providing local administration staff to look after you throughout the building process, committed to supporting local tradespeople and using experienced building supervisors to ensure the highest quality construction of your home.
With plenty of home designs to choose from for when you’re ready to build, we’re ready to help. Contact us.
Original source: The West Australian
