Growth factors for property investors

Sunday, 3rd Nov 2013

Homeowners can expect steady capital growth next year, with the Perth property market still in an “upswing phase”. Momentum Wealth managing director Damian Collins said “While the shortage of properties persists and interest rates remain low, I see continued growth in the market. Eventually we will see first home seekers decide it’s too hard to buy and stay in the rental market, which will take some pressure off. But until the number of properties for sale increases by a resonable amount, the market in Perth will remain strong.”