Good Time to Buy in WA by Damyn Strang
Is now a good time to buy in Western Australia?
Whilst I don’t have a crystal ball, I believe it’s a great time to build a new home in Western Australia. There are a number of reasons why.
Cost of money is the first, Interest rates are at record lows so there has never been a better time to borrow.
Another reason, is the property cycle. If you look at all of the statistics, it appears that Perth is at the bottom of that cycle, meaning it should be only positive from here on in.
Furthermore, most land developers are being very realistic on price and there are exceptional offers with even discounts on the table with regards to land.
Finally, the cost of building is super competitive. What I mean by this, is bang for buck. Builders are giving you greater inclusions with every brand new home.
If you’d like more information, please call Damyn