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Invest in the West

The most affordable capital city in Australia.

Expand your portfolio and invest in WA

Any property investor knows the value is in the location, so with its coastal lifestyle offerings, family-friendly infrastructure and famous warm weather; it’s easy to see why Western Australia is an easy choice for the 2.7 million people who live here. 

After all, Perth was ranked #6 as the Most Liveable City in the World (ahead of Melbourne ranked #9 and Brisbane ranked #10).

Over the past two years, WA experienced the strongest economic performance in the nation throughout the pandemic, yet still remained the most affordable capital city in the country to build and buy property in.

With the economy holding strong, Perth has become the place to be, with potential buyers and investors actively trying to get into the market.

The Bankwest Curtin Economic Centre found that home loans for WA investors have risen by more than 55 percent over the last year alone.

Perth’s rental vacancy rate has been declining over the past five years and is currently sitting at 0.5%. This has led to rent levels rising 12.5% over the past year.

And with Perth’s increasing employment opportunities, fast-growing population paired with its moderate supply levels leads us to believe that Perth’s rent level will continue to surge over the next 12-24 months.


As of June 30, 2022

  Annual Increase Median House Price
Sydney 5.99%

$1,110,660

Melbourne 3.1%

$798.198

Canberra 16.3%

$937,568

Brisbane 25.6%

$784,826

Perth 5.8%

$558,644

 

Interested in investing? Chat with one of our investment consultants who can help get you started. 

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WA's booming economy

In 2018-19, Western Australia's gross state product was A$260.6 billion, making it the nation's most productive state. According to Deloitte WA has bounced back from the lows of 2020 strikingly well.

WA's unemployment rate is also the best performing in the country and well below the national rate of 3.9 per cent. No other State has ever achieved an unemployment rate below three per cent since current records began in February 1978.

Whilst the average income for individuals in Australia sits around $89,122.00 (according to Salaries Australia), WA's average income sits above this at $98,420.00, the second highest in the country; making it an attractive opportunity for individuals who are ready to take advantage of a great opportunity. Industry sectors like Tourism, Agriculture and Logistics are excelling at the moment, in addition to the Oil, Mining and Gas industries which WA is known for.

Which builder do I choose?

If investing in property in WA is something you're considering, finding land and knowing which builder to choose can be a daunting task. Summit Homes Group has built more than 40,000 homes for Western Australians over the past 44 years.

A trusted name in the industry, Summit was awarded Most Professional Builder of 2021 (& 2020) by the HIA and MBA's Project Builder of The Year 2021 and 2022. 

You don't have to take our word for it though; at Summit we're Built Around PeopleYou can hear from our clients about their experiences here

If you'd like to speak to a specialist about your plans, fill out the form below and we'll be in touch soon.

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