Been reading this forum for a while as part of my research into buying a second IP in Perth but first time I have posted...
Bought our first IP in Perth this time last year and keen to go again. At this stage, strategy is to buy and retain for capital growth. We have up to $500,000 to spend, house is preferable but open to options.
What are people's thoughts on some suburbs in Perth for good capital growth? I have been looking at a variety of suburbs north and south of the river but given the current heat of the Perth market I am wondering whether it would be better to sit and wait for the market to stabilise a little, not one to panic buy!!
Cheers in advance
Bought our first IP in Perth this time last year and keen to go again. At this stage, strategy is to buy and retain for capital growth. We have up to $500,000 to spend, house is preferable but open to options.
What are people's thoughts on some suburbs in Perth for good capital growth? I have been looking at a variety of suburbs north and south of the river but given the current heat of the Perth market I am wondering whether it would be better to sit and wait for the market to stabilise a little, not one to panic buy!!
Cheers in advance