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Investors defy tougher lending conditions to bid in hot market

Property speculators trying to secure Perth real estate while still in quarantine highlights the growing demand from investors attracted by capital growth and strong rental gains.

Karen Firth, a real estate agent for Bourkes in South Perth, where property prices are among the nation’s fastest rising, says buyers from interstate and overseas, who are in quarantine in the city, are requesting brochures and inspecting properties online before bidding.

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Duncan Hughes was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/link/follow-20180101-p57jlu