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Investors defy tougher lending conditions to bid in hot market

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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 is a Walkley award-winning personal finance reporter, based in our Melbourne newsroom. Connect with Duncan on Twitter. Email Duncan at duhughes@afr.com.au

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