Currently WA is an investor’s playground. The WA economy is in a lull due to a downturn in mining a couple of years ago. However, the market is beginning to show strong and steady growth and this looks set to continue for the long term future. Now is the time to build in WA, given the timing in the economy, coupled with builders in WA needing work. Builders are throwing amazing inclusions and prices at clients. What you can get for your money compared to anywhere else in Australia is unparalleled.
Given the current WA economy conditions, it makes far more sense to build to rent than it does to build to sell. The WA property market is slowly climbing back to a strong position with house prices slowly rising every year. However, it makes far more sense to build now and sell in a couple of years where you will gain a greater profit when the sales market is stronger. Building to rent is the aim right now. Whilst the house prices are low, rental income has remained steady. It makes far more sense to build to rent right now, given rental demands growing year on year.
This comes down to your budget. If you contact WA Property Developers we will conduct a full client brief and feasibility study to know all the ins and outs. Based on your responses, we can recommend an investment solution. We cater for all sorts of properties so you’ve come to the right place. If you are building for the first time, or if you are a savvy investor wanting to dip your toes in the WA market then we will focus around a single dwelling. If you’re a more serious investor wanting to make your mark in WA then we can cater for duplexes, triplexes, townhouses, multi-unit developments, apartments and commercial projects.
We have a standard specification that we apply to all of our dwellings. This includes everything from floor coverings to landscaping. This means the house will be ready to move straight into once complete. As soon as the last trade leaves, you or your tenant can move straight in! If you intend to rent out the property, we will arrange for one of our property managers to oversee the rental. If you intend to sell the property, we have a network of first-class real estate agents who are ready to sell your. With WAPD you won’t even have to visit WA to develop here.