Considering investing in the Western Australia property market?
According to the Australian Bureau of Statistics:
- fixed investment home loans increased 3% per month
- owner occupied dwellings fell 3.4% in March
Two areas in WA, Craigie and West Perth, have been recognised as investment opportunities for potential property buyers.
Property buyers are encouraged to speak to their accountants for tax tips such as looking at claiming on fittings and fixtures that are added to properties:
- costs less then $300 can be claimed in full
- items valued between $300-$1000 can go into the low value pool
Watch the full property report video to see these, as well as an interview with David Borger, NSW housing MP, who speaks about the importance of sustainable living.