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Light at the end of the tunnel for WA rental market as investor finance levels increase 164 per cent

Posted by admin on June 9, 2021
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Investor finance in Western Australia increased 164 per cent in April 2021 compared to April 2020, according to the Australian Bureau of Statistics (ABS), which is good news for the state’s rental market.

The latest ABS statistics revealed investor lending in April 2021 was $453 million, up 164 per cent from $171 million in April 2020. This is on top of the March 2021 improvement, which saw investor finance come in at $441 million, up 94 per cent from $227 million in March 2020.

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Brendan Bowie has specialised in property sales, marketing, and leasing for more than 20 years. As a City of Belmont resident with a great knowledge of the local area, Brendan’s strategic and innovative property marketing approach, coupled with a strong networking focus, consistently yields quality outcomes for his clients.

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