Western Australia’s Property Boom: A Strategic Investment Move for 2024
For property investors seeking high-yield opportunities, the spotlight is now firmly on Western Australia. In a remarkable shift, Western Australia has surged to second place, surpassing New South Wales as the preferred investment destination in Australia. The key player in this transformation is Perth, where dwelling values skyrocketed by an impressive 15.2% in 2023, marking […]
Discover Ellenbrook, WA: A Tranquil Oasis with Strong Community Spirit and Promising Growth Opportunities
Median house price: $511,500 (Feb 2023 – Jan 2024) Past 12 month growth: 13% Median house rental value: $550 PW ((Feb 2023 – Jan 2024) Transport: Car, train, bus Population: 22,678 (2016) State: Western Australia Location: 23km from Perth CBD Ellenbrook, situated in Western Australia, offers a harmonious blend of urban convenience and natural tranquillity. […]
How Falling Inflation Benefits Property Investors
In the ever-evolving landscape of property investment, staying informed about economic indicators is crucial. Mirren Investment Properties, committed to providing valuable insights, delves into the latest inflation data and its implications for property investors. CoreLogic’s Head of Research Eliza Owen breaks down the numbers, revealing a potential wave of opportunities for savvy investors. The Good […]
Investing in Australian Property: Insights from 2023 for Prospective Investors
The Australian property market showcased resilience and opportunity in 2023, with the CoreLogic national Home Value Index (HVI) recording an impressive 8.1% surge in home values. While this marked a significant turnaround from the previous year’s decline, it was below the extraordinary surge seen in 2021. Throughout the year, the market exhibited diversity, with various […]
The Ascending Trajectory of Australian Property Prices
The Australian real estate market has been witnessing a sustained surge in property prices, marking an ongoing trend that raises pertinent questions about the future trajectory of the housing market. At Mirren Investment Properties, we delve into the driving forces underpinning this upward momentum and explore why this trend is likely to persist in the […]
Seven Core Principles of Property Investment
Investing in properties is like navigating a complex puzzle; every piece, every decision, matters. At Mirren Investment Properties, we understand the significance of these choices and are here to guide you through the core principles that can help you unlock success in property investment. Long-Term Vision Property investment is not a get-rich-quick scheme. It’s a […]
Migration: A Key Driver of Property Demand in Australia – A Mirren Investment Properties Perspective
At Mirren Investment Properties, we have been closely monitoring the remarkable resurgence of the Australian property market. The property prices are soaring, defying expectations despite interest rate hikes and economic uncertainties. In this article, we provide a perspective on how migration is emerging as a fundamental driver behind the surge in property demand in Australia. […]
Brisbane’s Property Market Forecast for 2023-2024
The Brisbane property market has embarked on a promising journey, transitioning into the recovery phase of the property cycle. Notably, it has witnessed seven consecutive months of growth in median property prices, setting a positive tone for the coming years. As we delve into the prospects of Brisbane’s property market for 2023-2024, it becomes evident […]
Western Australia’s Population Growth: A Strategic Perspective
At Mirren Investment Properties, we are closely monitoring the dynamic landscape of Western Australia’s property market. Recent developments have highlighted a significant surge in population growth within the state. According to the Australian Bureau of Statistics (ABS), WA’s population has seen remarkable growth, reaching 2.855 million residents as of March 2023, with a growth rate […]
Property Investment in Ravenswood, WA
Median house price: $470,000 (Sep 2022 – Aug 2023) Past 12 month growth: 11.9% Median house rental value: $450 PW (Sep 2022 – Aug 2023) Transport: Car, train, bus Population: 2,630 (2022) State: Western Australia Location: Peel region of Western Australia Nestled along the banks of the majestic Murray River in the heart of Western Australia, […]