Kwinana ranked the quickest FHB path to house ownership in Greater Perth: Domain

Kwinana ranked the quickest FHB path to house ownership in Greater Perth: Domain
Kwinana ranked the quickest FHB path to house ownership in Greater Perth: Domain

The quickest path for first home buyers to purchasing a house in Greater Perth is Kwinana, according to a report released this week by Domain.

 

Greater Perth is the second most accessible capital city in the nation for purchasing a home with a relatively low entry price and quick path to purchase.

Domain stated, “softening market conditions in Greater Perth has made the path to home ownership quicker for houses and units".

"First home buyers are making the most of purchasing conditions, with the state having the highest proportion of entry-level buyers of all the states and territories in Australia."

Indicative of Kwinana's price potential, 6 Meridian Way, Kwinana (pictured above) a three bedroom, two bathroom house sold for $282,000 four months ago. It fetched $300,000 in 2010.

It is a month quicker to save for an entry price house deposit compared to last year, and two months quicker for entry price units.

Mandurah is the quickest way to unit home ownership.

Tags: 
Housing Affordability Kwinana

Comments

Be the first one to comment on this article
What would you like to say about this project?