In a recent comprehensive study on the Australian real estate market, Bunbury has emerged as a promising investment destination within a 200km radius of the capital. The study, conducted by Suburbtrends and led by chief analyst Kent Lardner, analyzed 14 key metrics, including rental affordability, to identify investment opportunities within a budget of $750k and a minimum yield of 4.5%.
Rental affordability was a crucial factor in the analysis, with the aim of finding areas where the local economy could benefit from affordable rents and disposable income. Bunbury’s investment appeal was a highlight of the study due to its position as a gateway to the South West region and its balance between liveability and investment potential.
The research offers a multifaceted perspective on the current state of the Australian property market in key non-capital locations, providing trends, opportunities, and challenges. It emphasizes the importance of considering both quantitative metrics and qualitative factors in real estate investment.
Bunbury’s affordability and strong return on investment make it an attractive choice for investors and homebuyers looking for promising opportunities within a reasonable budget. With its unique qualities, Bunbury promises to offer a rewarding real estate experience.