INVESTOR ACTIVITY IN MANDURAH TO SURGE DURING 2008/2009
A combination of uncertainty in the stock market combined with rising rental returns will help boost the Mandurah real estate market during 2008/2009 according to David Hobbs, CEO of Professionals Real Estate Group.

Mr Hobbs said that REWIA figures showed property investors have traditionally played a significant factor in the Mandurah real estate market.

“ABS figures show that nearly 25% or over one in four homes in the Mandurah area are rented which is high compared to many other areas of Western Australia.

“Investor activity... <more>

 

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