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Bunbury property is one to watch

By Kevin Kelly

Suggestions that Australia's property boom is nearly over couldn't be further from the truth – in fact one analyst believes it's only just beginning!

Founder of hotspotting.com.au Terry Ryder explained in an article for the Property Observer that some housing experts are simply using the trend seen in Sydney to generalise the rest of the market.

While prices might have risen in the Harbour City and demand also increased, it's important to understand this hasn't been the case across the remainder of the country.

In fact, Mr Ryder personally recommended that investors take a look at real estate in Bunbury, as this is one of the areas that has the potential to see some serious growth over the next few years.

He said the city is "sparking to life", so if you've yet to take a look at the local market you should take action as soon as possible to beat the crowds.

This follows the release of the Bendigo Bank/Real Estate Institute of Australia Real Estate Market Facts for the March quarter, which showed property values declined 1.6 per cent in Perth.

If you've ever needed an incentive to consider property outside the state capital then this is it!

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