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Economic Data Makes Buying Bunbury Rentals Attractive

By Kevin Kelly

If you're wondering if buying Bunbury rentals is a smart investment decision, figures from the latest State of the States report from CommSec should quell any fears.

The report states that Western Australia has the best-performing economy in the nation – great news if you're looking to invest in the region.

"Western Australia continues to lead the way on retail trade and is strongest on housing finance," the report continued.

"It is second strongest on economic growth, construction work done and population growth and finished third on business investment and dwelling starts."

Greater economic growth in the state and strong housing finance figures will likely continue to translate to house price growth, giving property owners more potential for capital growth while also encouraging others to rent in an effort to save money.

Together with population increases in the state, now appears to be the ideal time to invest in houses to rent in Bunbury.

One of the only areas where WA struggled in the report was concerning unemployment. However, South Australia had a worse unemployment ranking than WA, which found itself in either first, second or third place for every other economic indicator.

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