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Now is a ‘Good Time to Buy’ in Regional WA

By Kevin Kelly

There could be a rise in interest for real estate in Bunbury soon, following research that suggests parts of Western Australia are becoming more popular.

Figures from the RP Data and Nine Rewards housing market sentiment report show confidence dipped slightly nationwide in October, but regional WA bucked the trend.

The organisations polled more than 1,000 Australian residents, with 85.7 per cent claiming now is a good time to buy a property in regional WA.

Only Adelaide achieved a higher percentage at 89.8 per cent, while regional WA beat the national average of 74.4 per cent by a considerable margin.

Looking for houses to rent in Bunbury? You may want to consider shopping around now, with more than 57 per cent of people thinking that regional WA rental prices will increase over the next year.

This compares with 52 per cent of people who feel Melbourne rentals will become more expensive, while 52.5 per cent of respondents expect prices in Brisbane to go up.

"Clearly Australians remain positive about the direction of dwelling values, however most respondents who think values will rise over the coming six and 12 months have fairly measured expectations of value growth," said Tim Lawless, research director at RP Data.

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