A strong economy is one of the many factors people take into consideration when buying or renting property and new figures could be just what they need to make the move to Western Australia.
The Deloitte Access Economics' March 2014 quarter WA Business Outlook forecasts gross state product will reach 1.6 per cent this financial year, as short-term growth potential looks especially strong.
The group's previous forecast had pointed to growth of just 1.1 per cent, but a stronger outlook for exports and a rise in consumption and housing investment have both taken effect.
Exports could account for two-thirds of the state's economy by 2020, putting growth back on track for the years that follow.
Deloitte Access Economics Partner Matt Judkins explained there are various reasons why people might want to take a closer look at real estate in Bunbury and other parts of the state over the coming months.
"The latest jobless figures for March raised eyebrows, with WA's unemployment falling significantly – to 4.9 per cent – compared to the national figure of 5.8 per cent," he commented.