In the property market, the hidden gem is that piece of underpriced property that is just about to see a sudden upsurge in value. When it comes to the Perth property market, the range of the hidden gems available here is quite diverse. If you are planning to invest in property Perth has for you, you will have a great selection of neighborhoods to choose from that will offer you some really precious gems that you simply cannot leave on the table.
So what constitutes the hidden gem Perth suburbs for those investors who are planning to invest in property Perth options? Generally, these are usually the undervalued or low cost suburbs that are situated in very close proximity to some of the hottest suburbs in Perth. If you are looking at some of the hottest markets in Perth right now, find the hidden gems in those low cost neighborhoods that are situated very close to these markets. Usually, these are no more than 1km or 2km from that most popular suburb in the city.
These are very good buy for investors currently due to the ripple effect in the property market. As the hottest markets get even hotter, the prices of these neighborhoods will also rise at almost the same rate. For example, in the hot suburb of Wanneroo, expect prices to pick up fast in its poor cousin Merriwa.
Investors can use the same model to unearth other hidden property gems in Perth. For example, by evaluating this list of the top ten most searched suburbs in Perth, it is possible to find other “poor cousins” in the market that will offer you cheaper property prices and where the value is expected to rise fast in a very short period of time.
Almost every Australian city has these kinds of hidden gems that investors can grab so that they can own their homes sooner enough. Perth is no different. If you are planning to invest in property in Perth, here are some of the top hidden gems in the city that you can put within your sights so as to find the best property deals in the market:
Innaloo: The Innaloo neighborhood is situated close to its hot neighbor Scarborough. Average property prices here are $618,891, 11.6% lower than those of its high end neighbor.
High Gate: This is another good option if you are planning to invest in property Perth has. This hidden gem is priced 27% lower than its hot neighbor Mount Lawley.
O’Connor: Choose a property investment Perth has to offer in this hidden gem and enjoy 28.7% lower prices than in its high end neighbor Fremantle.
Victoria Park: Save 40% by opting for a hidden gem in the Victoria Park rather than its hot neighbor South Perth.
Landford: This is one of the hottest Perth invest in property hidden gems. You will be saving as much as 41% by opting for this hidden gem rather its hot neighbor Canning Vale.
Eden Hill: Choose the Eden Hill hidden gem and get 28.8% lower prices than those of its hot neighbor Bayswater.
You can uncover more exciting hidden property gems in Perth that you can invest in with the Aalto Property Solutions. The company has been involved in the Perth property market since 1998 and offers you an insider’s knowledge of the range of properties available here.