The WA Rental Frenzy: Properties Under $400,000 Still Take the Cake

Simon Loo is the founder and director of buyers agency House Finder, and is a buyer’s agent himself. His property portfolio is now worth over $11 million, with $6 million in equity, affording him the ultimate goal of financial freedom. He has a wealth of knowledge to share about property investment in general, and while his main focus is on southeast Queensland, he also ventures further afield.

In this episode he’s over west in Erskine, south of Perth. Western Australia is experiencing a rental frenzy where areas are commanding high rents yet rental properties remain in high demand, making it a goldmine for investors. In toeing the line between staying close enough to the city to make use of it but far enough away that it doesn’t feel too metro, south of Perth is the place to be. Loo purchased the property featured in this episode for a price unheard of on the East coast, but it turns out that buying in a lower socioeconomic area doesn’t disqualify you from getting fantastic returns.

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