Perth Property Investment Shines Part 2

Perth property market standing alone as 2023 growth prospect

As the rest of the country is staring down the barrel at the possibility of falling property prices, Perth is tipped to buck this trend and grow in value in 2023 and beyond. In part 2 of this 3 part blog series, we look at an additional two local government areas tipped for growth in 2023 and beyond

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City Of Swan

The City of Swan is one of the nation’s fastest-growing urban areas, with its population projected to double to over 300,000 residents in the next three decades. Affordability and lifestyle are attracting growing numbers of buyers. A dozen of the municipality’s suburbs have median house prices below $585,000, which is the median house price for the Greater Perth metropolitan area. Buyer demand is translating into rising sales activity and strong price growth. Further evidence of consumer demand for this region is the shortage of rental homes – all of the eight postcodes in the City of Swan have vacancy rates between zero and 0.6%, according to data from SQM Research. The rapid rate of population growth is promoting elevated spending on new infrastructure to service the region, including new road and rail links. The municipality already has major health and education facilities, and a strong local economy boosted viticulture, agriculture and tourism.

City Of Swan Highlights:

• Affordability
• Attractive lifestyle
• Major road and rail improvements
• $350 million sporting complex
• Master-planned residential communities

City Of Swan Location:

• 20km north-east of the Perth CBD
• One of the fastest-growing urban corridors in Australia
• Access via accessed by the Great Eastern Highway, the Great Northern Highway, the Reid Highway, the Roe Highway, the Tonkin Highway
• LGA: City of Swan

City Of Stirling

The City of Stirling market is rising on the back of several large infrastructure projects. These include the Stirling City Centre project, which is touted as being one of Australia’s biggest urban regeneration projects, while $1.6 billion is being spent on upgrading two of the LGA’s major shopping centres. Another $400 million is being spent on various transport projects as three levels of government work towards transforming Stirling City Centre into a Metronet-style hub. Alongside these changes, the City of Stirling continues to offer a leisurely seaside lifestyle and is home to the internationally renowned Scarborough Beach. Trendy bars and cafes impart a youthful vibrancy to the area while also attracting a steady stream of 20 to 40-year-olds. Further adding to the region’s appeal are shopping and education facilities, coupled with good transport links to the Perth CBD. These factors are accompanied by extremely low vacancy rates, increasing residential rents and government incentives which have encouraged more first-home buyers to enter the market. All of these points have helped the Stirling property market experience rising sales activity and prices.

City Of Stirling Highlights:

• 2nd largest employment area in WA
• One of the steadiest precincts during Perth market downturn and now prominent in up-cycle
• $125 million Stirling City Centre project
• $100 million Scarborough Beach redevelopment
• $800 million Karrinyup Shopping Centre expansion

City Of Stirling Location:

• Coastal region 12–60km north of Perth CBD
• Access via the Mitchell Fwy and the Joondalup-Butler metro train line, stations at Glendalough and Stirling
• LGA: City of Stirling

Additional Resources​

Reventon Residential – For all property sales, property management and property rental related services, our well respected team can help you.

Reventon Investments – Residential Property Investment. We help everyday Australians build wealth safely through property investment. Book a free consulation today.

Reventon Finance – For all your mortgage and finance needs. Our multi-award-winning finance team can help you with home loans, investment loans, mortgage refinance and more. Have a chat to a finance specialist today.



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The Inaugural Lead With Kindness Event (#LWK)

To kick off our most special Vinnie’s campaign ever, we teamed up with the incredibly talented musicians Matt Charles and Andrew Loadsman to get into the studio and record our charity anthem ‘A Little Means a Lot’. Thanks so much to Mark D’Angelo and the Backlot Studios for bringing this poem to life. Still gives us chills everytime.

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Chris Christofi once again spent a night sleeping on the streets for his 4th Vinnie’s CEO sleepout. After raising progressively more and more in previous years, Chris placed 4th amongst CEO’ss nationally after raising over $113,000, after Chris pledged to match ever donation dollar for dollar.

Despite being a virtual event this year owing to covid restrictions, Vinnie’s set a new donation record with $9.4 million raised nationally.

Chris pledged that the following year, he would be the first Vinnie’s CEO to raise over $250,000.

Vinnies’ CEO Sleepout

Chris takes part in his first Vinnies CEP Sleepout. He exceeds his $40,000 target by raising $40,185 placing him 12th out of 1,462 CEO’s nationwide and in the top $1% of fundraisers across Australia.

You can check out Chris’ first ever LinkedIn post talking about his experiences on that first sleepout by clicking here. 

Chris’ Second Vinnies CEO Sleepout

After raising over $40,000 the previous year, Chris and the Reventon team are determined to beat that, and this year manage to beat their target of $60,000, raising $60,564 for homeless Victorians, after Chris promised to match every dollar donation with 50c of his own money. This year Vinnies hit a new record of $7.87 million nationally.

Chris Christofi On His Third Vinnie's CEO Sleepout

After raising over $60,000 in 2019, this year Chris and Reventon manage to easily clear their target of $80,000 and raised $82,177 after Chris vowed to match ever dollar donated with 75c of his own money.

Matt Charles from We Gift Wrap worked with Chris to produce a song raising awareness of Chris campaign.

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