Perth Property Investment Shines Part 3

Perth Investment Prospects 2023 Part 3

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 3 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 Gosnells

The Perth property market continues to thrive, recently recording the highest number of property sales since 2015, and property values have risen to record highs. The availability of numerous government incentives for first-home buyers has given the Perth property market momentum, a beneficial factor for the young couples and families who are a large part of the Gosnells demographic. Gosnells has some of the most affordable houses of any capital city. Strategically located on Perth’s south-east transport corridor, and on the Armadale train line, it is easily accessible to the Perth CBD and the Kwinana and Rockingham employment nodes. Gosnells and the surrounding suburbs have been earmarked for future infrastructure development by the Federal Government, encouraging business, industrial and residential projects. The revival in this precinct is supported by some of the lowest vacancy rates (currently all postcodes are well below 1%) in the Perth metropolitan area. There has also been a significant uplift in sales activity in most of the suburbs of the Gosnells LGA throughout 2021 and 2022.

City Of Gosnells Highlights:

• Affordable housing
• Strong population growth
• Large industrial areas (jobs nodes)
• A Strategic Employment Area
• $4 billion container port
• $1 billion hydrogen plant
• $2.5 billion in road upgrades
• $365 million Defence Project.

City Of Gosnells Location:

• 20-25km south-east of Perth CBD
• On major gateway crossroads: The Albany and Tonkin Highways, The Kenwick Link and Albany and Roe Highways.
• Train stations at Seaforth, Gosnells, Maddington, Kenwick and Beckenham link to the Perth CBD
• LGA: City of Gosnells.

City of Joondalup

The Perth property market is now at its strongest since the previous resources investment boom ended in 2013, with the municipality of Joondalup maintaining its status as a market leader. Mid-2020, when Perth recorded the highest number of property sales since 2015, marked a major turning point for the market. It has been trending steadily upwards since then and the Joondalup LGA has been prominent amid the rise in buyer demand, producing double-digit growth in median house prices across most of its suburbs. Prospects for the Joondalup market will be further boosted by a series of significant infrastructure projects and property developments. Joondalup is an area with strong amenities, services and good road/rail links to the CBD. Recognised by the State Government as the main Strategic Metropolitan Centre in northern Perth, its healthy economy is boosted by strong population growth. Joondalup offers a pleasant waterside environment (Lake Joondalup) while being within easy reach of the ocean and beaches. For property investors, it has the important quality of major education and medical facilities, which provide a steady pool of rental demand. The revival in this precinct is supported by some of the lowest vacancy rates in the Perth metropolitan area.

City of Joondalup Highlights:

• Road/rail links to Perth CBD
• Regional commercial hub with TAFE, university, hospital, retail and transport interchange
• $257 million Joondalup Health Campus expansion
• $120 million marina project
• Joondalup CBD Redevelopment.

City of Joondalup Location:

• 25km north of the CBD
• The suburb of Joondalup sits beside the Lake Joondalup Nature Reserve and is about 3km from the beach.
• LGA: City of Joondalup, which covers an area of 100km2 in Perth’s north.

Benefits Of Partnering Up:

Real estate decisions can be daunting, especially when the market is in flux.

Even experienced people make serious mistakes – only to realise how costly these can prove months or years later.

Engage Reventon and be empowered by our experience.

  • Investors: find a property positioned for solid capital growth and rental returns
  • Home buyers: find the right home for your lifestyle and budget
  • Thorough property review
  • Negotiate with agents on your behalf or bid at auction
  • Property sellers: we recommend and manage the agent, advise you how to go to market; ensure everyone does their job.

We’ll help you navigate the real estate maze, saving you time and money.

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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Record-Breaking 5th Year Vinnies CEO Sleepout

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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A range of financial, accounting and property services are brought under the Reventon banner   

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Reventon accounting is proud to provide the following services:

  1. Preparation of Financial Report and Tax Return – As part of our annual tax-related compliance work, our team is proactively establishing the best tax minimisation models for you, and also, ensuring tax compliance on your account. 
  2. Tax Planning – Everyone need the ultimate planning and strategy in all parts of life, especially Tax. Our highly experience team will build a personalised  tax strategy and minimisation according to your situation and needs and ensure you a maximum advantages on any investment asset transactions. 
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  4. Business Restructuring and Setting Up a new Entity – Entity structure is one of the five foundations of a business. Our knowledgeable team will ensure you to have a solid foundation so you can focus on building a business on top of it. Your investment is your business too, don’t overlook them. 
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