Metro Choice Group in Perth, Western Australia | Financial service
Metro Choice Group
Locality: Perth, Western Australia
Phone: +61 419 635 038
Reviews
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24.01.2022 Perth Australia
22.01.2022 Perth Market Growth Hot Spots
18.01.2022 Perth Property Prices Set To Rise
14.01.2022 Perth Property Prices Up 6% (2020)
14.01.2022 Perth is on the move
12.01.2022 Scarborough Beach WA
09.01.2022 Perth Property Prices Recover Investors are right to look towards the recovering Perth housing market as the Sydney and Melbourne markets flatten, Perths economy has shown improvement WAs gross state product contracted 2.7 per cent over the past year. "Perth is attracting a new wave of attention because many investors believe this property market has hit rock bottom and that strong capital growth will follow," Mr Peleg said.... Owner-occupiers, show a willingness to transact despite lending restrictions by banks, prompting private lenders to consider lending to developers in Perth. The softening eastern seaboard is motivating some developers to diversify into Perth. The view that the worst has passed in Perth is likely to be reinforced over the next year to two years, DFPs head of credit, Dino Di Costa, said. "For the non-bank lender, the opportunity was attractive. Additionally, valuations of the apartments were solid, given the central location and limited stock in the area," Mr Di Costa said. DFP has also provided an $8 million mezzanine debt facility for a commercial hotel development with a 15-year pre-committed lease, on a term of two years at an interest rate of 15 per cent. "The willingness to provide mezzanine capital supports confidence in the sector and is further demonstrated by some 20 new hotels planned for Perth over the next few years. This will also result in strong employment growth across the hospitality and tourism sectors," Mr Di Costa said. Catching the market at the bottom is hard, but now was as good a time to invest in Perth as any other, CoreLogic head of research Tim Lawless said. "Now is a pretty good time, mortgage rates are low, and we are seeing signs of some things improving," he said. See more
08.01.2022 Twiggys new Cottesloe
06.01.2022 Latest News: WA Economy Evolves
05.01.2022 Great pic of Perth CBD
02.01.2022 Fantastic for WA
01.01.2022 Good times ahead for the WA Property market
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