July 10, 2023

5 Growth-Driven Locations in WA for Property Investment

Recent research by the Australian Housing and Urban Research Institute (AHURI) has provided valuable insights into the impact of the COVID-19 pandemic on housing supply and demand. The findings emphasise the impƒortance of regional towns, cities, and mining locations as key growth areas for housing prices over the past three years in Western Australia (WA).

Professor Steven Rowley of Curtin University noted, “The pandemic showed us just how quickly demand for housing can change, with a shift to homebuyers wanting to escape metropolitan areas; to larger homes and more private space; and to work from home in lifestyle locations.”

We’ve identified several standout regions in WA that perfectly embody this transition:


26 Minderoo Avenue, South Hedland, WA 6722 (1)

As a powerhouse of mining exports, Pilbara sits at the epicentre of this trend. 

The region boasts top-selling suburbs like South Hedland (1.6% sales growth, median property sales price of $417,000), Baynton (12.7% sales growth, median property sales price of $668,000), and Newman (4.8% sales growth, median property sales price of $330,000). 

These areas are underpinned by a constant influx of capital and manpower, supporting a resilient property market that promises attractive yields and a diverse tenant pool.


This captivating coastal city is not only a picturesque locale but also an emerging investment hotspot. 

With a median property price of $325,000 and impressive annual capital growth of 6.21%, Geraldton is gaining investor attention, thanks to its strategic location and burgeoning local economy.


Address available on request, Bridgetown, WA 6255 featured image (1)

Set in the heart of WA’s South West, Bridgetown combines natural allure and steady growth.

With a median sales price of $430,000 and sales growth of 5.1%, it offers reliable returns and consistent growth.

Mount Pleasant

Favourably positioned on the Canning River’s banks, Mount Pleasant reports an enviable rental growth of 22.3%. 

A sought-after location with a median rental price of $795pw, it ensures a steady rental income, making it an investor’s paradise.


applecross canning beach rd

Perched between the Canning Highway and Swan River, Applecross represents Perth’s luxury market. 

With a median sales price of $1.9M and sales growth of 9.8%, it appeals to high-net-worth investors seeking luxury and growth, backed by strong rental growth of 16.7% and a median rental price of $875 per week.