November 15, 2022

Why rural Western Australia is booming

Hi there,

Did you know that the national median price per hectare increased significantly, up by 11.2 per cent to $8,158/ha?

Below is a breakdown of the key reasons why rural Western Australia has become the wealthy’s latest hot spot for property investment.

1. Hedge risk against inflation

Did you know that 8% of the world’s 2,775 billionaires make their mega-fortune through property? This makes it the 7th in the list of 10 ways the ultra-rich across the globe make money.

Undeterred by rising interest rates, the rolling median price per hectare in Western Australia keeps resilient as it rises to $7,131 price per hectare, with values totalling $218.7 million for Q2 2022.


2. Health and lifestyle decision

The World Health Organization (WHO) explains that healthier environments could prevent almost one-quarter of the global burden of disease. And this delicate relationship between people and their environment has never been more emphasised with the COVID-19 pandemic. No wonder Wellness Lifestyle Real Estate is now worth over $275 billion and is even estimated to be a staggering $580.3 Billion market by 2025.

And whilst Wellness Lifestyle Real Estate will require more money as compared to traditional real estate, research shows that investors don’t mind paying a premium. The Global Wellness Institute revealed that wellness developments that cater to the middle to the upper ends of the market are achieving home sales price premiums averaging 10-25% and can even go up to 55%. Indeed, more and more people are treating investing in healthier-built homes as important as obtaining medical treatment.

Western Australian House

3. A retreat where you can relax, enjoy, and unwind

43% of Western Australian adults report spending most of their day sitting, from at least 9 hours to 15 hours a day.

Wellness is multi-dimensional and holistic. It involves not just physical but also emotional, mental, social, and environmental aspects. A wellness-centric property can encourage you to enjoy a wide array of activities that can help lower stress levels, lift spirits, and advance general health and wellness. It should offer abundant opportunities to unwind, unplug, and play from reconnecting with nature and taking a break from technology to engaging in different activities like hiking, biking and camping.

4. Not just another shiny investment

Aside from being a lucrative investment, a country property has evolved to symbolise your successful life of hard work and your family’s legacy. Imagine all the celebrations, memories, and growth you will build and treasure in a beautiful home with multiple amenities amongst nature’s best works. What’s more is that the collection of precious moments can be passed from generation to generation because heritage is forever.

If you would like to learn more about our current investment opportunities in Western Australia’s rural locations, enquire now.