With record tight vacancy rates in Western Australia, now has never been a better time to invest in a rental property. If you are an active investor in Perth, seeing what our regional towns have to offer might open up more opportunities.

Here are six properties for sale in regional WA that would make perfect rental properties, expanding your investment portfolio.

Busselton

1. 31 Fairway Drive, West Busselton

busselton_for_sale_736x414 — Listed with Professionals South West

This recently refurbished brick and tile home sits on 709 sqm of land boasting three bedrooms and a large backyard. It’s neat and spacious making it the ideal investment property for anyone looking to rent in Busselton.

Take advantage of the spacious backyard by allowing pets, which will put this rental in front of others. Perfect for a family or individuals who have just left the nest, this house is easy to clean and maintain. This property will have no issues securing tenants, with a hot tub as its most exciting feature.

View Busselton’s suburb profile

Bunbury

2. 10 Moore Street, Bunbury

bunbury_736x414 — Listed with Professionals DAD Realty

Where modern meets character, this stunning home is the ideal location for an investment property in Bunbury. Nestled in the heart of Bunbury on a charming street, this four by two home is perfect for a family, young couple or group of friends. The garden is neat and low maintenance, perfect for full-time working tenants.

Bunbury’s vacancy rate for November is 0.6 per cent, which is the second lowest vacancy rate in WA captured by reiwa.com data, meaning rental supply is very limited. Why not diversify your portfolio with a regional investment property you know will get snatched up in today’s rental climate?

View Bunbury’s suburb profile

Albany

3. 169 Serpentine Road, Albany

albany_736x414 — Listed with First National Real Estate Albany

Out of all of vacancy rates reiwa.com data collects, Albany has the lowest vacancy rate in WA – just 0.4 per cent in November. To put that into comparison, the vacancy rate for the same time last year in Albany was 0.8 per cent.

If you have ever considered buying an investment property in Albany, this property ticks all the boxes. With four bedrooms and two bathrooms, there is plenty of room for a big family or group of friends.

When it comes to location, this three-storey house doesn’t get any better, boasting first-class views to the city lights, the Porongorups and is only a short stroll to the city centre.

View Albany’s suburb profile

Geraldton

4. 10 Fuller Street, Bluff Point

bluff_point_736x414 — Listed with Geraldton Property Team

Located in Geraldton, this trendy, spacious and entertaining home is just a stone’s throw away from the beach making it an ideal investment.

Geraldton’s vacancy rate took a huge dive in the last 12 months, going from 5.4 per cent in November 2019 to 1.4 per cent this November. So, it’s safe to say this property would be snapped up in no time as a rental and due to its location and 828 sqm block size, may increase in capital growth over time.

With many people residing in Geraldton and moving there from Perth for multiple reasons, this property is the closest thing to resort style living.

View Bluff Point’s suburb profile

Kalgoorlie-Boulder

5. 1/270 Egan Street, Kalgoorlie

kalgoorlie_736x414 — Listed with Murphy Boyden Real Estate

Beautifully renovated, restored and bursting with features that will draw in tenants, this unique character property is an investors dream.

From the low maintenance front garden to the rear entertaining area overlooking the spa, this four-bedroom unit is safe, secure and located in the heart of Kalgoorlie.

When it comes to an investment property, the more easier it is to maintain the better, and this property is as easy as it gets.

The vacancy rate in Kalgoorlie has plummeted, just like the rest of WA. It now sits at 0.9 per cent in November compared to 2.5 per cent this time last year.

View Kalgoorlie’s suburb profile

Broome

6. 24/14 Millington Road, Cable Beach

cable_beach_736x414 — Listed with Hutchinson Real Estate

Want to buy a property that reaps an enviable lifestyle and investment returns? Broome is known for its resort lifestyle, and one resort that enjoys an unparalleled reputation is The Pearle Resort at Cable Beach. As one of Broome's premier resort destinations it is expertly managed and enjoys excellent occupancy rates, making it a highly attractive investment opportunity.

This villa is also easy to up-keep, plus owners have the option of spending up to three months of each year enjoying the resort life for their own use.

With a current vacancy rate of 0.8 per cent in Broome, this property is guaranteed to give you good rental returns as well as the personal advantages.

View Cable Beach’s suburb profile

REGIONAL TOWN	MEDIAN WEEKLY RENT	GROSS RENTAL YIELD	ANNUAL % CHANGE IN MEDIAN RENT
1. Busselton	$450	4.8%	17.5%
2. Bunbury	$385	5.3%	5.9%
3. Albany	$408	5.1%	5.7%
4. Geraldton	$300	5.7%	3.4%
5. Kalgoorlie-Boulder	$370	6.5%	2.8%
6. Broome	$490	6.0%	0.0%

For the latest regional quarterly statistics, read “Median sale price increases in eight regional centres”.

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