20 November 2018   

2 mins read
Premier Mark McGowan has signaled the return of the good times.

Great news for residents and prospective buyers in Brabham with WA Premier Mark McGowan heralding growth in the Property market on the back of confidence in the economy improving.

Exactly one year after The Sunday Times heralded early signs of life for WA’s stagnant economy, the results are in — and they are conclusive.

Data released on Friday showed the State’s domestic economy expanded 1.1 per cent in 2017-18, a remarkable turnaround after plummeting 7.1 per cent in 2016-17 and four consecutive years of decline.

Mr McGowan tipped a turnaround in the long-declining property market and a jolt to stagnant wages would follow hot on the heels of renewed business investment.

“It is actually a good time to buy (a house),” he said.

“I would encourage people. Prices are low yet economic activity is picking up and so that will inevitably be followed by (demand for) housing.”

 

Read the full article here.

Published in The Sunday Times 18 November 2018