Median house price: $569,000 (April 2023 – March 2024), Up 26.4% in the last 12 months Median house rental value: $575 PW (April 2023 – March 2024), Up 15.0% in the last 12 months Transport: car, train, bus Population: 2,096 (2021) State: Western Australia Location: Perth – Greater Region Located in the southern region of Western Australia, Karnup is a vibrant suburb offering a blend of rural charm and modern amenities. Situated approximately 55 kilometres south of Perth’s central business district, Karnup enjoys a strategic location near the coastal city of Rocki ..read more

Owning investment properties comes with its rewards and challenges, and one challenge that landlords often face is rental property damage caused by tenants. At Mirren Investment Properties, we understand the importance of safeguarding your investment while ensuring a positive landlord-tenant relationship. In this guide, we’ll delve into the intricacies of navigating rental property damage, empowering you with the knowledge needed to protect your assets effectively. Understanding Rental Property Damage Rental property damage encompasses a spectrum of issues, from minor wear and tear to signific ..read more

At Mirren Investment Properties, our clients are at the heart of everything we do. Over the years, we’ve had the privilege of working with seasoned property investors who have accumulated a wealth of knowledge and experience in the real estate market. In this blog, we share the invaluable life lessons our clients have imparted to us, offering insights into what one can learn from their journeys to navigate life more effectively. Lesson 1: Patience is a Virtue Our clients understand that success in real estate doesn’t happen instantly. They’ve learned the importance of perseverance and maintain ..read more

At Mirren Investment Properties, we’re not just advocates for property investment; we’re proponents of action. Delaying your investment decisions can have significant consequences, especially in the dynamic world of real estate. Here’s why we urge you to act now rather than later: 1. Remember That Time is Your Greatest Ally In property investment, time truly is money. The longer you delay, the more you miss out on the potential for your investments to grow. Property values tend to appreciate over time, and by getting into the market sooner, you position yourself to benefit from this growth. 2 ..read more

As March 2024 unfolds, property investors are presented with a landscape ripe with potential. Mirren Investment Properties, your trusted partner in navigating the real estate market, is excited to share why this year holds promise for those seeking to build wealth through property investment. Here are five compelling reasons to look forward to the remainder of 2024: Targeted Investment Strategies for a Dynamic Market As always, the key to success lies in strategic investing rather than following national averages. At Mirren Investment Properties, we advocate for a tailored approach, focusing o ..read more

In the fast-paced world of real estate, it’s crucial to stay in the loop with the latest trends and challenges. At Mirren Investment Properties, we’ve got our finger on the pulse, and we’re here to share some insights that could shape your investment strategy. In this blog post, we’ll explore recent developments in the Australian property market and what they mean for investors like you. Understanding the Landscape Recent data reveals a decline in new home building approvals across Australia, with a notable drop in apartment approvals. This shift brings both challenges and opportunities for pr ..read more

Median house price: $459,000 (Feb 2023 – Jan 2024) Past 12 month growth: 13.1% Median house rental value: $460 PW ((Feb 2023 – Jan 2024) Transport: Car, train, bus Population: 3,912 (2016) State: Queensland Location: Ipswich – Greater Region Steeped in history, Leichhardt stands as a testament to Queensland’s past, with each corner telling a story of its own. From quaint cottages to grandiose landmarks, the suburb’s architecture serves as a reminder of its storied past, offering residents a glimpse into bygone eras, and inviting residents to immerse themselves in its rich heritage while enjoyi ..read more

For property investors seeking high-yield opportunities, the spotlight is now firmly on Western Australia. In a remarkable shift, Western Australia has surged to second place, surpassing New South Wales as the preferred investment destination in Australia. The key player in this transformation is Perth, where dwelling values skyrocketed by an impressive 15.2% in 2023, marking the highest return in the nation for any major city or regional centre. Strategic Investment in Perth As a property investor, it’s crucial to stay ahead of market trends, and the latest data from the Property Sentiment Re ..read more

Median house price: $511,500 (Feb 2023 – Jan 2024) Past 12 month growth: 13% Median house rental value: $550 PW ((Feb 2023 – Jan 2024) Transport: Car, train, bus Population: 22,678 (2016) State: Western Australia Location: 23km from Perth CBD Ellenbrook, situated in Western Australia, offers a harmonious blend of urban convenience and natural tranquillity. This vibrant suburb is renowned for its picturesque landscapes, modern amenities, and strong community spirit. Key Highlights: Community Living: Ellenbrook fosters a close-knit community atmosphere where residents enjoy a high quality of lif ..read more

The Australian property market showcased resilience and opportunity in 2023, with the CoreLogic national Home Value Index (HVI) recording an impressive 8.1% surge in home values. While this marked a significant turnaround from the previous year’s decline, it was below the extraordinary surge seen in 2021. Throughout the year, the market exhibited diversity, with various regions experiencing differing trends. Capital cities like Perth, Adelaide, and Brisbane sustained strong growth rates due to relatively lower housing affordability challenges and lower advertised supply levels. In contrast, la ..read more