PerthNow Central, Perth 

Only four WA areas have been deemed safe harbours for property investors looking for long-term gains, in a new national list from  analytical firm Hotspotting.

While they are not the next big thing, Cloverdale, Yokine, Mandurah and Parmelia are tipped as safe
places to invest, according to the firm’s summer edition of its price predictor index.

Hotspotting director Terry Ryder said that while it was financially astute to buy in locations before a
rising cycle, there was also value in purchasing in areas with longterm steady market conditions.

“While the allure of the next booming location captivates many  property buyers, history shows us
consistent — or safe — markets usually produce substantial capital growth over the long-term,” he
said. 

“The value of consistent markets should not be overlooked. Mr Ryder said the safe harbours were usually locations where activity was growing and facing the likelihood of price growth, as well as areas where sales activity had been steady for three or more years.