New figures reveal foreign buyers have snapped up $300 million worth of residential property in WA in the first three quarters of 2022-23 — at a time demand has considerably outweighed supply.
The data, provided to The West Australian by the Australian Taxation Office, shows overseas investors spent $100 million a quarter in the State, which works out to about $33.3 million a month or just over $1 million a day.
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