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1. Affordable Pricing
For the first time in a decade, Perth prices are at their most affordable.
Due to Perth’s current stage on The ‘Real Estate Property Clock’ prices will soon be on the rise again.
2. Strong Population Growth
According to the Australian Bureau of Statistics, Perth’s population will grow to be larger than Brisbane by 2028… making Perth Australia’s third most populated city
3. Strong Workforce
Western Australia’s workforce has risen by 7% in the last 4 years to 1.35 million workers (due to the Mining Boom).
WA’s unemployment rate is lower than the national average (5.8%)
4. New Infrastructure
In Perth there has been more than $17 Billion spent on New Infrastructure
5. Growing Apartment Market
Perth is currently in the early stages of a High Density shift, with a change from 18% to an estimated 30% growth
6. Strong Rental Yields
Perth continues to experience strong rental yields. Units are at 4.4% which is higher than Melbourne & Sydney at 4.0%
7. Same Time Zone as China
Unlike the Eastern States of Australia, Western Australia is in the same Time Zone as China. China is Australia’s largest Trading Partner, making Perth better connected to Chinese investors.
8. 8th Most Liveable City in the World
The West Australian lifestyle is considered one of the best in the world to work, raise a family and holiday.
