Investing in Perth

With Sydney house prices becoming further out of reach for many, first home buyers and investors are thinking outside the square and purchasing in other states.

Perth & Queensland are currently the fastest growing states in Australia.

Why Perth you ask?

Perth is just at the start of  it’s next boom. In march 2022 Population Australia stated that the Western Australian Population will reach 2.84 million by the end of 2022, the growhth rate is very consistent ranging from .077% to 3.70% adding around 20,000 to 90,000 each year to the overall population.  Western Australia currenlty has the fastest growth rate in the country.

Why are people moving to Perth?

Perth is spending billions in upgrades and new infrastructure:

  • $1.8 Billion – New Women’s and Childrens Hospital
  • $156 Billion – Ressources sector which will support 156,000 jobs
  • $2.5 Billion – Airport development
  • $1.7 Billion – Perth City Deal
  • QE11 – Largest Medical Centre in the Southern Hemisphere
  • $3 Billion – Will be invested annually in WA’s Defence facilities located in Henderson.

All of these new upgrades require people to do the work.  

Currently the the vacancy rate is low in Perth with high demand.

With 4 bedroom, 2 bathroom, double garage, tenant ready, single storey house and land package starting at approx. $520,000 with up to 6.5% return Perth is an area all ivestors should explore.

To find out more, please contact Bianca Jager on 0429 192 735.