Perth is growing
With significant growth opportunities in key industries, the title of Australia’s sunniest capital city and the seventh most liveable city in the world, there has never been a better time to invest in Perth.
Perth is Western Australia’s cosmopolitan capital city. With an idyllic climate, prosperous economy, multicultural heritage and excellent essential services such as world class education and health facilities, Perth has become a magnet for migration – an ideal place to live, work and investment.
With predictions Perth’s population will reach 3.5 million by 2050, and 5.5 million by 2060, the city is poised to become Australia’s third largest capital. This growth is fuelling significant investment in property by both the public and private sector. There has also been a 22% increase in the number of people living in the central city since 2011, with predictions it will be 41,000 by 2036, this residential growth is forecast to continue.
Perth is recovering from the downturn and seemed to have seen the bottom of the cyclical property market. Much news have reported the outlook for Perth homes are looking brighter from 2018.
Take a look at Perth skyline you will see the world class infrastructure being delivered. With more than AUD$250 billion worth of major infrastructure projects planned or already underway, Perth is fast becoming the business-hub of the country due to its close proximity to many destinations in Asia – Australia’s major trade area. In addition, Perth is situated in the world’s most populous time zone (WST/GMT +8hrs), shared with approximately 60% of the world’s population.