Investment in Perth is one of the favorable decisions on investor’s point of view. There are number of reasons why making an investment in Perth can be regarded as beneficial. These reasons are:-

Fastest growing population-

– Perth has a fastest rate of population growth. We know that where there are people there is a business. So, investment decision made today will be highly regarded tomorrow.

– According to the Australian Bureau of Statistics (ABS), Perth will have the highest percentage growth in population of all Australian capital cities over the next 15 and 45 years.

Lowest unemployment rate-

– Unemployment rate in Western Australia specifically in Perth is lowest in the whole nation.

– Australian Bureau of Statistics predicts that, earning per person is highest in Perth. The main reason behind this is the coal and mining industries.

So, people have money there and they are reluctant to spend money. And most importantly workers around the globe come here to work and many of them live here for long time. They rent accommodations and prices of the rental properties always on rise.

Strong housing prospects-

– According to the latest report of BIS Shrapnel, Perth is predicted to have the strongest capital growth in the nation over the next couple of years. In the report it is estimated that the average growth rate will be around 6.3% per year by mid-2014.

– A report published by the Housing Industry Association predicts that there is strong need to build more houses in Western Australia. And also it is estimated that there will be a shortfall of more than 70,000 homes by 2020.

Huge investment into the state-

– Access Economics revealed that there are so many projects underway in western Australia

– Due to many planned projects, there will be around 40,000 jobs opportunities especially in construction sector but not limited.

So, again it is quite clear that any property investment in Western Australia especially in Perth will derive huge profits for investors.

Nation’s leading exporter-

1) Western Australia is Australia’s largest exporter. The value of Western Australia’s merchandise exports went up to 33% that is $102 billion in 2010, which is 44.2% of Australia’s total merchandise exports (Australian Bureau of Statistics).

2) China imports goods from Western Australia, receiving $41 billion of WA’s exports, followed by Japan, Korea and India.

3) There has been an influx of investment from other countries in Australia mainly Perth.

4) Real Estate investment is highly regarded as a good investment option because of the reasons stated above and high growth rate, increasing population, job security, business opportunities.

5) Industrial property is also available easily, and there are many manufacturing units.

6) Economic adjustment will be done till the time more houses are built and more property developed but by the time new property will be ready for being used; there will be more influx of immigrants that come for new jobs.

This is how the demand supply ratio will remain almost as it is. In fact the demand for new houses will increase along with the demand for new office space.

Property Investment Perth help investors with the right advice. Property Buyers WA provide professional and independentProperty Sales & Advice.

http://www.propertybuyerswa.com.au Property Investment Perth help investors with the right advice. Property Buyers WA provide professional and independenthttp://www.propertybuyerswa.com.au/property-buyers-agent/ Property Sales & Advice.

Author Bio: Property Investment Perth help investors with the right advice. Property Buyers WA provide professional and independentProperty Sales & Advice.

Category: Business
Keywords: Property Investment Perth, represent the interests of real estate investors in WA, Real Estate Buyer