Why invest in Perth, WA?

Why invest in Perth, WA?

Posted on May 2, 2023 by Mirren Property Investment

Perth, the capital city of Western Australia, is a fast-growing state that is witnessing an unprecedented rate of change and expansion. The city is a hub of industry, infrastructure, and economy, making it an ideal destination for business investment and migration.

Perth is the resource and energy capital of the Indo-Pacific Region. It has attracted billions of dollars in investments for significant projects, including world-class sporting and entertainment venues, a new state museum, and airport upgrades. The City of Perth is transforming urban spaces into thriving new centres, with parks, public places, and facilities celebrating Perth’s natural features and energy.

Perth is adapting to changes in global demand by expanding its economic base to include more service-based industries, such as education, health, and hospitality.

The economic success over the past ten years has seen a significant increase in companies establishing or relocating their national and international headquarters to Perth. This trend is expected to continue as the economic importance of the Indo-Pacific region gains further momentum.

Perth’s multicultural heritage, enviable lifestyle, natural landscapes, and idyllic climate make it an ideal place to live, work, and invest in property. Due to interstate and overseas migration, Perth is expected to become Australia’s third most populous capital city by 2028.

The Western Australian Government is investing heavily in infrastructure. Major projects such as Perth City Link, Metronet, Forrestfield-Airport Link, Perth CBD retail upgrades, Woodside Tower, Optus Stadium, Yagan Square, Elizabeth Quay Busport, and more are transforming the city and creating incredible job opportunities.

Perth’s abundant energy wealth, skilled workforce, and cutting-edge technology make it a significant international hub for the global energy resources sector.

The city has one of the world’s most educated, multicultural, and multilingual workforces, making it a rapidly developing innovative research ecosystem and a thriving startup hub. Australia’s generous tax incentives for research and development make Perth an ideal place for innovation.

In conclusion, Perth is a rapidly growing and evolving city that offers an ideal destination for business investment, migration, and property investment. Its prosperous economy, beautiful scenery, and excellent essential services make it an ideal place to live, work, and invest.

Are you looking for an ideal investment property in Perth? Contact us today!


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