There is a fundamental change occurring to the Western Australian population, which is likely to have a significant positive impact on demand for Perth investment properties for many years to come.
We know all about the impact of the mining boom, but WA’s burgeoning population boom may be even more relevant to investors in Perth rental property. Already outstripping the nation for population growth, the WA and federal governments are set to speed up the state’s growth by actively recruiting interstate and overseas migrants to meet a growing skills void, and maximise the potential of the mining boom, meaning they will need property for rent in Perth. This is good news for Perth property investors, as they can provide Perth property to rent for migrants.
Go to the full article here to see the statistics and find out more about the three population factors that will drive demand for Perth investment properties over the next two decades and how you should be investing to take full advantage of property for rent in Perth.
Want to learn more about the property for rent Perth offers? Contact our team of Property Investment Specialists today.
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- Q and A: Perth property market now compared to the past 10 years (video)