Perth has shown consistent economic growth, driven by key industries such as mining, energy, and agriculture. These industries create jobs and support population growth, both contributing to strong, ongoing demand for housing.

Compared to major cities, property prices in Perth are more affordable. Investors can enter the market at a lower cost, with the potential for higher rental yields and strong capital growth over time.

Perth’s population continues growing, thanks to interstate and international migration. This trend boosts demand for rental properties and homes for purchase, supporting stable rental income and long-term property value increases.

Perth remains a key hub for Australia’s mining and resources sector, with significant investments in the extraction and export of minerals like iron ore and natural gas. This ongoing strength in the resources sector provides a stable economic base, attracting international investments and maintaining strong demand for housing from industry workers and professionals.

While Perth has traditionally relied on the mining sector, its economy has diversified, with increased activity in technology, healthcare, and education and tourism. This makes the market more resilient, reducing reliance on any single industry and providing long-term stability for investors.

Perth invests heavily in infrastructure, from public transport improvements to urban redevelopment. These developments enhance the city’s livability and connectivity, increasing demand for properties in key areas and contributing to rising property values.