WA Property News

Perth is witnessing a remarkable period of growth, driven by a significant influx of residents and a subsequent rise in property prices.

Fuelled by Australia’s strongest state economy and the attractions of a major modern city, including new rail and road infrastructure, it’s easy to see why more families are moving west to take advantage of Perth’s fantastic lifestyle and employment opportunities.

Perth’s Population Surge

According to Australian Bureau of Statistics (ABS) data, in March 2023, Perth’s population reached an unprecedented 2.855 million, marking the most rapid growth nationally. Concurrently, the rental market tightened further, exhibiting a historic low in vacancy rates.

This growth comes on top of existing high levels of inbound migration. Western Australia experienced a population growth rate of 2.3% in 2022, surpassing the...

Major Rail Investment Fuels Economic Growth in the Area

People living in Perth’s north-eastern suburbs are living in one of the city’s population growth hotspots, with the major investment in rail and road infrastructure paving the way for rapid commercial and residential growth in the area.

Metronet, the State and Federally funded Perth rail project, has been a boon for residents of the area, with the construction of major rail stations such as Malaga well underway. The City of Swan, with over 150,000 residents, houses the major growth areas of Malaga and Ellenbrook, and has now become one of Australia’s fastest-growing local jurisdictions.

Attractions of Perth’s North East

With significant growth, comes added interest in world-class attractions, such as the famous Swan Valley wine region, as well as Whiteman Park with its wildlife sanctuary, tourist...