Inbound migration and labour market growth fuel demand in the Western Australian capital
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What's driving the Perth real estate investment market?
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With the size of the Perth’s workforce set to expand by 12.5% in the next 10 years, the Western Australian capital should be on any savvy investor's radar as a potential investment destination. But before you invest, you need to truly understand what’s driving Perth to inform your decisions.
Our experts have collaborated on providing the latest insights and statistics across office, industrial and retail in Perth.
Here are some highlights:
- Record population growth and ongoing strength within the resources sector continue to bolster the attractiveness of Perth’s CBD market.
- WA’s retail turnover growth has continued to outperform the nation, with year-on-year growth of 4.3% as at February 2025.
- The increased investment in private infrastructure in WA is anticipated to drive substantial economic growth, with AU$167 billion allocated specifically to the resources sector.