While the Burswood apartment market median price has grown by 11% over the last 4 years – it is the fact that growth has occurred across all bedroom configurations that makes it a very interesting suburb indeed!
With Brisbane’s night time economy growing by 25.2% in five years – isn’t time Perth also pursued this option?
East Perth is definitely a Monday-Friday, 9.00am-5.00pm kind of suburb – but the residents and businesses are seeking more!
When baby boomers are moving to an apartment – they may be downsizing in the floor size they plan to live – but not on their mortgage or lifestyle!
While 2017 is a peak year for apartment delivery, Urbis still predicts a shortfall by 2020.
While Perth has the most affordable land in the Nation – we need to start diversifying our economy and population to stimulate this sector.
The housing supply in Perth has not matched population growth resulting in a shortage – now is the time for action!