It is estimated the population of Western Australia will grow by up to 475,000 people in the next 10 years (Bernard Salt/KPMG). This is the fastest population growth, by percentage of State population (2.6%) in Australia (Access Economics and CBRE, Jan 2009).

This growth, combined with low vacancy rates, high demand and an increasing trend towards inner-urban living (Bernard Salt/KPMG) presents great investment potential for central Perth.

Innovative revitalisation and planning techniques have made New Northbridge the popular, bustling urban village it is today. Investment attraction initiatives have resulted in significant investment from the private sector and $190 million of development has been seen in the area to date.

 

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