Are we on the cusp on a new economic boom?

Property owners and buyers should take confidence in the strengthening WA economy with the State on the cusp of a new economic boom.

A list of new projects are projected to bring in billions of dollars into the economy that could set up our State for years to come.

However unlike the last boom it is not all based on resource projects, this huge job-creating investment will be spread across a range of industries, creating a more sustainable economy.

The projects includes a potential $165 billion in planned future resource projects plus a healthy list of planned road and rail projects, new schools, shopping centre redevelopments, a new Perth airport runway and office, hotel and apartment developments at Belmont Park and Elizabeth Quay.

This significant investment into WA will provide job security and with job security provides confidence to invest or upgrade in property.

Be ready. If you would like an appraisal to know your property position call me on 0422406199.

Kind Regards
Mareena Weston

ARTICLE SOURCE: The Sunday Times

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