A research produced by
A resilient Australian economy, off the back of a resources boom from mid-2000, historically low interest rates and a stable political environment have all contributed to an increase in apartment investment in Perth in recent years.
Perth has predominately been a single dwelling market but more residents are accepting the style of higher density living. With a trend emerging across the country towards inner city living and residents wanting to live closer to where they work, its likely to continue with upcoming generations but also the older population wanting to downsize, but still be close to services and part of the inner city activity.
Source : Knight Frank
