Why choose Perth for Commercial Property Investment?
Given Perth’s location on the west coast of Australia, it tends to be a more accessible region for internationals. In addition, it is also an ideal location for many businesses serving countries in and around the Indian Ocean. Many industries operate out of Perth and the surrounding cities. The local government is investing heavily in new buildings and infrastructure, and population is growing at a relatively stable rate.
Benefits of Commercial Property Investment in Perth
The commercial property market in Perth is developing. The local government has invested heavily in the city and surrounds, new residential developments and local infrastructure. This helps to encourage businesses to operate in Perth and create a demand for office and retail space. With plenty of seaside views, Perth offers an extraordinary environment for businesses operating in all industries. New commercial property developments are being created which is a positive sign for investors.
Key Points to Commercial Property Investment in Perth
- Before investing in Perth’s commercial property, review the performance and experience of the trustee and the portfolio of properties.
- Do not rely on old advice as the market and economy changes frequently.
- Do not invest in commercial property unless you are comfortable and completely understand what you are doing. Property markets change periodically.
- Make sure you engage a financial, legal and tax advisor because you make an investment so that you obtain the best results possible.
- Make sure you perform extensive due diligence of the investment you propose to make so that you do not make any bad decisions.
- Remember to not critically compare commercial properties as each property is different. The type of property, location and tenancy history all influence the value and yield of the property.
- Before agreeing to a tenancy make sure you understand their business and perform checks on the financial performance of the business.
Perth Property Investment Market Updates – Quick Overview
The economy of Perth dominates the Western Australian economy. Given its location on the west coast, international companies wanting to establish operations in Australia do consider Perth as opposed to Sydney for accessibility reasons. This demand for commercial property space is a good sign for investors in 2020.
Commercial Property Investment & Real Estate Syndication in Perth with Peak Equities
We have a strong portfolio of properties in Perth with our commercial property syndicate option. We diversify our holdings to ensure that downturns in other States are softened by stable economic conditions in the West. On average, the yield of a typical commercial property syndicate is between 4-9% p.a. This rate is higher than residential property investment Australia.
