• Perth
    Property Valuation & Advisory (WA)
    Quality independent professional property advice since 1978
  • Property Valuation & Advisory (WA)
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MARKET INSIGHTS

Western Australia has faced particular challenges in the tourism and tourism accommodation sectors since the downturn in its economy in response to a softening in the resources sector. However, the latest data to be published by Tourism WA shows encouraging signs for the tourism sector, particularly in the domestic market.

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After a difficult few years, the Perth CBD market is showing signs of recovery, with falling vacancy rates and positive demand. With very little new stock in the pipeline over the next few years it is anticipated that vacancy rates will fall further and that effective rents will start to increase.

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