I spoke to a group of real estate agents last week about why we should be happy about living in WA.
Very interesting topic indeed!
As I prepared the speech I thought to myself, was it because the State Government had committed $24 billion to infrastructure projects over the next four years that I had reason to feel so positive?
Or that everywhere I looked at the moment, I only saw cranes in the skies of Rivervale, Northbridge, Waterbank or Elizabeth Quay?
Maybe it was because, despite unemployment rising, we still have the best employment rates across the nation?
Or was it simply because demand for housing far outstripped supply?
Take your pick!
With all that is happening, it has to be duly recognised that WA and Perth are now undergoing a significant period of transformation.
This is a time for firsts, such as the $389 million Ritz Carlton and there is nowhere else, quite frankly, I would rather be!
This means that now is the ideal time to also take stock, assess the situation and if needs be move into new areas, become more competitive and be truly innovative!
We recently saw that BHP and Rio Tinto dropped their prices so as to remain competitive with their iron ore exports. FMG failed to see the signs and were caught out. They wanted an enquiry – but at the end of the day – you are strategic – or you are not!
Unequivocally Perth is entering a new era and in ten years’ time we won’t even recognise the Perth of today.
That is good news and we should be shouting that from the rooftops!
So take that as a sign that maybe it is time for you to also change up your game and see what you can do to make the most of these happy times!
PropertyESP loves to research sales and property trends and then share the news through motivational speaker Samantha Reece. If you are looking for an interesting insight contact PropertyESP at www.propertyesp.com.au