What does 2019 hold in store for the property industry?
Last year was a challenging one across the property industry with a lot of vacancies, both in the commercial and residential sector, which saw developers proceed with greater caution. This year it seems that the property industry is in for an upswing. Better predictions for the residential market, dropping commercial vacancy rates and trends indicate that across the board there will be recovery in the industry.
On the home front we have a few big projects that will come to fruition this year, including some multi-residential developments, commercial fitouts and aged care developments. Hopefully this positivity spreads and Perth continues to see great developments enhance our city.