Buyers Agents wa

Find the right buyers advocate for WA real estate.

For the past five years, the housing market in Western Australia has shown weakness following the end of over a decade-long mining boom.
The WA economy has a history of boom and bust. Heavily reliant on the resources industry, the western state sees periods of both strong growth and decline in house prices.
One of the key drivers of Perth's property market is its net interstate migration. This is directly linked to the number of jobs on offer in the mining industry. At its peak, WA saw 10,000 new arrivals from interstate each year. However, since the end of the boom, over 10,000 people have left the state each year. In the last 12 months, migration has turned a corner and we're now seeing both jobs and people returning to WA.
Western Australia has a population of over 2.8 million, while greater Perth has a headcount of over 1.7 million.
Across Western Australia, there are currently 22,489 properties for sale. In Perth, there are 18,477 properties on the market.
Western Australia currently has 14 Buyers Agents that service both owner-occupiers and investors.

In Western Australia, the Buyers Agent industry typically focuses on servicing local investors.

Buyers Agents for Investors

Given the price falls in many areas of the state, Buyers Agents in WA work mainly with investors. Compared with most other Australian states, only a small number of Buyers Agents operate within WA.
With capital growth difficult to come by in many areas of Western Australia, Buyers Agents in this location typically look towards advanced strategies such as sub-division and small-scale development opportunities in a bid to manufacture equity.
Since mid-2019, Perth's property prices have started to improve and there is growing interest from Eastern Seabourn investors looking to invest in this market. Rather than work with local Buyers Agents, however, predominantly these interstate investors tend to work with other state Buyers Agents who have a national focus.
On the upside, Perth is increasingly becoming an area of interest to East Coast investors as it begins to enter its next growth phase.