Perth's rental housing crisis has become a significant concern for our overseas clients considering a move to the city. The soaring rents, vacancy rates below 1%, and limited housing options have presented significant challenges for families, young professionals, and individuals seeking stable accommodation.
The spike in rental demand can be attributed to various factors, including a labour shortage in key industries, a booming mining sector, the return of overseas migration to pre-pandemic levels, an influx of foreign students, rising interest rates impacting property purchases, delays in new home completions, an increase in divorce and separation post-COVID, and property investors offloading properties due to stringent legislation. Additionally, a nationwide issue of investors preferring to lease out their properties as Airbnbs instead of offering longer-term rentals has further exacerbated the housing crisis.
While government initiatives are being rolled out to combat this situation, returning to pre-pandemic housing levels will take time and a little patience.
Despite these challenges, Elite Woodhams Relocations remains committed to helping our clients find their desired properties. Leveraging our expertise in the relocation industry, we collaborate closely with property managers, possess in-depth knowledge of the local market, and provide valuable resources to assist our clients in securing the perfect tenancy. Our dedicated relocation consultants make the process easier and more efficient. Relocations Consultants Making Your Life Easier
As a trusted partner to global organisations and individuals relocating, Elite Woodhams Relocations is dedicated to guiding our overseas clients through the highly competitive rental market in Perth. Our goal is to ease the stress of finding suitable accommodation and ensure a smooth transition into their new homes.
For expert assistance with your relocation to Perth, contact Elite Woodhams Relocations today. Our team is ready to work tirelessly to find the ideal property that meets your needs and preferences, making your move to Perth a successful and enjoyable experience.