Perth Investment Property

We wanted to give a big picture of what we see happening in the Australian economy, not so much now but certainly in the next 2 to 3 years. You see, there are some amazing changes occurring right now and this is a unique time in Australian history. We have the biggest mining boom in Australian history and the Reserve Bank has said that the demand for steel has had a major effect on Australia’s terms of trade. In fact China has gone from 5% of export trade to a staggering 22% and is predicted to take up 33% of our export trade in the next couple of years.

It is important to get an idea of what is happening in China, they have a massive commitment to urbanisation and this is causing changes within their economy and in ours. The Chinese are building 30 million new homes a year and are committed to do so for the next 5 to 10 years. To put that into perspective, Australia has around 8 million homes in total; the Chinese are building 30 million homes a year and have gone from 5% of our export, heading to 33% of our export trade. We have all heard of this Chinese emergence but it is much bigger than we have ever thought and it is having a huge effect on Australia.

The Chinese have an insatiable appetite for steel and right now there is $139 billion in capital works happening this year in Australia, most years over the past decade $30 billion in capital works has been seen as very substantial and get this, there is another $700 billion in capital works coming on in 2012 through to 2015, a boom like this has never been seen in Australia before. This super boom will create many new jobs and higher wages. Authorities are also saying that we already have a residential housing shortage of some 204,000 houses and this figure is estimated to increase to around 250,000 by 2015.

So what does all this mean to you who are interested in Perth Investment Property? This incredible, unique opportunity in Australian history all points to a housing boom in the next 4-5 years. Perth, Western Australia is at the very hub of the majority of this frenzied activity in the resources boom, this represents a once in a life time opportunity. Your time to act is now!

Steve Gillespie, Millionaire Property Makers Pty Ltd   26.8.11

 

Don’t let this opportunity pass you by. I urge you to contact us for your Free Blueprint “How to Safely Buy 7 Houses in 7 Years and Retire Early with Financial Security and Freedom” (valued at $37) phone 1800224825 or visit www.millionairepropertymakers.com.au