Perth’s Rental Market is Booming – Don’t Miss Out!

04-Apr-2025

Perth’s Rental Market is Booming – Don’t Miss Out!

Perth’s rental market is on fire. Vacancy rates are at historic lows, rents are soaring, and the supply of quality rental properties is drying up. If you’ve been looking for an overseas property investment that gives you both strong rental returns and long-term growth, you need to pay attention to Burswood Point.

I know Singaporeans have traditionally focused on Melbourne and Sydney, but let me tell you why Perth – and specifically Burswood Point – deserves a serious look right now.

Perth’s Rental Market: The Perfect Storm for Investors

Here’s why Perth is a landlord’s dream:

Near-zero vacancy rates

As of January 2025, Perth's rental vacancy rate has risen to 2%, a significant increase from the record low of 0.4% in March 2024. While this indicates a slight easing, the market remains tight, with demand consistently outstripping supply. Nationally, vacancy rates are even lower, at 0.8%, underscoring a landlord's market.  Compare this to Singapore, where rental vacancies are rising, and you can see why investors are flocking to Perth.

Rents have jumped significantly

The median rental price for apartments has increased over 20% in the past two years, and the momentum is still strong. This trend is not isolated to Perth; cities like Sydney and Melbourne have also experienced rent increases, but Perth's affordability and growth potential make it particularly attractive.

More people are moving to Perth's population is growing fast 

Western Australia’s booming economy (mining, tech, infrastructure) is pulling in skilled workers, all looking for quality rental housing.

For a Singaporean investor, this means high rental yields, low vacancy risks, and strong demand from quality tenants. Your property will never sit empty.


Now, Why Burswood Point? 

1. Burswood Point offers freehold properties

For Singaporean investors accustomed to leasehold tenure, this is a rare opportunity to own land outright in Perth, ranked the 20th most liveable city globally for 2025


2. Unique Features, World- Class Amenities and Lifestyle Appeal

This $3.8 billion mixed-use project is not just another project—it’s a high-end38-hectare master-planned prime riverside precinct just 3km from Perth CBD. This is waterfront living at its finest, with entertainment, lifestyle, and investment potential all rolled into one.

Golden Sedayu, the developer behind this project, has set a new benchmark for mixed-use developments in Australia. 

The project will feature 4,500 new residences, including freestanding homes and apartments at various price points. In addition to housing, the development will offer luxury hotels, retail spaces, office facilities, and recreational amenities such as riverside parks, beaches, and playgrounds.

Golden Sedayu Managing Director Andrew Sugiaputra describes it as “the biggest housing project Perth has ever seen,” with plans to open up 2.5 kilometers of Swan River foreshore to the public for the first time in 80 years.

Burswood Point stands out for its integration of nature and urban living. With over 110,000 square meters of public open space—larger than Langley Park—and a shopping center bigger than Claremont Quarter, it promises an unparalleled lifestyle experience. Residents will enjoy markets, luxury hotels, active recreation spaces, and seamless access to the Swan River foreshore.

The design aims to redefine riverfront living in Perth, offering a mix of premium tourism facilities alongside affordable housing options.

3. Unbeatable Location, Unmatched Connectivity and Convenience

Location is everything, and Burswood Point sits right on the Swan River, offering stunning views and direct access to the CBD in just 5 minutes. Compare this to Singapore’s Core Central Region (CCR) – imagine buying a property with Marina Bay or Robertson Quay-style waterfront views, but at a fraction of the price.

Adjacent to Optus Stadium and Crown Resort, it’s also within walking distance of one of Perth’s largest train stations. Whether you’re heading into the city or exploring Western Australia’s natural beauty, connectivity is seamless. For horse racing enthusiasts, Belmont Racecourse is right next door, offering twice-weekly races during winter—a unique lifestyle perk.


4. High Rental Demand – Tenants Love This Area

Burswood is already a sought-after location among professionals, expatriates, and high-income tenants, thanks to:

- Proximity to Crown Perth (the city’s top entertainment and casino destination)

- Optus Stadium (home to major concerts and sporting events)

- It has premium dining, bars, and lifestyle hubs that attract professionals and high-income tenants.

For you, this means steady rental income from tenants who are willing to pay premium rates.

5. Modern, High-Quality Apartments

The apartments at Burswood Point are designed to be premium, contemporary, and spacious, with high-end finishes. This isn’t just another off-the-plan development – the quality here is meant to attract discerning tenants (and buyers in the resale market).


6. Capital Growth Potential

Right now, Perth’s property prices are still undervalued compared to Sydney and Melbourne, but they are catching up. Burswood, being a luxury waterfront precinct, is expected to appreciate faster than other areas. If you invest now, you’re locking in a premium property before the next price surge.


7. Economic Boost and Job Creation

Burswood Point is not just a housing solution; it’s an economic powerhouse. The development is expected to inject over $10 billion into Western Australia’s economy and create more than 25,700 jobs over the next decade.

Infrastructure investments totaling $200 million have already been made, including new access roads and bridges connecting Victoria Park Drive into Burswood Point.

Premier Roger Cook,the 31st and current premier of Western Australia since 2023, emphasized the importance of such projects in addressing housing shortages while stimulating economic growth.

What Can You Buy in Burswood Point?

Riverfront Homes (Green Titled Houses)
TypeLand Size (m²)Total Area (m²)Starting Nett Price
River Homes395 m²498 m²$5,350,000
Garden Homes251 m²339 m²$3,250,000
Racecourse Homes300 m²392 m²

$4,500,000



SomersetEast  Apartments
Property TypeStarting PriceViews
One Bed$895,000River View
Two Bed$1,380,000Racecourse/ Stadium View
Two Bed + MP$1,750,000River/Racecourse/Stadium View
Three Bed + MP$3,500,000River/Racecourse/Stadium View

SomersetWest Apartments

Property TypeStarting PriceViews
One Bed$755,000River View
Two Bed +MP$1,595,000Racecourse/ Stadium View
Three Bed$1,950,000River View
Penthouse$6,990,000River/ Racecourse/Stadium View



Let’s Talk – I Can Help You Secure a Unit

I know that investing in overseas property is about having confidence in your choice. I specialize in helping Singaporean investors find the best opportunities in Australia, and Burswood Point is one I genuinely believe in.

If you’re serious about making a move, let’s connect. I can walk you through available units, financing options, and how to structure your investment for maximum returns.

Contact me now before the best units are taken!