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The opening of a new real estate office has been heralded as a positive sign for Perth’s Mount Lawley property market, which is projected to rise as an “attractive” locale in the long-term.
The Peard Real Estate Group opened a new office in Mount Lawley to establish a foundation for serious long-term gain after Peard’s success in neighbouring Leederville.
“We decided to open this new office in Mount Lawley because of the huge success of Peard Real Estate Leederville which opened in 2012,” Peard Real Estate Group CEO Peter Peard said.
“Over the past four years, the Peard Leederville office has grown to become a dominant force in the Leederville property market … and we are very confident that this success will be repeated in Mount Lawley based on the common synergies between both areas.”
Peard opened an office in Mount Lawley in response to the demand for property in inner city suburbs as a result of the rising population in Perth.
“It is projected that over the next thirty years, the overall population of Perth will rise to 3.5 million people and the further geographic expansion of the city will make the inner city areas of Perth such as Mount Lawley very attractive to property buyers,” Mr Peard said.
“Developers are already seeing the future potential of Mount Lawley with new residential developments around the Beaufort Street precinct which is now rivalling Subiaco and Northbridge as a popular social hub.
“The opening of the new Peard Mount Lawley office is yet another vote of confidence in the local property market.”
Mr Peard said the location of Mount Lawley, close to the Swan River and Perth’s city centre, makes it a future property hot spot.
The Peard Mount Lawley office will be headed by Peard Leederville’s Di Pitchford, Helen Bond and Peter Cron.
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