As Migration continues into Perth at record numbers, and Perth's economic boom continues, we are pleased to offer a new apartment release.

Western Australia has the highest per capita output of any Australian state, with an economy that has been largely based on the extraction and export of mining and petroleum commodities.

It is also the world's third-largest iron ore producer, producing around 15% of the world's total iron ore output.   Western Australia extracts up to 75% of Australia's 240 tons of gold.

ECONOMY

Western Australia's economy has benefited and continues to benefit from an unprecedented amount of foreign demand for resources, particularly from China.

Perth has emerged as a significant administration centre for businesses in the mineral and oil and gas industries.

Western Australia, with about 10% of Australia's population, has historically generated approximately 30% of Australia's export revenues; however the recent commodities boom has pushed this figure to now exceed 40%.  The state generates more export income than New south Wales and Victoria (Australia's two most populous states) combined.

High incomes, strong corporate activity, lower unemployment, mineral revenue and a younger population mean that Western Australia provides a significant financial subsidy to all other states.

The economic boom in Western Australia is now so strong that a significant labour shortage has emerged.

PROPERTY VALUES

This boom has also caused a massive rise in property values.   Average residential property increased in value by over 40% in 2006, however values remained rather flat in 2007.   Perth property is now the second most valuable in Australia behind Sydney.

Large projects continue to fuel the economy, and population growth continues to push rental prices up.

In CALENDER YEAR 2007, PERTH HAD APARTMENT RENTAL INCREASES OF OVER 15.5%, amongst the highest in Australia.

Significant refining and manufacturing industries are located within the state and are continuing to grow strongly with the state's booming economy.

In September 2007, Hu Jintao, the president of China, visited Western Australia and committed to the purchase of AUD$45 billion worth of gas over a lengthy period.   This is the largest export contract Australia has ever had.

 

LOCATION

Just 25 minutes North of the Perth city centre, Joondalup has blossomed into a true individual city, with a personality all of its very own.   Joondalup offers all of the amenities expected of a prosperous, modern city:

World-class educational facilities, shopping precinct, commercial centres, an exciting entertainment district, beautiful beaches and premium sporting facilities.

Set in the heart of this burgeoning urban centre, Joondalup Village is perfectly located to reap the benefits of the exciting lifestyle that the City of Joondalup has to offer.

Joondalup Village is only minutes away from Western Australia�s Sunset Coast, an area renowned for its white sandy beaches and clean environment.

The City of Joondalup offers 17 kilometres of pristine coastline, highlighting the beauty and diversity of Western Australia�s spectacular natural environment.

Right next to Joondalup Village apartments, you will find the only known education facility in the world to incorporate a university, a police academy and a technical and further education campus.   Edith Cowan University, the West Coast College of TAFE, and the WA Police Academy all make their home in the Joondalup Learning Precinct.

Combined with quality primary and high schools, the education and training programs on offer add to the appeal of this location.

SHOPPING

A further stroll from Joondalup Village is the lively Joondalup city centre.    At its heart is Lakeside Joondalup  Shopping City, one of the largest shopping centres in the State that offers a variety of stores and specialist shops.   Surrounding the shopping precinct, you can enjoy cinemas, restaurants, cafés and commercial centres, and have access to hospitals, medical centres and well established public transport.

With all of these and much much more only minutes from your doorstep, the lifestyle offered by Joondalup Village is unsurpassed.

The rest of Perth is easily accessible by the Freeway, and the CBD is only a 25 minute drive, or a 20 minute train journey.

APARTMENTS

With a selection of one, two or three bedroom apartments, Joondalup Village gives you amazing variety and provides everything desired by the modern lifestyle.   Apartments are finished with fresh style and quality specifications.   Stone bench tops in the kitchen and bathrooms, glass splash backs, reverse-cycle air conditioning and European style stainless steel kitchen appliances are testament to this quality.   Additionally, built-in amenities, such as security intercom, pre-wired telephone and television points, ensure you have.

PRICES?

This OFF THE PLAN opportunity is available on 10% initial deposit, with no other payments until the end of 2009.

Prices for the one bedroom apartments are from AUD$ 330,000, and for two bedroom apartments from $420,000.

Finance is available up to around 80% of the price.

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