The world is awash with fast-growing and exciting cities, and Australia is home to several of the most exciting emerging from the shadows of their better-known counterparts in 2024. Perth – the capital of Western Australia – is a prime example, and has become a thriving hub over recent years, making a name for itself for its pristine beaches and thriving art scene, and enjoying robust economic growth.
For the luxury traveller, it’s now an essential stop on any Australia itinerary, but it’s also increasingly attracting young professionals and families from across the nation and further afield thanks to the excellent standard of living it offers. If it’s not on your radar just yet, then here’s why you’ll want to get to know this dynamic city, rather than later.
Breathtaking natural beauty
Located on the scenic western coast of Australia, Perth is home to some of the most stunning natural landscapes in the world, and is blessed with an abundance of sun-kissed beaches, with Cottesloe Beach and Scarborough Beach of particular note and offering turquoise waters and golden sands. Attracting swathes of locals and tourists throughout the year who come to relax, surf and attend a packed programme of high-end events, they are lined with lavish villas that appeal to affluent investors and holidaymakers alike.
Meandering through the heart of the city is the Swan River, and on its banks, you’ll now find myriad opportunities for exclusive riverside living – from beautiful houses to plush penthouse apartments. The riverside area is also a haven for boating and yachting enthusiasts, and the Kings Park and Botanic Garden on spectacular Mount Eliza offer some incredible views of the city.
A cultural hub
Perth is experiencing something of a cultural renaissance at present, with its arts and entertainment scene now one of the most exciting in the world. Home to a plethora of galleries and theatres and hosting numerous festivals – such as the Perth International Arts Festival – throughout the year, it’s a hotspot for creatives who come to make as well as to see. The Art Gallery of Western Australia is a particular highlight, showcasing an impressive array of indigenous and contemporary art, and draws in thousands of visitors from across the globe each week.
The city is also a haven for foodies, with a flourishing dining scene that features some of the most notable celebrity chefs in Australia and a variety of world-class restaurants, many deserving of a coveted Michelin Star or two for their creative and showstopping cuisine. Although the Michelin Guide doesn’t currently have a presence in Australia, it hasn’t stopped chefs striving to be the very best in the business, and at restaurants like The Wildflower serve up innovative dishes in a beautiful setting, with impeccable service guaranteed.
The city’s food and wine festivals, which include the Margaret River Gourmet Escape, are another example of the strides Perth is making in the sphere, and have contributed to it now being seen as a culinary hotspot.
Burgeoning economic growth and opportunities
Perth’s economic landscape is as vibrant as its cultural scene, and is a major driving force that has been propelling it to front and centre of the global stage to become one of the most sought after cities to visit and to live in this year.
The city has long been a powerhouse in the mining and resources sector, but it is now diversifying into technology, finance, and renewable energy, which in turn, has seen a surge in luxury real estate developments. As a result, there is now no shortage of lavish properties across the city to tempt affluent investors and those seeking dream residencies in spectacular locations – with high-end apartments and penthouses offering stunning views and state-of-the-art amenities ripe for the picking.
The influx of international businesses and expatriates has also sparked a growing demand for high-end amenities, and there are now a variety of conference venues in Perth that attract global business events, putting the city firmly on the map for international businesses and business travellers.
services and lifestyle options, and many well-known luxury brands now have a presence in the city, with shops and boutiques thriving in trendy and sophisticated districts like King Street.
It goes without saying that the economic stability and growth potential Perth exemplifies have made it an attractive prospect for investors and entrepreneurs of all kinds, which is set to only drive further growth over the next few years,
World-class education and healthcare
Of course, the standard of living the city offers outside of property has also proved to be key to its success, and the city’s education and healthcare systems are known for their high quality, with top educational institutions like the University of Western Australia and Curtin University sought-after choices amongst academics and students from everywhere.
An impressive healthcare system is another ace card the city has up its sleeve, with the esteemed Sir Charles Gairdner and St. John of God Subiaco Hospital renowned for offering world class care and facilities, as well as some of the most highly respected professionals globally, ensuring that residents have access to the very best medical services.
The bottom line
Blending natural beauty with a vibrant cultural scene and promising economic growth, Perth is a powerhouse that has fast become one of the world’s most exciting cities, and with so much going for it, it’s easy to see why. If you’re seeking a city that offers luxurious living and a fulfilling lifestyle, then this might just be it – but it’s just as worthy of a flying visit to check out all it has to offer if you’re just holidaying in Australia, too.
