Perth has consistently been one of Australia’s fastest growing capital cities and is in the midst of major physical transformation.

Perth consistently ranks in the world's top ten most liveable cities. Many of these transformational new projects reinforce its position as a contemporary, cosmopolitan city.

Creating innovative, dynamic and sustainable places across Perth, revitalising urban precincts and transforming the city is the task of the Metropolitan Redevelopment Authority (MRA).

In partnership with local government, communities and industry, the MRA plans and develops large-scale projects within the Perth metropolitan area to cater to increasing demand from international tourists, business travellers and migrants, and to a population that is expected to reach 3.27 million in 2026.

A number of landmark urban development projects are underway that offer opportunities for international investors in property, hospitality, retail and entertainment.

The $2.6 billion Elizabeth Quay project, opened on 29 January 2016, is the centrepiece of a plan to revitalise central Perth and reconnect it with the Swan River. This waterfront venture has created ten hectares of residential, commercial and retail space where people can live, work and play.

Perth City Link – a significant inner-city transit-oriented project – will connect the central business district with the entertainment precinct of Northbridge, now that the rail line in central Perth has been sunk.

The 40-hectare Riverside project in East Perth will transform the city’s eastern gateway with new hotels, apartments, restaurants and parkland leading to the Swan River foreshore.

The Western Australian Government has invested $1.7 billion into the Pilbara Cities initiative for the continued improvement of infrastructure and services to develop its regional centres – Karratha, Port Hedland and other Pilbara towns – into more attractive and sustainable cities and communities.