MINERS AT COAL-FACE SHOW CONFIDENCE IN PROPERTY

17th January 2007

West Australians working at the coal-face of the State's economic boom - the mining industry - are showing continued confidence in the property market snapping up investment properties at high levels.

According to Perth buyer's agency, Property Wizards, workers on the front-line of the resource boom are in a privileged position to witness the strong driving forces behind WA's economy and are moving to capitalise on solid buy and hold opportunities in the property market.

Property Wizards managing director and buyers' agent Liz Sterzel said increasing numbers of mining workers were making their mark in the property market and enlisting the help of professionals to do so.

"Miners are in the thick of the boom and can see first hand that WA will continue running in high gear well into the future, so they're not buying into talk of a downturn in the property market,' she said.

"They are seeking out pockets of Perth that are showing substantial potential and getting in - whether they be investments or, for fly-in, fly-out workers, it may be that they're picking up homes for their families based in the city."

Ms Sterzel said there was a strengthening trend for mine workers to turn to buyers' agents to help them secure outstanding properties.

"Because mine workers often operate on a fly-in, fly-out basis, many don't have a lot of time for property searching, so we are seeing more and more using services like our own to make sure they stay ahead of the pack," she said.

"Mine workers are now realising the benefits of having an expert on their side, so they don't have to spend family and rest time researching and trekking around a number of unsuitable properties or get caught up in lengthy negotiating deals."

For more information, please contact
Mr Trevor Dunkley
Director
Property Wizards
trevor@propertywizards.com.au
Tel: (08) 9381 7450