Follow trail, watchers told

PROPERTY watchers should note where the WA Government is spending on its expanded capital works program if they want to know where the future of development lies, says Premier Richard Court.

Mr Court made special mention of Bunbury and Geraldton and references to Fremantle, Leighton Beach and city capital works in general.

“That’s the only tip I give you today,” he told a recent Property Council of Australia luncheon.

However, Mr Court did suggest Joondalup had been underestimated as a university city and that he wouldn’t be surprised if real estate opportunities, including residential, arose there in relation to education over the next decade.

“We are now a mature, affluent city and there is no reason why we can’t become a leader in many different types of projects,” Mr Court said.