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Is the construction industry on a slowdown in Perth


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HI, is the construction industry industry in Perth on a slowdown, some of the papers in Ireland are showing that due to china's slowdown Perth is also in troube. i am making the move in June/July and have family of 4. I would like to know if any members are finding it hard to find work. I will be looking at quantity surveying positions. Thanks

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My husband used to work in the residential sector in the uk as an estimator and a qs. He could not get an interview with one house building company last year, despite most of them recruiting, all his interviews were for commencial companies. He works in commercial now, and they are saying commercial projects are definitely slowing, but they expect residential to keep growing due to the high demand for housing. But good luck getting an interview!

 

personally i cant see the housing demand staying as high as it is. I think less people will be making the move to Australia, especially Perth, if there are not the high paid jobs as expected at the end of the rainbow. This will lead to a slowdown in housing as you wont have the migrants coming over and snapping up houses and keeping the rental and sales markets buoyant. Locals who are not fifo or in high paid jobs can barely afford to buy in a decent area here. We looked at a mortgage of $400k and repayments were over $2000 a month. That does not get you much in Perth and you have to live far from the city, which is where most people work. I dont think housing will crash like in the uk, but its got to stagnate at some point. But hey who knows!

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At the moment the residential sector is booming. There is a lot of house building going on and many people are complaining about it taking so long to build because the companies can not find enough staff. Commercial is certainly slowing, though that may change in the near future when Elizabeth Quay is ready for development

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My husband used to work in the residential sector in the uk as an estimator and a qs. He could not get an interview with one house building company last year, despite most of them recruiting, all his interviews were for commencial companies. He works in commercial now, and they are saying commercial projects are definitely slowing, but they expect residential to keep growing due to the high demand for housing. But good luck getting an interview!

 

personally i cant see the housing demand staying as high as it is. I think less people will be making the move to Australia, especially Perth, if there are not the high paid jobs as expected at the end of the rainbow. This will lead to a slowdown in housing as you wont have the migrants coming over and snapping up houses and keeping the rental and sales markets buoyant. Locals who are not fifo or in high paid jobs can barely afford to buy in a decent area here. We looked at a mortgage of $400k and repayments were over $2000 a month. That does not get you much in Perth and you have to live far from the city, which is where most people work. I dont think housing will crash like in the uk, but its got to stagnate at some point. But hey who knows!

 

yea, it will be hard i suppose to find work, but the economy seems to be better than in Ireland. We will take a chance like most on this thread and hopefully it will work out for the best. thanks for the reply

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I wouldn't say it's slowing down to much anyway.

 

Residential seems to be firing up houses wherever they can. Plenty Commercial work out there with the likes of Elizabeth Quay starting very shortly, new stadium started various other projects such as hotels etc.

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Can only speak for myself but in the 5 months we have been here I have only managed to work a handful of full weeks . If things don't start to pick up soon I will be questioning if we have made a mistake by coming here . Don't get me wrong it is a beautiful place but a very expensive one as well , we are paying $560 a week in rent about $280 a week for food ( family of 5) + other bills . My wife has applied for countless jobs but not even had an interview yet , we always said we would give it 2 yrs & take it from there but if things. Don't pick up soon we will not be able to afford that luxury as we would then have to come back to the UK with nothing & at 42 that would be horrendous . Perth is a wonderful place but not worth bankrupting yourself for .

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When we come over,we have the potential funds (man maths remember) for $100,000 aus dollars to set us up,car nice rental and up to a year off. A further $100k as a house deposit if things work out. If not,we will head back to the UK knowing we have had a try. Like Floorman says at 40 odd with a family you can't bankrupt yourself !

 

On a side note,is circa $200k enough to settle on without money worries (I know us Brits don't talk about money,but someone has got to ask!) I will be spending £15k to get us all out there and probably blowing a load more so I could do with knowing if we will be ok.....

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OH been looking for work for 10 days I know it will take a while but it is so frustration when they do not get back to you.When he applied for work in England they soon got back to say try again when you are in Australia.

 

Deb

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When we come over,we have the potential funds (man maths remember) for $100,000 aus dollars to set us up,car nice rental and up to a year off. A further $100k as a house deposit if things work out. If not,we will head back to the UK knowing we have had a try. Like Floorman says at 40 odd with a family you can't bankrupt yourself !

 

On a side note,is circa $200k enough to settle on without money worries (I know us Brits don't talk about money,but someone has got to ask!) I will be spending £15k to get us all out there and probably blowing a load more so I could do with knowing if we will be ok.....

 

That is probably more than most come with. But scarily $100k probably wont get you a year off! The first weeks of the move leaches money. But it is a very good amount. The $100k for housing is a very healthy deposit - about 20%

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That is probably more than most come with. But scarily $100k probably wont get you a year off! The first weeks of the move leaches money. But it is a very good amount. The $100k for housing is a very healthy deposit - about 20%

 

 

Cheers VS,

 

We are very lucky and the next man will be even luckier,if it wasn't for a divorce 5 yrs ago I would have loads of cash! But hey oh I wouldn't have my beautiful partner and little boy.

 

Roughly we can afford to "lose" the first $100k,but the second one will either deposit us a house in OZ or back in the UK.....

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Hi, if he wants to do survey work / setting out he may have to re qualify - i was an construction engineer for 15 years but found out nearly every job here is licensed and takes a while to sort / requalify - and it doesn't matter if websites say there's a 1000 jobs in a certain discipline if you haven't the correct license, or the correct experience (local) it can be an uphill struggle -- however, if lucky might be ok -- mmm wanting to say positive things -- nothing ventured nothing gained as they say -- good luck --

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OZ is on a slowdown. Construction, as in mining infrastructure (NPI), is all but dead (this is where the boom was), housing is booming but very market reactive, commercial is a bit quiet. The big metro projects people refer to are not that big (collectively), in the scheme of things when you are taking it into context of a city of over 2 million people. I left for the UK in early Feb, I was very apprehensive about the future, not necessarily fearing unemployment, but the downward pressure on wages / packages and greater competition. Perth isn't cheap and most people cant survive very long away from the treadmill. In my network I know an awful lot of established high level people "seeking new opportunities" many of whom are now entering 3 - 4 months of unemployment. None of that means you won't find a job, it just isn't what it was by any stretch of the imagination.

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