Affordability vs. Growth: What’s Next for Perth’s Property Market?
Episode description
Can we still call Perth property affordable?
Today, I’m diving into where Perth stands on affordability compared to the other states' cities as prices continue climbing.
I’ll cover both sales and rental markets, compare us to other states, and share what these shifts mean for buyers and investors. Some of the insights might surprise you.
If you’re wondering where the market’s heading, stick around — I’ll share my thoughts on how this will impact buyers' and tenants' potential to pay higher prices. Let’s go inside.
Resource Links:
- Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property (https://www.investorsedge.com.au/invest-in-perth-property/)
- Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
- Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
- For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
- For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
Episode Highlights:
- Intro [00:00]
- Affordability and House Prices in Perth [01:31]
- Comparison of Household Income and Loan Repayments [02:11]
- Impact of Interest Rate Reductions on Affordability [06:49]
- Projections for Future House Prices and Rental Affordability [09:57]
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