Perth Property Market Update May 24 - No End In Sight
Episode description
Today’s episode is my quarterly deep dive into the Perth Property market, and it's well worth tuning into! With a 43% decrease in the number of properties for sale over the last year and one of the tightest rental markets on record, our market is running hot and there is no end in sight for the growth in both sale and rental prices.
I break down the critical factors driving our market, from our strong economy, interest rates, inflation as well as buyer and investor activity from other states. I give you my outlook for the year ahead, actions to consider and how we can help you make the most of the market.
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]
- Perth Property Market Trends, Including Low Supply and High Demand. [02:12]
- Perth Real Estate Market, Including House and Rental Prices. [04:18]
- Australian Real Estate Market Trends and Outlook. [09:26]
- Australian Housing Market Trends, Investor and First-time Buyer Activity, Inflation, and Share Market Performance. [17:38]
- Perth's Economic Outlook, Population Growth, and Real Estate Market. [21:44]
- Perth Property Market Predictions, Trends and Investment Strategies. [25:58]
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