Can Tenants & Buyers Afford Higher Prices?
Perth Property Insider Podcast
English - July 10, 2024 09:25 - 11 minutes - 10.9 MBInvesting Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In today's episode of Perth Property Insider, we dive into the essential topic of housing affordability and its impact on the property market. Using the latest Real Estate Institute of Australia report, we'll compare Perth's average household incomes, loan repayments, and rental costs with those of other states, providing a comprehensive view of our market's standing.
I will break down the numbers, showing that relative to incomes, Perth still boasts some of the most affordable loan repayment rates and rental costs in the country. I’ll explore the potential for further increases in house and rental prices, highlighting what these trends mean for both investors and residents.
Join me as I uncover why Perth remains a prime destination for migrants and property investors.
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] Housing Affordability in Perth, Comparing It to Other States in Australia [02:16] Perth Property Market Affordability and Potential for Growth [4:56]Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
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