Perth Property Market Update - Feb 23 - The Quiet Achiever
Perth Property Insider Podcast
English - February 01, 2023 17:00 - 27 minutes - 25.2 MBInvesting Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 112: Reasons to Sell in 2023... Or Not
Next Episode: Episode 114: Q&A Should I Buy This?
There's a HISTORICALLY low vacancy rate in the Perth rental market, and that can only mean that rents are going one way… UP!
Plus there is plenty of activity in the Perth sale market, with lots of migrants and investors in the mix fighting to secure a property.
Join me as I dive deep into my Perth Property Market Update to give you an overview of what's happening in the market.
And that's why I'm calling Perth "The Quiet Achiever" at the moment. I'm gonna go into why in this episode.
Resource Links:
Considering Sale - Get a Complimentary Sale Appraisal (www.investorsedge.com.au/appraisal) Get details of Investor Support Services for help with Buying (www.investorsedge.com.au/invest) 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/) Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)
Episode Highlights:
Sale Market: Housing Markets and Unit Markets [00:58] Fast Growing Market Doesn’t Reflect for Overall Median [03:24] Perth Rental Market [06:14] Median Rent Has Spiked Up [07:55] Where Perth Sits Relative to the Other Capitals [08:52] Where Are We in Terms of the Overall Economic Clock for Australia? [14:04] Decrease in the Homeowner Lending [16:38] Interest Rates Increases Due to Inflation [17:42] Where Are We at in Terms of the Overall Economic Clock? [19:08] Economic Forecasts From the WA Government [21:23] What’s Going on in the Property Market [23:35] Outro [26:37]
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