Demystifying PERTH'S PROPERTY MARKET Trends

If you are considering whether to buy in Perth, sell in Perth, sit on the fence or you're just plain confused about where the Perth property market is headed, then this video will show you where Perth is going over the next 5 years. If you have anything to do with the Perth market then YOU MUST watch this video. The Perth market is moving incredibly rapidly, get the latest up-to-date info to position yourself for what's coming now!

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[gingerkilkus]

Back in the day, when I purchased my first home to live-in; that was Perth in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[waffle_burger]

This is a great summary, a lot of investors sold out in Perth from 2015-19, prematurely it night seem. Perth's future looks bright, WA has the highest mean salaries in Australia yet is still one of the cheapest capital cities. Coupled with a strong local economy and net migration, this growth cycle still has a long way to run. Eventually Perth will catch up to the eastern state markets.

[markmolloy]

"Quick buy now prices are going up don't miss Prices start coming down "Quick buy now excellent value...."

[stronzer]

fun fact, my 1970 $30, 000 3x1 timber house in Melb just sold for $860, 000
near on 29x original value. The new owners will have to restump it and 100% strip out the plumbing and wiring, a quote of at least $70, 000
The last annual rental income was $30, 000 a year, do the math, housing is going one way only, never south over a life time.

[craighaydcore]

The currencies around the world are being debased at an average of 15% a year. In nominal terms housing should continue to grow with the debasement everywhere. Until it doesn't, Governments said we needed inflation, they certainly gave it to us.

[keefegorge]

We are so heavily reliant in the mining sector here in WA. The mining sector is so heavily reliant on world economies. With the way politcal alliances are currently being formed, our economy might be affected by political moves which are out of our control. The housing market might be the least of our concerns.

[atascon]

should show more than the last 20 years to give your proposed hypothesis/theory any strength

[casperlow]

can be you please explain how are your kids or grand kids will afford houses?

[Mosesk]

Need to pull the horse up on immigration/overseas investors imo.

[kourtsmyth]

Is it really growth or is it just all inflation?

[d.j.z.j]

Hey mate isn't median 800 k. Will we meet oxford estimate at 1 mil. Will Perth trend the, 18.6 year cycle

[paulchamberlain]

Suspect you might be right…hope so! Don’t see it slowing down here soon

[MrGaZZaDaG]

Watch the recession and depression take dosn the property prices. There is no way Australia or Perth can dodge the reduced global demand on mining resources.

Every economy is retracting or already in a recession.

The prices are going to flatten out and the drop.

[jimmydickson]

I think the property market will crash no one can afford to buy it will become stagnant, young people can’t afford to buy houses so they will stop having kids for this reason even though you bring in immigrants there’s no houses for them and they probably can’t afford houses either our kids are back at home as they can’t afford a place wages can’t keep up

[Janet-hswl]

The housing market will come to crash soon can expect it will stay as is.

[kibwengoientombe]

PERTH IS SO ISOLATED AND BORING...I PREFER TO BE IN SYDNEY OR TEXAS DALLAS...AUSTRALIA IS BECOMING SO EXPENSIVE.