Buyers Agent Perth

📈 WA Property Market Update: Why There’s Still Room for Strong Growth

Despite recent record price rises, the WA property market shows no signs of slowing down. As REIWA CEO Cath Hart pointed out, with WA’s population growing by 3.3% in the year to December 2023, the state saw 79,000 net arrivals. That equates to about 31,600 new households needing accommodation. However, with only 16,800 homes completed during that time, there's a significant shortfall of around 15,000 homes.

This supply-demand imbalance is a key driver of ongoing price growth. Even if population growth slows, the housing market still faces years of catching up due to the current labour constraints and pent-up demand.

In the broader economic context, Perth's diverse economy and WA’s stable long-term contracts in the mining sector, provide a thriving job market and economic activity that supports housing demand. Unlike previous cycles, we're not seeing an influx of trade workers from the Eastern states or overseas, which means our capacity to build new homes remains limited.

In short, WA’s property market has years of strong growth ahead, fueled by persistent demand and a slow rate of new housing completions. If you’re considering a property move, now could be the perfect time to take advantage of these conditions.

💬 Curious how this impacts your property decisions? Let’s chat!

https://reiwa.com.au/news/perth-median-house-price-growth-outpaced-the-nation-in-june-2024-quarter/

Looking for Property in Perth? Here’s Why School Zones Should Be on Your Radar.

Choosing where to live in often goes hand-in-hand with deciding on the right school for your children. Our latest article reveals how being near top schools like Christ Church Grammar and Shenton College can drive up demand and prices in nearby suburbs.

Investing in these isn't just about your child’s education—it’s a savvy move for long-term property growth. Curious how this could impact your next purchase? Dive into the full article to learn more.

Ready to find your dream home in a prime school zone? Contact today!

https://www.buyersadvocateperth.com.au/the-impact-of-school-zones-on-perth-property-prices-a-closer-look/

The Impact of School Zones on Perth Property Prices: A Closer Look - Buyers Advocate Perth Discover how school zones in Perth influence property prices and impact real estate investment decisions. Explore case studies here...

Thinking about dipping your toes into property investment? This post dives deep into why quality trumps quantity for lasting success in the real estate game. Don't miss out on valuable insights about capital growth and budget allocation!

Quality Over Quantity: Investing in High-Quality Properties - Buyers Advocate Perth Are you considering investing in high-quality properties? Discover why prioritising quality over quantity is paramount. Read more...

🔥🏡 Market on Fire!

Behold the scene in a regular suburb! Photos capture the frenzy as well-priced, well-presented homes draw massive interest. Our data-driven research leads the way in one of Australia's hottest property markets. Being a buyer is tough, but we're here to guide you, ensuring you avoid the pitfalls of a "fed-up" purchase. Let's secure your ideal property with confidence!

What's your favourite Podcast?🎙️

I was lucky enough to be invited to guest podcast on one of my personal favourites! Just wrapped up an enlightening session on " Elephant In The Room Property Podcast" diving deep into the dynamics of the Perth property market! Kudos to the hosts Bates and Morgan, for their insightful questions, even the tough ones.

- We took a journey through Perth's evolution — from a laid-back town to a vibrant city, breaking free from the "just a mining town" stereotype. The city's diverse economy, driven by a mix of job opportunities and resources like lithium and renewable energy, positions Perth as a robust investment hub.

- Unpacked the forces moulding Perth's property landscape, including relative affordability, low supply, tight rental conditions, lifestyle appeal, migration trends, labour shortages, and mean reversion potential.

- Explored Perth's transition beyond 'digging and shipping' to secure lasting economic strength and property growth. With soaring population growth, acting as a gateway to Asia, and harbouring global city ambitions, Perth's trajectory looks incredibly promising.

- Shed light on the East Coast media bias and - a big current issue - potential risks tied to non-local buyers agents. Shared a cautionary tale of a "Property Dumbo", underscoring the crucial role of professional advice.

Whether you're deep in the investment game or just curious about real estate nuances, this podcast has got you covered. Keep an eye out for the episode release!

Stop! Don't Invest in Property Without Reading This First!

Investing in property can be a powerful wealth-building strategy, but not all properties are equal. Check out our guide to investing in quality assets. Learn about investment-grade properties, their key characteristics, and how to avoid costly mistakes. Don't settle for just data—combine it with property know-how for informed decisions. Read more: https://www.buyersadvocateperth.com.au/how-to-avoid-buying-the-wrong-property-a-guide-to-buying-investment-grade-properties/

Investment Grade Properties: A Guide To Buying One Find out the main characteristics of investment-grade properties as well as tips to avoid buying the wrong property... Read more

Advantages of Working with Experienced Buyers Agents Perth. Feeling lost in the property maze? That's where seasoned buyers agents step in – your savvy sidekick in the real estate game. They're not just professionals; they're your safety net against potential hiccups. From spotting hidden issues to staying ahead of market shifts, their know-how is gold. Get VIP access to off-market gems, ride the market waves, and watch your wealth grow. Don't settle for less - invest in your future with experienced buyers agents Perth. Check out the full article here: https://www.buyersadvocateperth.com.au/the-experts-edge-how-an-experienced-buyers-agent-transforms-property-buying/

How An Experienced Buyers Agent Transforms Property Buying When buying property, the abundance of contradictory information can be overwhelming. That's where an experienced buyers agent comes in...

Check out this article on the benefits of property investment! Learn how property can help you build wealth, protect against inflation, and leave a lasting legacy for your loved ones. Discover why property is a stable and valuable investment option, with favorable borrowing conditions and a history of resilience.

The Reasons to Invest and the Benefits of Property Investment - Buyers Advocate Perth Discover compelling reasons for investing & the numerous advantages of property investment as a means to build wealth... Read more

Elevate your property search - Introducing our exclusive property evaluation checklist! http://buyersadvocateperth.com.au/

Whether you're a seasoned investor or a first-time buyer, this checklist is your secret weapon. Here's a sneak peek of what it covers:
✅ Key features to look for - Must-have's in a quality property
✅ Prime Location - Convenience without the chaos.
✅ Lifestyle & Recreation - Where people want to be.
✅ Demographics & Design - Matching style with surroundings.
✅ Deal Breakers - Avoid pitfalls and headaches.

At Buyers Advocate Perth, we live and breathe these criteria to secure top-notch properties. Ready to make a move? Contact me on my updated mobile number 0447 305 303, or [email protected] Let's find your ideal home or investment property together!