Has Perth Reached Its Peak? Should You Stay Away Or Invest?

Has Perth Reached Its Peak? Should You Stay Away Or Invest?
Perth just might be the hottest city in all of Australia...
But after all the growth, how much steam does it have left in the tank?
And what indicators do you need to look out for to spot when the market cycle top is nearing?
Well today, we’ll discuss all that and more as we break apart everything you need to know about the Perth property market.
Whether you’re keen to start investing there…
Or you’ve already bought your own piece of Perth.
This is an episode that you’ll want to listen to a few times as we gain a better understanding of how to better analyse markets, just like Perth!
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CHAPTERS:
00:00 - Perth Property Market Overview
02:42 - Economic Indicators and Property Demand
05:11 - Local Affordability and Property Growth
09:58 - Perth's Undervalued Property Market
13:13 - Identifying the Market Peak
14:59 - Misconceptions About Past Growth
19:01 - Inventory Levels and Market Activity
20:59 - Vendor Discounting and Market Dynamics
22:01 - Longevity of Perth's Property Boom
24:29 - Risk Assessment and Market Diversification
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Disclaimer: The information provided in this podcast is general in nature and should not be considered as personal financial advice. The podcast host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.

[@investorkit]

Would you still invest in Perth after watching this?

[@foresthill8462]

Yes, and thank you for the helpful video. I'm also looking at Brisbane but might lean towards Perth

[@Northstar2000]

Fk yea perth to the moooooooooooon 🚀 🌙 🌚 🎉

[@leonie563]

1. No toll roads vs Sydney average annual tolls at $5k. 2 Perth on Hong Kong time for business. 3. Beaches along metro area. 4. Metronet public train/bus ports South to North 5. Mostly flat terrain so climate change unlike Sydney and Brisbane won't create land slides and flooding That's just 5.

[@nq6417]

This was the best video on Perth I’ve ever seen. No fluff just data without the hype. Nice to see a KZbinr respect viewers intelligence….rare these days

[@investorkit]

Really appreciate it my friend 🙏🏽 I’ll keep content like this coming.

[@kitanoworld]

Thanks Arjun. Great insight into the Perth market.

[@investorkit]

You’re welcome! Glad you enjoyed it

[@Justin-vp7mr]

Always Great to watch, very informative and easy to understand.

[@investorkit]

Appreciate it Justin ! Thanks for supporting the page

[@user-xt8gu9tr5x]

Great vid, loving this podcast!😊

[@investorkit]

Cheers my friend

[@pantsgaming759]

Perth will rise min 10% from the day of video and if the stars align could be 40% (mining holds up, rents keep rising , interest rates drop)

[@investorkit]

No doubt it’s moving very strong

[@GU3SSwho1]

Hi Arjun, could you please comment on what websites/platforms you use to track the local job market, job advertisement data, output of state revenue and local incomes etc

[@peterhsieh380]

Excellent analytical from the speaker.

[@investorkit]

Thank you very much!

[@leonie563]

Yep but interstate and overseas buyers are parking cash in hard assets and thats why they are choosing Perth. They are also bouncing off tax incentives. I'd be looking for how many "vacant properties" are being sat on.

[@investorkit]

Our look at vacant properties still shows it’s a drop in the ocean.

[@davelim2573]

can you talk about the future of melbourne property? Isit undervalued now?

[@investorkit]

Great question! We dropped a video on it 2-3x months ago. You’ll enjoy it! It’s a similar approach to this video

[@TheLolz1988]

Very logical

[@investorkit]

Thank you and appreciate it!

[@kparker1615]

Average property prices in Perth are $700 - your calculations are based on $500K - there are no properties unless you look at a unit / apartment. So your figures regarding affordability too out of date and irrielvant - which makes everything else you said irrelevant.... for a vid that is only 3 weeks old - disappointed

[@investorkit]

There are many regions to south of Perth and north to where houses $450-$600k are possible If everything was out of date and not valid in today’s terms why would growth be occurring if everything was unaffordable? Affordability is a big part to play in today’s growth.

[@Sv-ry9lj]

Interstate buyers flocking the suburb Armadale like it’s a great value buy blah blah hasn’t seen the time where owners called tenants and voluntarily reduce the rent. Armadale will be the last suburb someone would want to rent when the rental market cools down

[@RavinderSingh-cs9rj]

Exactly similarly gosnells and to some extent Thornlie. I mean I saw someone posting a chart yesterday that Armdale and gosnells are no 1 and 2 on the list of suburb with the most growth Aus wide. It’s shocking.

[@Sv-ry9lj]

@@RavinderSingh-cs9rj Haha exactly Thornlie and Gosnells. I am excited to see how next down turn pans out. This boom can last for few years once it’s over, the interstate buyers will vanish. Like how they did between 2010-2020, I bought a land purchased for less than the cost price for the seller. yes I repeat they sold it in loss. The flat I rented has just come to the price of how much they bought in 2010, took 10 years. It’s in Thornlie.

[@jerry2218]

The same could be said about Coolbellup and Willagee nobody wanted to buy there. Look how well they have gone. If you go back far enough even Fremantle

[@JL00212]

Can I invest in this channel? Calling 20k subscribers by end of year. Gonna come back to this comment 😂

[@investorkit]

Really appreciate the kind words! Doing our best to provide the best content and data in Aus. Will keep on improving and hopefully reach that milestone 🙏🏽🔥😀

[@JL00212]

I think the community is lacking content on macro. Govt housing, migration and tax policies. Market cycles and when to exit

[@Northstar2000]

Perth = doge coin once it breaks out no stopping it. Its going to 100x

[@Sv-ry9lj]

It can be other way as well or stay stagnant for 10 years. Like 2010-2021

[@shelby6622]

It's one of the cheapest property markets in Australia, you do know that right?@@Sv-ry9lj

[@investorkit]

It’s on a run right now for sure. However all markets can go flat and decline too. So we can’t rule it out. However clearly won’t be for long due to supply and affordability

[@volkandogan4663]

Stay away

[@DISCO_DUCK.]

Yep investors have destroyed housing in Australia.