• Rob Haynes

Perth Property Market Update

We attended a Perth Property presentation by LMW Valuers earlier today.

The presentation was informative and we are pleased to share the following summary points:

It’s not all doom and gloom:

  • Good affordable stock always in demand

  • Stock levels tightening in established, well regarded inner city suburbs (along coast & within 10kms of CBD)

  • Well appointed modern & contemporary homes in demand

  • Can still add value with good buying & smart spending

  • Further volatility possible, but we’ve seen the worst

  • Excellent buying in the current market, great opportunity for upgraders

What to be wary of:

  • Properties that need work, particularly in suburbs with excess stock

  • CBD apartments, still considerable oversupply

  • Development sites

  • Incentives galore

Whether you are a first home buyer, an 'upgrader' or an investor, it could be a good time to consider your property investment strategies. Give us a call to determine what is possible for you.

#increasingwealth #Besthomeloan #Personalstrategy #PropertyInvestment

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