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