349 - Perth Property Market Update ft. Brendon Ptolomey

In this episode of the Perth Property Show, host Trent Fleskens and guest Brendon Ptolomey, Managing Director of Heron Todd White, discuss the current state of the Perth property market. They review the market movements since the start of the year, noting a significant drop in stock on the market leading to historical low levels and a rise in FOMO among buyers. The episode explores themes such as the rental crisis, construction cost challenges, and future economic outlooks tied to interest rates and property values. Key trends such as the impact of elevated construction costs on building viability, the changing behaviours of east coast investors, and strategies for navigating the undersupplied market are also highlighted. The episode concludes with predictions for the upcoming spring season and potential interest rate changes.