397- Queen's Park Suburb Spotlight ft. Tom Miszczak

Host Trent Fleskens welcomes Tom Miszczak from The Agency back to the Perth Property Show for a suburb spotlight on Queens Park, Cannington and East Cannington. Tom says the past eight weeks have brought a market adjustment, with investor demand tailing off due to uncertainty from budget announcements, while owner-occupier and first-home buyer interest remains strong and prices have largely held if homes are well presented. He argues the slowdown is healthy after Queens Park’s median rose from $615,000 in Sept 2024 to about $850,000, and expects sideways to slightly softer conditions over the next 12 months. They discuss developer confidence, the rail line upgrade’s new amenities and safety, the first-home buyer 5% threshold’s impact on pricing, planning changes enabling townhouses near the station, and how buyers are shifting from investments to upgrading principal residences.