Perth Property: Is the Boom Finally Cooling?

The average Perth home added roughly $220,000 in equity in a single year — without the owner lifting a finger. In this episode, Michael breaks down the two opposite stories being told about Perth property and shows you what the actual numbers say for your borrowing power and your next move.🔔 Subscribe & leave a comment with your questions — we build episodes around what YOU want to know.General advice only and not personal advice. CRN 485467In this episode:What Perth prices are really doing behind the headlinesWhy a market can be rising and shifting at the same timeThe one signal that matters most — pace, not priceHow quarterly growth eased from 7% to around 4.8%Why climbing listings are taking heat out of the marketThe link between rising rates and your falling borrowing powerWhy now is the moment to know your real borrowing numberHow existing owners can put their new equity to workThe back-of-envelope rule for what you can actually borrowSubscribe: https://youtube.com/@ThatBackyardPropertyPodcastInstagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==Website: https://tuskfinance.com.auConnect with Michael:Facebook: https://facebook.com/tuskfinancemkInstagram: https://instagram.com/mortgageswmichaelLinkedIn: https://linkedin.com/in/michaelkillinerTikTok: https://tiktok.com/@backyardpropertypodcastTusk Finance: [email protected]:(00:00) RBA holds & Perth's two opposite stories(00:45) Behind the headlines: a $1.05M median(01:40) Why Perth is still rising — supply, population, economy(02:35) Rising and shifting at the same time(02:55) Watch the pace, not the price(03:25) Listings are climbing(03:45) Three reasons the market is cooling(04:10) The connection nobody else makes: borrowing power(04:55) More choice vs tighter borrowing(05:35) Equity in a cooling-but-strong market(05:50) Nobody knows what's next — so know your position(06:25) Pulling it all together(08:00) The back-of-envelope borrowing rule(08:35) Credit cards, car loans & your capacityProduced by Podwave Studios: https://www.podwavestudios.au#PerthProperty #PerthRealEstate #PropertyMarket #AustralianProperty #MortgageBroker #BorrowingPower #RBA #InterestRates #HomeLoans #PropertyInvesting #FirstHomeBuyer #PerthHomes #RealEstateAustralia #PropertyEquity #HousingMarket #TuskFinance #PropertyTips #WApproperty #RefinanceAustralia #ThatBackyardPropertyPod