Perth's Highest Property Growth Since 2023 | October Market Update

Perth’s property market just recorded its strongest monthly growth since 2023, up a huge 2% in October.In this Perth Property Market Update, Lachlan and Reece break down what’s driving this surge, from record-low stock levels to the sharp decline in building approvals, the lowest in 12 months. They unpack what this means for buyers, investors, and homeowners, and discuss how much growth could still be left in the market heading into the end of the year.📈 Topics Covered:- Why Perth property prices are still climbing- The real reason behind WA’s housing shortage- Interest rate impact and 2025 market predictions- What buyers and investors should do next🎧 Tune in for Perth’s most up-to-date and honest property insightsTimestamps: 00:00 Introduction 00:18 Highest Monthly Perth Market Growth Since 202301:34 Will There Be More Stock Available?04:45 Why Any Property Under $1m is Competitive 06:09 Lowest Build Approvals in 12 Months06:50 How Much Growth Is Left In The Perth Market?09:00 Predictions For The End of 2025For more information on our research or PropStac, visit our website:Website: https://follio.com.au/Research: https://follio.com.au/research/Join the waitlist to receive our latest Perth Market Data directly: https://441711975.hs-sites-ap1.com/follio-property-podcast-market-insights📲 Follow Us on Social:Instagram: https://www.instagram.com/folliopropertypod/TikTok: https://www.tiktok.com/@folliopropertypod Spotify: https://open.spotify.com/show/4Akt4N53zsb4ldzFNlTwad?si=AFEgYOAiSh2QGbK8AfFLywLachlan Delahunty: https://www.linkedin.com/in/lachlandelahunty/Reece Beddall: https://www.linkedin.com/in/reece-beddall-294557b3/#PerthPropertyMarket #PerthRealEstate #PropertyInvestment #PerthHousingCrisis #PerthPropertyUpdate #RealEstatePodcast #WAPropertyMarket