Trent Fleskens on Where Perth's Market Stands Now

$32,000. That's the stamp duty bill on an $850,000 first home in WA, on top of a $44,000 deposit. In this episode, Michael sits down with Trent Fleskens, Managing Director of Strategic Property Group and host of The Perth Property Show, to unpack why Perth's rising listings might just be a reset, not a downturn, and what needs to change for young buyers to get a fair shot.🔔 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:Why rising listings might be a market reset rather than a warning signWhat a 30 percent drop in investment lending means for buyers and brokersWhen Trent expects the next RBA rate move and whyWhere the real opportunities are in today's Perth marketHow new R-Code changes could unlock thousands of infill sitesWhy Trent believes Perth's blue-chip suburbs stretch far beyond the Golden TriangleWhat happens as East Coast investors start selling out of PerthWhy Trent calls stamp duty a disgusting tax, and what should replace itWhat Trent has learned building Strategic Property Group and becoming a dadSubscribe:https://youtube.com/@ThatBackyardPropertyPodcastInstagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==Website: https://tuskfinance.com.auConnect with Michael: Facebook https://facebook.com/tuskfinancemk, Instagram https://instagram.com/mortgageswmichael,LinkedIn https://linkedin.com/in/michaelkilliner,TikTok https://tiktok.com/@backyardpropertypodcast, Tusk Finance: [email protected]:00:00 Is this the market reset or something deeper00:52 Welcome back and meet Trent Fleskens01:22 Listings pushing toward 7,00003:10 What a healthy market actually looks like05:26 Investment lending down 30 percent, who feels it07:35 When will the next rate cut land09:47 Where the real opportunities are right now11:50 The R-Code changes explained14:41 Will infill actually deliver more supply17:05 Blue-chip Perth beyond the Golden Triangle18:16 East Coast investors selling out20:19 Is Perth becoming a two-tier market23:20 What actually drives Melbourne versus Perth27:09 Could stamp duty ever be scrapped29:11 The real cost of stamp duty for first home buyers32:41 What NSW's land tax experiment showed34:53 What's next for Strategic Property Group37:39 Being a business owner and a dadProduced by Podwave Studios: https://www.podwavestudios.au#PerthPropertyMarket #PerthRealEstate #WAProperty #PropertyInvesting #RealEstateAustralia #StampDuty #FirstHomeBuyer #PropertyDevelopment #PerthSuburbs #InfillDevelopment #RCodeReform #PropertyMarketUpdate #RealEstateInvesting #AustralianEconomy #InterestRates #RBA #TuskFinance #ThatBackyardPropertyPodcast #PropertyPodcast #PerthWA #LandTax