The Reality of The Perth Property Market

Join us for an engaging discussion with property market expert Rowen Powell. In this episode, we delve deep into the turbulent Perth property market. With a significant lack of stock and high buyer demand, the market landscape is challenging. Rowen shares his insights on how this situation has escalated from buyer fatigue to buyer frustration. We explore the factors affecting the market, including low transactions, interest rate cuts, and the impact of interstate migrations. This episode provides valuable information for buyers navigating this competitive environment, emphasising the importance of understanding finance, evaluating property quality, and seeking professional help. --------------------------------------Subscribe to my channel: / @⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ThatBackyardPropertyPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Visit my website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me on social media:Facebook: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@tuskfinancemk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@mortgageswmichael⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@michaelkilliner⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠--------------------------------------Chapters: 01:11 Challenges in the Market03:04 Buyer and Seller Dynamics07:27 Historical Context and Government Impact08:59 Future Outlook and Borrowing Capacity13:24 Market Transparency and Valuation Issues19:38 Market Slowdown and January Surge20:16 Factors Influencing Property Upsizing20:59 Suburb Price Dynamics22:10 Challenges in Property Transactions25:45 Buyer's Agent Role and Market Specialisation29:48 Valuation and Financing Concerns36:02 Future Market Predictions38:14 Podcast Conclusion and Community Engagement--------------------------------------Music from Uppbeathttps://uppbeat.io/t/andrey-rossi/sei...License code: UVSF5JTJM8QUZNXZProduced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠#Property #Propertypodcast #MichaelKilliner #PodwaveStudios