
In today's episode of Perth Property Insider, we dive into the essential topic of housing affordability and its impact on the property market. Using the latest Real Estate Institute of Australia report, we'll compare Perth's average household incomes, loan repayments, and rental costs with those of other states, providing a comprehensive view of our market's standing.
I will break down the numbers, showing that relative to incomes, Perth still boasts some of the most affordable loan repayment rates and rental costs in the country. I’ll explore the potential for further increases in house and rental prices, highlighting what these trends mean for both investors and residents.
Join me as I uncover why Perth remains a prime destination for migrants and property investors.
Let’s go inside!
Episode Highlights:
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Thrilled With the Sale Experience!
Living in the Melbourne, we had to fully rely on the agency handling the sale of the property. We are thrilled with Investors Edge Real Estate in the way they handled: the marketing, negotiating with the tenant, the time on market and of course the sale! We are looking forward to using their services again.
Treats Your Home Like It's Her Own
I highly recommend Erica as she treats your home like it's her own. She is so thorough and has fantastic attention to detail. Because of this I know my home will be looked after and any issues will be dealt with swiftly.
Helped Clarify Decisions & Clear Path Forward
The Strategic Portfolio Plan is a practical and well-structured service that made it easy to plan different scenarios. The tools were useful, and the guidance from Jarrad helped clarify decisions and confirm a clear path forward.
