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I’m back with my quarterly Perth Property Market Update and I am going into why thousands of migrants and property investors are all seeing Perth as the Stand Out for where to buy.
With the media filled with negative headlines driven by the East Coast markets it’s the perfect time to be checking in on how the Perth sale and rental market are holding up.
I also take a deep dive into all the factors affecting supply and demand, my suggested actions to consider and crystal ball for the year ahead.
Listen in at the end for the chance to win a fabulous 1 on 1 lunch with me to talk about your property plans, investing strategy to help me celebrate our 100th episode coming up.
This is a jam packed episode so let’s go inside the Perth property market.
Episode Highlights:
- Intro [00:00]
- A bird’s eye view of Perth’s Property Market today [01:16]
- What’s happening in the Rental Market today [06:50]
- What’s happening in the property market all over major capital cities in Australia [09:58]
- Why Perth is the stand-out choice for property investment [11:51]
- What are the factors that are affecting the market today [14:47]
- What is the underlying level of demand from the different types of buyers now? [19:01]
- What is the underlying level of demand from the different types of buyers now? [23:53]
- Why Perth is the standout choice amongst Investors [26:29]
- What’s in store for Perth in the coming years [30:53]
Transcription & Graphs
Good day and welcome to another episode of Perth Property Insider. I’m your host Jarrad Mahon, and today I’m bringing you my quarterly Perth property market update. These are always my favorites. I hope you enjoy them. And today I’m focusing on why Perth is now the standout choice for both investors and migrants of all the capital cities in Australia.
We’ve got a lot to unpack today. I’m going to go deep into the sale market, the rental market, the property clock, all the factors affecting demand and supply in our market, as well as my crystal ball and actions to consider. And we’ve got an event coming up, if there’s any tickets left by the time you listen to this. A free event that’s going to be awesome to come along to if you can grab a spot. So let me get into things.
Perth Sale Market
Number for Sale
So in the Perth sale market, the number of properties for sale has continued to drift sideways since I last came to you a quarter ago. We’re now at 8,307 properties for sale, which is incredibly tight. And to think at one stage we were more than double this level at around 17,000 properties for sale back in June, 2019.
So this tight supply is really giving buyers very few options and keeping upward pressure on prices across the board. And you can see when we compare the number of properties for sale compared to a year ago at the same time last year, we’ve had a further 1.8% decrease. So we’re even tighter than we were a year ago.
Number Sold
When we look at the number of properties being sold each week, we’re trending sideways on a quarter ago as well. So it’s holding pretty firm and we’re typically getting around 850 to 900 on the occasional weeks, but typically around 850 properties being sold each week. So we’re on par with where we were at the same time last year. We’ve had a 0.1% increase, so negligible increase on last year.
And that’s very encouraging because despite all of the negative media washing over us from the east coast looking at their property markets falling and despite interest rates rising and taking the wind out of the sails of many of the east coast markets, we’re holding firm and our demand from buyers is maintaining at a very solid level and it’s turning over properties very quickly still across the board. So let’s go into some of the other stats that paint that picture.
Sale Inventory
Our sale inventory, we’ve still got 2.4 odd months of sale inventory. So all the properties on the market would be sold in 2.4 months, which is very tight. It’s at our historical low levels of tightness of inventory since I’ve ever been tracking them. So another encouraging sign that keeps upward pressure on prices. And we’ve actually had a 1.9% decrease since the same time last year. So marginal decrease, but just shows we’re holding up well.
Perth Median House Price
When we look at the Perth median house price, we’ve edged up slightly on the June … So this is to the June quarter. So we’re at 530, we were at 525 in the March quarter. So we’re just edging up quarter on quarter. We’re not setting the house on fire at the moment, but this is the median.
So you have to appreciate there’d be many suburbs that are growing strongly at the moment. There’d be some suburbs that are starting to pull back a little bit and then there’ll be others that are sitting more and trending sideways. But I’m going to go into more of that soon, so stay with us.
Perth Median Unit Price
What’s also notable here is when we look at the units, we can see that the unit median price has taken a fall. It’s dropped from $415,000 to $410,000, so nothing massive. It does show that the unit market’s not tracking as solidly as the house market.
Now, as I’ve mentioned in past updates, the unit market typically trails the housing market by 12 to 18 months, we where just starting to get a good level of activity. And the activity’s pulled back a little bit in this June quarter, but we certainly weren’t yet around to strong growth that was occurring in the housing market. We hadn’t got there yet for units. And migrants usually push units up more so than any other buyer segment. So I think this will change and especially as people drift more towards affordable type properties, as interest rates are increasing.
I’m already seeing that happen across in Sydney and Melbourne where units are becoming more popular, people are priced out of houses, but the increasing interest rates came at the wrong time, especially for the unit market and it’s looking a bit more skittish compared to the housing market that’s continuing on strong.
Perth Median Land Price
Now when we look at the land, it’s really just holding sideways. The volume’s dropped to an all time low in my tracking. So very few land sales. People just don’t want to build at the moment with the high building costs and longer time.
So I did interview David Mynott previously on the building industry update. Check that one out. He was saying it’s actually quite a good window to consider building because everyone’s thinking not to, and builders are starting to get a lot more capacity in their pipelines. So if you do have some land, it might be a good time before everyone thinks that it’s a great time to start building again. But yeah, median price is trending sideways for the land at the moment.
Median Selling Days on Market
Now this one’s very telling as well, our median selling days is trending sideways and holding very quick at 18 days on market for the average property to sell across Perth. To think at one stage we were nearly up to 60 days on market back in March 2019. That’s scary. It was taking three times the time to sell and that’s another good sign that there’s good pressure on prices and that properties are selling quickly.
Perth Rental Market
Now let’s go into the rental market, shall we? I particularly love the rental market, especially with us managing properties across 200 Perth suburbs. We know the whole of Perth intimately when it comes to rentals.
Number For Rent
So the number of properties for rent has actually hit its all time low in 12 years at 1,776 properties. That is so low, it’s crazy. Even in the last year, the rental market has dropped 33% further lower in the number of properties for rent. That is just nuts. And in our portfolio of 895 properties, we’ve got only 15 properties for rent at the moment. So very, very tight both in the market and in our portfolio.
Perth Rental Vacancy Rate
And that’s also reflected in the vacancy rate remaining very low, estimated for September at 0.9%. Our rental portfolio’s tracking at just 0.11% vacancy rate, which is like the lowest we’ve had other than 0% occasionally where we just have nothing vacant at all. That’s probably like one property out of 995 vacant at the moment. So very little. Now that’s had a further decrease of 25% over the last year, which shows that the market is very, very tight with properties very rarely becoming vacant.
Perth Median House Rental Price
Now let’s take a look at our median rent and what’s happening with that. We’ve just hit a new high of $500 dollars per week, which is above our previous high set back in July 2013 where we reached $470-$480 per week. So that’s going to continue to nudge upwards I think, and we’ll go further into that in my crystal ball in a minute. And that’s an 11% increase on the same time last year.
Our portfolio of properties that we manage has just hit $456 a week. So we’re continuing to increase our rents as we renew leases and do rent reviews at the six month point and that’s likely to continue for some time.
Rental Inventory
When we come to look at the rental inventory, I mentioned previously the sale inventory had 2.4 months of available homes for sale, at the moment, the rental inventory’s only 0.6 of a month of available rentals compared to the actual demand and number of properties getting rented every week.
So that is scary, 0.6, basically two weeks of available rentals and they’d all be gone at the current rate and that’s just nuts. And that’s why there’s so much pressure on rental prices to continue to increase.
National Property Clock – Houses
Now let’s go into our property clock timing as we look around at what’s happening with all the capital cities for houses. We’ve seen Brisbane turn around to a declining market along with Ipswich now. I think the proposed land tax changes really took the wind out of their market.
They’ve been overturned and thankfully none of the other states will think about trying to pass such a ridiculous land tax proposal. If you didn’t know about it, don’t worry, but if it was on your radar, you can breathe a sigh of relief that that’s not getting passed now.
And other changes, we’ve seen Perth’s still sticking around in a rising market on the property clock. I expect that to continue for quite some time. And we’ve got some of our southwest country areas moving around to peak of markets. So that’s another change since I last came to you.
National Property Clock – Units
Now when we look at the units, it’s still labeled as a rising market, but as I mentioned, I am seeing the wind come out of the unit market a bit and not really hit its strides. It’s probably going to be a further 12 to 18 months off before it starts to regroup again I’d imagine.
When we look around at the other capitals, Melbourne’s starting to decline, Sydney’s in a declining market, Canberra in a declining market. And what these property clocks are really painting is that when you look at the rising markets around Australia, you’ve either got the choice of more country, regional locations … And I’m just going back to houses to talk about that for a minute here.
So we’ve got places like Toowoomba, Townsville, Rockhampton, Karratha, Esperance, Darwin, Cairns when you consider if you want to buy into a market when it’s still got a rising market ahead, you’d have to think that Perth is the absolute stand out choice of all of the different places around Australia that are predicted to have a rising market over the next one to two years. So that’s why I’ve called today’s episode the Stand Out Choice. I’m going to go into some of the other reasons why that’s the case in a minute.
Corelogic Capital City House Price Index
So CoreLogic’s Index of Monthly Tracking. I keep an eye on this, but an index is really a top level look at the whole city similar to a median house price. We’ve had Tim Lawless on previously, he’d explained about that. So go and check that episode out. It was in December last year.
But you can see that all the capitals are pretty much showing negative for the month. Even Perth had a 0.4% decrease for the month and that represented the entire decrease for the quarter. Some of the other capitals are certainly coming off harder and hopefully will have a softer landing, but I think there’s going to be some more decreases in those before they get to their settling point.
And look, the way that I look at these indexes is that at any one stage there can still be suburbs that are growing, suburbs that are declining and suburbs that are going sideways. So I wouldn’t be basing my top level decisions on just the index or the median house price alone. I’d be looking at the fundamentals for the overall city.
And at any one time there’s always going to be better locations to buy in than others that are going to represent both a longer term potential that’s worth holding for and a shorter term upswing. And that’s where the art of selection comes in.
Top 10 Areas in Perth for Median Price Growth
So top 10 capital city, SA3s, which is a statistical area and I’ve selected those with the highest 12 month value growth, just to get a feel for what areas have seen the strongest growth in median house price over the last 12 months. And guess who tops the list? It’s been the Rockingham SA3. A lot of investors have been driving that market as well as home buyers as well, but predominantly investors from what we can see.
It’s at a 9.4% increase over the last 12 months in its median house price followed secondly by Kwinana, which is another affordable area south nearby to Rockingham. Median house price has now hit $403,000 and they’ve had an 8.3% increase. Then Mandurah with 7.8%. And then we’ve got Fremantle, which is a higher median house price at $920,000. That was really playing a bit of catch up, so that’s at 7.1%.
And when we go down the full top 10, number 10 here is Kalamunda, which is in the Hills at a 5.4% increase. Some of the other areas there we’ve got Wanneroo, Gosnells, Armadale and Joondalup.
So interestingly that the far south have had their gains, we’re seeing investors switching in popularity to some of the more under priced areas like Wanneroo, Joondalup and Gosnells now. And some of those that are chasing yield more are looking in Armadale City Council area.
Factors Affecting Our Market
Economic Clock
Now factors affecting our market. Let’s dive into some of these. So the economic clock, which I look at on an Australia-wide basis. It’s very hard to just look at where Perth may sit because at any one time we’re getting affected by the rising interest rates that’s on a national level, we’ve got the stock market, which is on a national level, we’ve got commodity prices, which is affecting us nationally too. Then we’ve got the falling real estate values which are over east predominantly and we’re bucking the trend in that, if you will.
So I’m putting us at a national level at this number six on the clock, which is just past recession into falling real estate values, which is what we’re seeing on the east coast. Not seeing here anywhere near as much and I don’t think we’ll experience negatives. Certainly when we look over a longer period of time, maybe on a single month we have, but a longer period of time moving forward, I think Perth’s going to hold up very well.
And then the next step in this economic clock, which we need to look out for is that it’s more than likely that by rising these interest rates, we’re going to cook things too much, we’re going to hurt the economy too much and we may go into a technical recession. Now the US is already in that space. They haven’t properly called it yet, but it certainly is in a technical recession.
So after that, at some point that’s going to cause falling interest rates and that moves us back around into the strong buyer recovery phase where we’ll then see the rising share prices again, rising commodity prices, rising overseas reserves, easier money to get and that will then cause real estate values to really kick around again in Sydney, Melbourne and I think we are going to see all the attention in the meantime.
So let’s check in on a number of those variables I mentioned on the economic clock, just to get a feel for how they might be affecting the overall real estate market as well as Perth in particular.
Finance
So I’ve got a graph here on the video if you’re watching it, but I’ll describe it to you showing our cash rate for finance basically over the last 30 years. So at one stage we were up as high as about 17% in 1990 and our cash rate now is just at, I think it’s 2.6%. I’ll get the actual rate for you in a minute. Next slide.
But you can see that relatively speaking, we’re still way under the long term average, which seems to have been at around 5% on the cash rate. I know it hurts when we’re seeing the interest rates increase, but we should be I guess grateful and have that larger perspective that it’s still very affordable compared to what others have paid in the past. I’ll let you know where I think it’s going in a minute.
So past interest rate decisions, we’ve had sequential rises basically since the 4th of May this year. Where our rate in April was on 0.1%, we’re now at 2.6% cash rate. The last, we’ve had a 0.25. We had four 0.5% increases and then in October we had just the 0.25.
So it’s looking like that rates are starting to stabilize. They’re giving a bit more time to see what’s going to happen to the overall economy and if inflation is going to be slowed enough and what sort of impact these are having on our real estate market and overall economy. So I’m hoping that next month we’ll either see a 0.25% in November or maybe left without a change. That’d be good.
And then once the market and I’m talking about overall economy, people everywhere, people in the real estate market, investors, once everyone sees this stabilize, I think it’s going to really kick the confidence back around and see Perth really picking up even more demand because there’s quite a few investors and migrants and other home buyers sitting on the sidelines just waiting to see where this is going to cap out. And I don’t think there’s going to be too much more to follow. So wait and see, shall we?
Now the overall market has priced in a higher interest rate at around 3.8% cash rate. So that would be a further 1.2% increase and that’s what the market on the ASX is predicting with their interbank cash rate futures for us to cap out at 3.8%.
So yeah, look, be prepared for a potential 1.2% higher increase. Factor that in and if we don’t see the full whack of that, then that would be fabulous. And we’ll certainly keep you updated every quarter on how we’re going.
Now I’ve ran through a lot of finance stuff there. Hopefully it didn’t hurt your head. The actual rates on offer from banks, what it means for you is you should be paying no more than a 4 to 5% interest rate and that’s going to depend on your type of loan and your loan to value ratio. Had a great episode with Nick Aves a couple of episodes back on crucial finance questions answered. So check out that one to go deep diving into this more. That was episode 97.
And CBA are still predicting rate cuts by the middle to end of next year. So it’s not going to be forever. Set your sights on longer term, what makes a good long term investment. Try not to get too caught up in the shorter term of where interest rates are going to go. As long as you can afford it and hold the property, then that’s the main thing.
Now I’m going to dance through and go through the homeowner lending by state for August and this gives us a picture as to what is in the pipeline, what is the underlying level of demand from the different types of buyers.
Homeowner Lending by State
Now with WA, we’re holding pretty firm. We’ve seen a bit of a dip. What’s very noticeable in our homeowner lending compared to the other states is that South Australia’s holding pretty firm, pretty stable as well as WA, but we’ve seen quite a tick down in Queensland and quite significant decreases in New South Wales and Victoria. So their markets are really coming off in their level of homeowner lending and that’s very noticeable.
Investor Lending by State
When we look at investor lending, we can see that WA is holding very firm with its investor lending and it’s probably the only state that is. Even South Australia’s had a fair downtrend. We’ve got significant downtrends in Queensland, Victoria and New South Wales.
So what we’re seeing on the ground is a lot of these investors that were buying in other states are certainly looking here. The early adopters are here. Those that don’t listen to the media and have more confidence are getting in now while there’s still plenty of upside. So very interesting.
First Home Buyer Lending by State
When we look at the first home buyer lending by state, we’ve seen a little tick up in the first home buyer lending in WA. Also seen a bit of a tick up in Queensland and a little tick up in Victoria as well. But it’s still on an overall trend downwards, which I expect to keep going. You may have some migrants purchasing to start with, but most rent. So that’s where all the demands going from migrants into the rental pool.
Inflation
Now let’s chat about inflation. It’s the dirty word that you see increasing your prices everywhere. Why am I laughing about it? I’m just trying to deal with it in my own head.
Now, when it comes to inflation, the last reported numbers for June quarter was at 6.1% for the year to June. And what we can see is that the change in inflation from month to month has actually decreased. So it shows that it’s slowing in the last month. Hopefully that trend continues and the inflation will start to actually decrease and hit a peak.
I’m no economic expert when it comes to inflation, but we’ve certainly got it better than a lot of other countries around the world and hopefully all the measures we’re taking with increasing interest rates will cause this to start reversing and hopefully the supply chains will continue to open up and that’ll alleviate pressure on prices.
And we’ve spoken about it in a previous episode, episode 80 where I did a deep dive in inflation and actually looked at the supply side issues that are causing it. And that’s a really interesting episode to go back and listen to, if you want to understand more about how that’s going to affect our property market or potentially affect our property market.
So the RBA’s target for inflation is 2 to 3%. We’re at 6.1% for the year. It’s currently being driven obviously by supply chain restrictions, which I mentioned. And the real household inflation that we’re all experiencing is typically a lot higher than what the consumer price index shows. So we all know we’re feeling a lot more than just 6%.
And a final thing to just remind you of here is that the best hedge to inflation to protect and maintain your wealth is to have debt on an asset such as property. And that’s going to see the debt value get taken away. It becomes worthless every year and the value of the asset should at least maintain.
And if you buy it in an increasing area it’s going to have you be able to work the gap whereby your asset’s increasing, the value of your debt is decreasing and that’s what makes you wealthy over time. So even more important now to have leverage, holding a quality asset and not leaving your money in the bank.
Australian Stock Market
So now let’s check in on the stock market and we certainly have hit all time lows in October, early October. We had a bit of a bounce back in the recent week, but overall we’re still some 8% down over the past year, some 10 to 15% down over the last 18 months.
So people aren’t terribly happy when they log in and see their super balances and what their share portfolios are at and that’s why I think some investors are looking to migrate their money into property and in particular, looking at Perth because we’re the standout choice.
WA Economy
Now, why are we the standout choice? Well, let’s go deeper into some of the highlights of the WA economy and this is current as of the 15th of September and really just shows the underlying strength that we have.
So our unemployment rate is the lowest across all states at 3.1% and our participation rate is the highest across all states. No wonder migrants are being attracted here for the jobs. And then when you just look at our strength of overall mining and resources, we’re the world’s largest producer of iron ore, third largest of LNG, third largest producer of gold and world’s largest producer of lithium. So all of this is adding up.
When you then look at our average weekly earnings, would you believe we’ve got the highest of all states? And when you then look at having the most affordable property market, it certainly is a compelling reason why Perth is a standout choice.
WA Economic Forecasts
And I’m going to go into the economic forecasts here. So very strong economic forecasts for our state final demand at 4% for this year, 3% for the following years, and 2.2% to 2.5% for the other years after that. So we’re predicting to maintain a strong growth in our overall state final demand. And our state product is also looking favorable.
The predicted unemployment rate is expected to continue just as low. So plenty of jobs on offer for the next three, four years as far as the government’s predicting. And population is set to increase and keep increasing over the next four or five years as well. So all round, that’s why we’re a standout choice when compared to the other capitals.
Iron Ore Price
Now, what’s happening with our iron ore price? Yes, we’re the largest exporter of iron ore in the world as I just mentioned. Very key what’s happening with our iron ore price. We hit a peak back in 2021 towards the end of the year.
We’ve now hit closer to the longer term average at a 100 dollars a ton, I believe that is, but it has come off a lot over the last six months. So it is correcting and it’s certainly not as lucrative to be pulling iron ore out of the ground as it once was back in 2021.
And I believe that this decrease in overall demand for iron ore is predominantly being caused by China coming off. So their demand has been coming off. They have been decreasing their need for iron ore and that’s obviously going to affect the price. So hopefully they can get on their feet over the next year.
I see that increasing and maintain increases, but I have to also think that with countries gearing up more to protect themselves, it’s only going to be a short term thing where there should be ongoing demand for our iron ore in, unfortunately, building all the military industrial complex, which seems like such a waste of resources. But when we’ve got countries fearing for themselves and we’re seeing what’s happening in the Ukraine, it’s going to lead to steady demand for our resources, I think in the coming years.
Policy Changes and Impacts
Now, policy changes and impacts. There’s nothing drastic that has come across either at the state or national level worth mentioning, but I did notice that the state government has been fast tracking the creation of around 75,000 blocks. These are going to be in 13 outer area planning sites.
It’s still likely to take up to five years. So it’s not really going to help the supply over the next two or three years, but at least they’re working on it. And this is part of their Perth to Peel at three and a half million population, I believe that’s by 2050. So that’s part of their framework and at least they are working on developing and creating more land and trying to fast track it.
So hat’s off to that. Create more homes, but it does lead to more and more urban sprawl. And if you are buying properties in these outer areas as part of newer land estates with all sorts of land around them, it’s also going to mean that there’s going to be ongoing supply coming on and that’s going to keep your prices suppressed. So would not be the areas I would be buying into, especially knowing that in the next five years there’s going to be heaps and heaps of land coming on.
Tips to Survive & Thrive
So tips to thrive and survive, actions to consider. Well, focus on buying quality without any major negatives. That’s probably not going to change regardless of what the market’s like.
Take your opportunity to get in now while the negative media focuses on the east coast capitals and putting a lot of investors off. If they’re not worried about the east coast markets decreasing, they’re just as worried about interest rates increasing. So push on past that negative sentiment and you’ll be happy that you did come six or 12 months time, I think.
Still great value buying and exceptional rental yields on offer in Perth. Where to buy? Well, get our buyer’s info pack or come along to our event that we’ve got coming up with John Lindeman. That’s going to be a very exciting one. And other action is to continue to increase your rents when you can so you can offset the interest rate rises. And if you’ve got us as your property manager, we’ll take care of that for you.
My Crystal Ball
Now my crystal ball for the year ahead. Well, I expect rents will continue to increase over the next 12 months. I’m expecting a further 10% rise. It’s now clear that WA is one of the very popular destinations for migrants. They’re being drawn to work in Perth. Very attractive low house prices and low unemployment rate and attractive migration policies.
See episode 83 where I covered migration insights with Anthony Tran, one of our most popular episodes on the podcast. That’s really worth checking out to understand what’s actually happening in that space.
More investors I expect are going to continue to buy here more and more, attracted to our low price and high rental yield with good prospects for growth over the next three years. I see us as having the most solid fundamentals of any capital city. And I expect at least 5% to 10% growth for the inner and desirable areas over the next year and at least 10% growth for most outer areas.
So the upper end, high premium, full top end suburbs have started to decrease a little bit in the median house prices I’m seeing, but most investors won’t own a property there. I’d be focusing on the best area that you can afford and focusing on the longer term picture while still aligning the shorter term.
We can do that with our buyers pack and John Lindeman’s got some really great tools. That’s why I’m bringing him over to talk to us about his methodology, which can really help tip the odds in your favor with your area selection.
How to Profit from Perth’s Property Boom- Free Event – Sorry All Spots Gone
And that brings me to our event that we’re having on Thursday the 10th of November, 5:30 to 8:00 PM, How to Profit from Perth’s Property Boom. It’s going to be a great night. I’m looking forward to just seeing some investors face to face. I feel like I haven’t gotten out much still since COVID.
We’re going to be helping people hit the ground running with expert information that you can’t afford to miss and we’re going to be having an inspiring evening. It’s a free event. So I’m going to cover all the costs for John to come over. And really like his thinking and methodology for things.
So see why Perth’s property market will boom in 2023 and beyond. I’m getting all his thoughts on this as well. Learn why now is the ideal time to capitalize on the potential growth. Discover the 10 Perth suburbs with massive boom potential. He’s going to go through those for us. Learn why some suburbs boom, why others go backwards and understand how to make the best possible decisions and avoid risk.
And of course you can enjoy a drink while meeting some other property investors. I can’t wait to get out there and mingle and see some familiar faces. So go to investorsedge.com.au/event to register now. If you have any problems with that link, send me an email or go to our Perth Property Investment Facebook group and all the links are in there to come along and grab your free spot.
Now, tickets are limited. I’m really sorry if you are listening to this and you go to get a ticket and there’s none left. Weren’t sure what sort of demand we’ve had. So we were limited to 80 spots. And if there’s a demand for this type of thing, I’ll look to get John back sometime next year.
A bit about John there if you’re reading the slides. But he’s from Property Power Partners. He’s a regular contributor to all the magazines. He’s one of the, I guess, most experienced researchers and very widely respected leading property market analyst. So excited to have him over and chat everything Perth property and help people make better decisions.
Ways We Can Help You
So now that’s the event, let me move on to some final ways we can help. If you’re considering a sale, get a complimentary sale appraisal from me at investorsedge.com.au/appraisal
Join my property investor update for suburb intelligence reports on your areas of interest. That’s at investorsedge.com.au/join
And get details of our investor support services for help with buying. And that’s at investorsedge.com.au/invest
We do all kinds of things like inspections for east coast investors at a very minimal cost. We also have, I can do specific reviews of properties before you make an offer on them. It’ll help you avoid any mistakes.
Thanks & Competition to Win a Fabulous Lunch With Me
So look, thank you for tuning in today. If you’ve enjoyed the episode, be sure to post us a review on iTunes or Spotify and be sure to tune in to the next one because we’re leading up to the big 100th episode where I’m going to be announcing a bit of a prize draw in the coming few episodes. But thanks for tuning in and I’ll catch you on the next one. Bye.
Oh, before I go, you can actually win a fabulous lunch with me. And we’re doing this to celebrate our 100th episode of Perth Property Insiders. So I’ve decided to do something very special and give away to one lucky person or couple a fabulous lunch with me to discuss property, your strategy, the market, life. It’ll be an epic lunch to remember.
So all you have to do to go in this prize draw for winning a fabulous lunch with me is to post that review on Perth Property Insider on iTunes and Spotify by the 10th of November and send me a quick email to let me know and you’ll go into the draw. So post your review on iTunes or Spotify, send me an email to let me know and you’ll go into the draw.
My email’s [email protected] If you’re on my property investor update, you can just click reply and I’ll get that. And really appreciate your support of the show. See you next time.
Resource Links:
- Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
- Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
- For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
- For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
- Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)
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