Perth Property Insider Ep. 61 - Likely Impact From WA Border Eventually Opening

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In the past few weeks, there has been conjecture all over the news about the likely impact that eventually opening the WA borders will have on our property markets.

 A lot of people are expecting a big impact on property prices — both sales and rental — but no one has actually managed to crunch the figures and do the research on just how significant this may be. Fortunately, that’s what I’m here to discuss in this episode!

Join me as I deep dive into what history can teach us about the impact of immigration on past property cycles, looking at the potential levels of migration and its likely effect on the overall transaction volumes we have seen over the last year. 

Today’s episode will most definitely put things into perspective, so let’s go inside!

Highlights:

1. Introduction [0:00]
2. Why is population growth needed? [1:29]
3. Long term plan for population growth in Western Australia [2:55]
4. Population growth last year in WA [4:33]
5. How population growth has affected property over the years [6:09]
6. The figures of current sales and rental demand for property [9:13]
7. Adding migrants into the demand mix when the borders of WA open [11:56]
8. Factors to consider with the WA border opening [15:42]

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• 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/)
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  Omny | iTunes | Google Podcasts | Spotify