387 - Perth Property Market Update Apr26 ft. Brendon Ptolomey

About this episode

Trent Fleskens and Brendon Ptolomey discuss the impact of global uncertainty on Perth's property market, highlighting buyer caution and supply constraints.

Trent Fleskens and valuer Brendon Ptolomey discuss how recent global uncertainty and policy noise may be affecting Perth’s property market, balancing qualitative sentiment with key data. They note buyer caution and fewer offers per listing, but argue conditions remain strong given demand of roughly 800 sales a week, historically low listings under 4,000, and chronic undersupply driven by population growth and high immigration. They cover interest rates as “middle ground,” cost-of-living and construction inflation, and the risk of vendors holding unrealistic price expectations after rapid recent growth. Brendon suggests most owner-occupiers should stick to their plans if they can afford them, while warning against speculative buying, and concludes that supply constraints make negative price growth unlikely, though growth may moderate.

People in this episode

Host: Trent Fleskens

Guest: Brendon Ptolomey

Topics covered

• Perth property market
• global uncertainty
• buyer caution
• interest rates
• supply constraints
• population growth

Keywords

• Perth property market
• Brendon Ptolomey
• buyer caution
• interest rates
• supply constraints
• population growth
• real estate

Mentioned in this episode

Places: Perth

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