Perth Current Housing Market Condition
Over the past few weeks, I’ve spoken with many buyers who are understandably concerned about purchasing in the current market, with prices at elevated levels and fears of a potential downturn. Unfortunately, I don’t always have the opportunity to explore these concerns in depth or provide the broader context behind them. This video may help put Perth’s current housing market into perspective.
While market fears are common, they are not always supported by the underlying fundamentals. Setting mining aside, Western Australia continues to diversify and develop a range of compelling industries focused on value-adding rather than simply extraction. Significant long-term investments, including the expansion of Perth Airport and the multi-decade AUKUS project commencing in 2027, are also expected to play a meaningful role in supporting the state’s economy.