A deep dive into the pivoting Perth market
From the early 2000s to 2014, the Perth property market saw incredible growth and a tripled median price, which then rapidly dropped by at least 30 per cent over the subsequent five years. Pure Property Investment’s Paul Glossop predicts that the West Australian city’s tide is now beginning to turn once again.
Paul joins host Phil Tarrant on this episode of the Smart Property Investment Show to deconstruct the history of the Perth investment landscape over the last two decades, explain why the city is now showing signs of recovery, and suggest the implications of this movement on the behaviour of investors in the area.
Paul also shares his insight on how to determine value in the Perth market, where new developments and infrastructure are likely to affect market dynamics, and which suburbs he predicts will see the most growth moving forward.
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RELATED AREAS OF INTEREST
Property market update: Perth, November 2019
Perth property to see greener pastures in 2020
Interstate investors ‘aggressive’ in Perth
AREAS MENTIONED
Forrestfield
Belmont
Kewdale
Welshpool
Rivervale
Cannington
East Cannington
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