An inside look at Perth’s property market
You asked. We listened. Whether you’re a first-time buyer or it’s been a while since you last waded into the Western Australian real estate market, we have the inside scoop on what’s happening in this booming region.
In this episode, Smart Property Investment’s Phil Tarrant sits down with Damian Collins, the president of the Real Estate Institute of Western Australia (REIWA) and the managing director of Momentum Wealth, to give us an all-inclusive update on the current market conditions in the state – particularly in Perth.
The local expert enumerates the different economic, political, and geographical factors that have fuelled Perth’s property market boom despite it being closed for almost two years by the coronavirus pandemic. He also shares why the market will see sustained growth not just in 2022 but in the coming years as well.
The duo also takes a deep dive into why investors should not follow the herd when it comes to investing.
*This episode was recorded just prior to Premier Mark McGowan’s decision to hold off on reopening Western Australia’s state borders on 5 February 2022.
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