The Perth Property Show

387 - Perth Property Market Update Apr26 ft. Brendon Ptolomey

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.

386 - Buying In Melbourne & Mt Hawthorn Suburb Update ft. Hamish Laidlaw

Host Trent Kins spotlights Mount Hawthorne and interviews Hamish Laidlaw, director at Acton Bell, about Perth’s post-Easter market conditions (stock in the 3,000s, median near $1m, days on market around nine) and the Cook government’s apartment finance underwriting policy. Laidlaw compares Melbourne’s auction-centric, four-week campaigns and unconditional buying culture with Perth’s FOMO-driven private treaty environment, explaining how auctions can condition sellers in softer markets but aren’t currently ideal in Perth. They discuss tactics for buying in Melbourne (including post-auction negotiation) and in Mount Hawthorne, where buyers split between entry-level character homes around $1.6–$1.7m and “forever homes” in the high $2m range, often funded by local equity. Laidlaw suggests stronger terms like removing finance clauses and offering rent-back options, and names Matlock (and The Boulevard) as his favorite streets.

385 - Perth Apartments Update ft. Richard Self

In this episode, Trent Fleskens interviews West Perth apartment specialist Richard Self, who says the market has stayed fast, with West Perth’s median unit price rising from about $580,000 in Oct 2024 to $714,000, and typical two-bedroom apartments now starting around $700,000. Buyer demand is broad—downsizers, investors, tenants turning buyers, and first home buyers (often with parental help and the 5% deposit scheme)—but first home buyers are increasingly priced out, worsened by the $500,000 stamp duty threshold. Self cites extreme competition (120+ groups and 18 offers) and record sales, minimal valuation or finance issues, about 30% cash-type buyers, and expects future amenity from the Princess Margaret Hospital precinct to support West Perth.

384 - Gingin Suburb Spotlight ft. Craig Hyne

Trent Fleskens interviews Craig Hyne from Country Values about property and land trends in Gingin (population just over 800) and nearby towns like Bindoon, Guilderton and Lancelin. Craig outlines Gingin’s farming and horticulture roots, limited housing construction for decades, and the impact of the new Brookview Estate (107 residential lots plus a commercial area) near the town centre. Blocks that once sold for $100–$120k rose from about $149k in late 2023 to around $225k by the final stage, while the 12‑month median house price is about $630k, up from roughly $450k pre‑COVID, with scarce listings and examples of sharp resale gains. Buyers include metro downsizers, FIFO workers and investors, with growing in-migration and demand for further land supply; Craig also notes strong uptake in South Lancelin, with many eastern states investors.

383 - Carlisle Suburb Update ft. Matthew Jones

Host, Trent Fleskens, notes Perth listings have finally topped 3,000 after 17 weeks, though the market remains in chronic undersupply; a recent rate rise linked to Strait of Hormuz tensions is expected to slow, not stop, Perth growth due to relatively better affordability than Sydney. He’s joined by Carlisle’s long-time top agent Matthew Jones to review the suburb’s transformation since 2019, with the median rising from about $505,000 to $923,000 and larger family homes and land-heavy sites driving outsized gains. They discuss Carlisle’s location and transport advantages, school options, price differences within the suburb, shifting buyer mix (including owner-occupiers, first home buyers and investors), limited East-coast investor influence locally, renewed development-site sales, and how the 5% scheme briefly lifted the price floor.

382 - Doubleview Suburb Update ft. Richard Clucas

Trent Fleskens shares a weekly Perth market snapshot, noting steady demand, around 3,000 listings (about half last year), and a “log jam” likely keeping prices rising but tempered by expected interest rate increases. He’s joined by Richard Clucas, the top agent in Doubleview, who explains his agency’s rebrand to “Home” (Home of Hunter McGrath) and his expanded team to better service buyers at busy home opens and protect long-term reputation. They compare 2019’s slower conditions (often 2–3 months to sell, few home-open attendees, about two offers) with today’s heat (around eight offers). Clucas advises sellers not to sell without a place to go, outlines buyer circularity within the area, and updates Doubleview pricing: two-bed flats $700–800k, villas/“triple X” around $1m, single-level duplexes about $1.18m, full blocks north of Scarborough Beach Rd $1.6–1.65m, rear townhouses $1.6–1.7m, street-front townhouses about $1.85m, and a top sale at $5.5m.

381 - Alkimos Suburb Spotlight ft. James Bosdet

Trent Fleskens interviews James Bosdet from Professionals Northern Coast on Perth’s northern coastal fringe suburbs including Alkimos, Eglinton and Jindalee, describing rapid price growth, tight supply and rising amenity. James says three-by-two homes that once struggled under $400,000 are now typically $650,000–$700,000+, with an average Alkimos sale around $850,000–$900,000 and Jindalee around $1.2–$1.3 million, including sales above $1 million and a Jindalee record of $2.1 million. They discuss improved access via freeway extensions and new train stations, intense competition with dozens of offers (up to 37) and large over-ask results, limited titled land and block sizes shrinking to about 225sqm, and recent resales gaining about $200,000 in under two years. James attributes demand to lifestyle, replacement costs, and strong buyer inflows, estimating about one-third of buyers are from overseas and additional demand from interstate investors and migrants.

380 - Kalamunda Suburb Update ft. Chelsea Owen

Trent Fleskens hosts Ray White’s Chelsea Owen for a suburb update on Kalamunda, last covered in October 2019 when the median was about $570,000, now around $970,000 and nearing the million-dollar mark. Chelsea discusses Kalamunda’s village feel, housing diversity, schools, quarter-acre blocks, soil and civil cost challenges, and limited large-scale building, with more private builds and some 10–15 site development whispers for 2x2s. Buyer demand is strong, with most listings selling after the first weekend, typically 10–15 groups through and 5–6 offers, often above asking, driven largely by downsizers and families returning to the hills; investors and first home buyers are less present due to price caps. Mobility and low stock constrain both sellers and buyers, with shorter finance timeframes, more cash offers, and longer settlements negotiated. Trent closes with Perth-wide low listings (~2,700), 800+ weekly settlements, and continued price rises while affordability holds.

379 - Mortgage Market Update March 2026 ft. Sam Carrello

Trent Fleskens and award-winning WA mortgage broker Sam Carello discuss Perth’s tight housing market, with stock still under 3,000 listings and weekly transactions in the 700s driven by limited supply. They cover the recent 0.25% rate rise that banks passed on, the jump in fixed rates since early December, and current pricing (owner-occupier variable P&I about 5.54–5.65%, two-year fixed about 5.69%, investment IO variable about 6.00–6.15%). Sam explains how buyers are using fast finance clauses supported by strong pre-approvals, and why flexibility on settlement is critical in competitive conditions with 6–8 offers per property. They also discuss increased use of bridging loans, downsizer “no end debt” bridging, the first home buyer 5% scheme pricing some buyers out, and parents buying or gifting deposits to help children.

378 - WA's #1 Sales Agent by Listing Sold ft. Elliot Briers

Trent Fleskens hosts the Perth Property Show, featuring Elliot Briers, Western Australia's top sales agent, particularly excelling in Kalgoorlie. Elliot discusses his journey from Rookie of the Year to the number one agent, emphasizing hard work and building a solid reputation. He explains how Kalgoorlie's unique market dynamics and the sustained investment interest, driven by factors such as high wages and gold prices, have contributed to his success. Elliot also touches upon the challenges in the local property market, including affordability and mobility issues, as well as the growing trend of builders acting as developers in Kalgoorlie.