What’s ahead for the Perth property market?… Will the market crash, and what challenges does housing and the construction industry face?
Today, Tim Reardon, HIA Chief Economist, explains how global economic shifts, energy prices, and population growth are shaping Perth’s property market. He also discusses how government policies and foreign investment are impacting housing, with Perth set for a new growth phase.
We explore how events like the war in Ukraine and energy market changes are influencing Australia's economy. Tim highlights Perth’s stability and predicts growth in house prices driven by rising demand from migration and job creation.
Tim also addresses challenges in the construction industry and strategies to meet housing demand.
Ready to dive deeper? Let’s go inside!
Resource Links:
- Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property (https://www.investorsedge.com.au/invest-in-perth-property/)
- Get email updates about suburb intelligence reports and exclusive invites to our webinars, events, and workshops. Join (investorsedge.com.au/join)
- Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
- Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
- For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
- For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
Episode Highlights:
- Intro [00:00]
- Australian Economy and Geopolitical Dynamics [00:19]
- Perth Housing Market Insights [00:27]
- China's Economic Growth and Manufacturing Dynamics [04:57]
- Impact of Geopolitical Dynamics on Energy Markets [06:02]
- Western Australia's Economic and Housing Market Outlook [08:04]
- Population Growth and Migration Trends [11:18]
- Impact of State and Federal Government Policies [14:57]
- Foreign Investment and Institutional Lending [20:27]
- Interest Rates and Property Market Dynamics [32:00]
- Labor Shortages and Building Costs [45:00]
Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
About the Guest:
The Chief Economist at the Housing Industry Association (HIA), Australia's peak national industry body representing the construction and development sector. He joined HIA in 2004 initially as Executive Director of Government Relations and later served as Executive Director of Tasmania before returni
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