In this episode of the Perth Property Show, host Trent Fleskens welcomes back Brendon Ptolomey to discuss the latest trends in Western Australia's regional property market. They start with Karratha, noting limited supply and rising values driven by local factors despite global turmoil. Port Headland's market remains strong with stabilized rents and values, while South Headland shows a balanced market. Geraldton attracts investors due to affordable properties with good rental yields. Kalgoorlie sees growth driven by high gold prices, and Albany thrives on a diverse local economy and coveted real estate. The southwest regions like Margaret River and Bunbury reflect varied market conditions, with unique dynamics in each area influencing property values and demand.

Trent sits down with Senior Property Manager, Chanelle Boylen, for a comprehensive update on Perth's rental market. They discuss the current 2% vacancy rate, which is the highest since June 2020. Despite an increase in available properties and the turnover of investment properties to owner-occupied homes, tenant demand remains strong. The discussion also covers rising rental costs, which are nearly double pre-Covid rates, and an increase in break leases as tenants purchase homes. Chanelle highlights the importance of fair pricing and good tenant relations, amidst increasing maintenance costs and communication issues within property management. The session concludes with insights into management fees and the shift away from all-inclusive packages.

In this episode of the Perth Property Show, host Trent Fleskens welcomes back Brendon Ptolomey, Managing Director of Herron Todd White, to discuss the recent turbulence in the global markets and its effects on the Perth property market. They delve deep into how the state and local factors, such as the elections, tariffs, interest rate fluctuations, and employment trends, impact Perth's housing demand and supply. The conversation highlights specific areas experiencing significant growth, like Armadale and Camillo, driven by East Coast investors. Brendon articulates that despite the global noise and stock market uncertainties, steady economic fundamentals and infrastructural projects continue to support the local property market. With potential interest rate cuts on the horizon, they emphasize staying informed and cautious without panic selling, as overall outlook remains positive for sustained property value growth.