Do u have time to buy now? Im looking to buy a house but i dont know if i have time to buy a house before January due to holidays and paper work ? What do u think thank u
Zheng you are spot on. Weve just only recovered back to 2012 prices. Scarcity is the issue right now but there are properties that are available and poised for growth. I have lived through 2 previous cycles. Once our borders open in jan or feb our market will go through its explosive phase. The next four years will see a 40% growth. Thats $400 k per mil in the market! We have been untouched by covid in terms of business lock downs. There are many people who willl need to downsize to retire thats the gold in blue chip areas. Find people in their 60’s who need to cash out to retire.
@ Deb Taylor. That’s us, we are Looking to retire in 3 or 4 years, and then sell up and return to NZ where we are expecting house prices there to significantly decline in same time period that we are hoping to go up i.e. 2022-2025. (NZ has just come off a massive boom that peaked in Oct last year and housing market there is hugely over valued and primed for major correction, and kiwis already in deep mortgage stress like Sydney and Melbourne). Lots of our friends also in 60’s, empty nesters, sitting on nice homes that are too big to manage and looking to free up equity locked in their houses, downsize and boost their into retirement funds, especially as our super funds might stagnate next few years as we head into global inflationary and potentially recessionary headwinds.
@@zengzhao-wealthcreation9813 hey, would you be interested in an email “interview”? I would really like to ask you some questions and get your present day thoughts your wealth creation and current climate.
@@nickangelovski1513 There is some small pockets of thornlie that are really nice. And of course others that are dire. You need local advice before buying. It’s too easy to be sucked in and buy overinflated or wrong ‘type’ house that those in the Area don’t want. But getting yields above 4.5% is achievable. Above 6% now after market has already moved up is ambitious, I would query why yield is so high. In the end it must be at the expense of future capital growth. If that works for you, then fine. Every investor has different strategies.
Hi @Nick - I bought two in Thornlie and one in Huntingdale. Thornlie ones are near forest lake shopping centre and Huntingdale one is a corner block with subdivision potential.
Perth has already seen significant growth, the median prices corelogic issue is capturing the entire state and waters down the suburbs that have already seen 20-50% growth. Blue chip suburbs have seen significant growth and have surpassed prices from the previous boom.
Hi Zeng just want to know what your thoughts are about buying an investment property now or hold off due to interest rate rise resulting property prices declining?
Perth property prices will jump at least 40-60% in the in the next 4 years. Had that on my twitter bio f or 2 years. Bought 6 in 2002, sold in 2007. This boom will be huge.
Great video.. In my humble opinion from experience in minig industry Alot of automation is happening in minning industry and resource requirementa moving forward will reduce to half.. All big mining companies are moving remote opeartion centers to asia as well. When it comes to other industries, WA economy will be greatly impacted by students ditching austrlia for other countries. I have bought propert in WA and expect price to go up howwver i believe perth property investment at current times should be short term 3-5 years
I always enjoy your videos as your views are balanced. Also, you want to see not only data but also big picture. My offer was rejected yesterday.. Rockingham region is very hot now.
Great question Dylan! A 4br will increase the rental income but it will also mean you are paying a bit extra for the same land component. I personally prefer 3br
We bought 2 houses in Kwinana. One in the Wellard suburb. And the other in Parmelia. We are currently renovating the property in Parmelia. Paid $300k should be able to flip it for $400k within 1 year
Awesome truth. Who are we? Me and my partner are looking to invest atm looking at getting in touch with like minded people. Property savvy people as well I'd like to get in touch with any body who knows anything about shares or who your stock broker is. Trying to avoid being scammed as well. 🙏
That is Awesome. I will be putting most of my money into property... May I ask about the property in Parmelia? How many br and bathrooms. And did you purchase it recently? I did put an offer in on one in Carramar unfortunately wasn't the one . But I do believe everything happens for a reason. Are you a husband and wife team?
@@stormkid7 3bed 1bath 300k. Its our renovation project. Adding another extension because the lot sizes here are 700sqm +. We are estimating 400k+ sale in 1 year. The Kwinana area is improving a lot.
@@truth4293 Awesome. Would like to know how it gos for you. I actively searching atm if you see anything that may be of interest please get in touch lol. Good luck.
Another excellent episode again, thanks a lot Zheng, I have learnt a lot from your deep research and analysis on property market. I am intend to buy my second property in Perth but a bit lower budget around 350k, feels like a bit hard to target a good deal now.
@@zengzhao-wealthcreation9813 hi zeng, thanks for your reply, I have purchased the property in Rockingham areas and the yield is pretty good above 6, would you able to share any other suburbs potentially if you can ? Thx
I live in Perth. Baldvis is a suburb down south on the coast. Close to Rockingham/Mandurah. It got smashed in the downturn. Recovering like rest of Perth. Not anything bad or good to say about it in my opinion. Again need inside knowledge on good streets etc.
@@AusPropertyMasteryWithPK Must be all those investors trying to cash out. There is no other reason really. It’s far South of Perth Cbd. That could also be the reason. Mandurah And surrounds (of which baldvis is same bracket) were the fastest growing regions in boom years. A bit like SE Queensland. Population growth. But when downturn came, suffered more so.
@@coolkewlstuff yeah population really has not much influence of property prices.. like brisbane had second higher pop growth in 10 years to 2020 but second lowest capital growth.. but yeah agree with some of your points..
I'm located in Melbourne but have been wanting to buy my first investment property in Perth. How would you recommend doing this as a beginner? Is there a buyer's agent you could recommend?
Moving to Australia soon I was looking both options Perth and Brisbane. What is ur recommendation for house market is it better option than Perth.. Thankyou
I live in Brisbane currently. The property market is very hot and competitive here. If you don't have the money, you will be priced out from the market just like I was. I ended up buying a 3 bedroom house 30 minutes North from Perth! Personally, I would recommend Perth.
Another great video once again Zeng, how do I become a client of yours? I've always wanted to tackle an interstate investment property but don't know where to start. I would like to enquire about the process of your service. Currently not in a position to re-invest right now, but potentially within mid year 2022 or end of 2022. Thanks!
Hi Leon, I offer a buyer's agent service which covers everything from research to settling the property and finding a tenant. I will be ready to help you whenever you decide to tackle your next investment :)
Cheers Zeng, great video. I also just bought in Perth (City of Belmont) and was very happy with the price. One other factor I like is that the central region of Perth is running out of land supply. Happy to link you the report if interested.
Thank you Scott! Congratulations on your purchase! Yes that would be great if you could, I will add it to one of my future videos and share it with the viewers :) investwithzeng@gmail.com
I live in Perth, we are hunting an investment property. I can tell you it’s crazy out there At home opens. Midweek twilight first home open, dozens of groups through, nicely located property, priced in high $500s, 6 offers, under offer in $600s. This is not an one-off occurrence, it’s everywhere. Some agents are not listing at even at a price range, as it’s even exceeding their expectations.
@@ashmansasa7565 Scarborough North beach Mullaloo Subiaco Actually all round Even places out of our known areas via research and expert advice Bassenden Bayswater east Vic Park Carlisle $450k - $600k range All homes super busy home opens Most sold in first weekend Most over what even agents initially thought, with multiple offers. Boy we are getting frustrated.
@@utubeglue ive already gained a combined 100k capital gains on my 2 properties in Kwinana and its still climbing Average house price in Kwinana is 350k now. I paid 300k only 3 months ago
Belmont is close to the city (~8km) with great nearby amenities such as the Belmont Forum Shopping Centre, skate parks and schools. The "City of Belmont" is very proactive in redeveloping the area and a lot of redevelopment has been going on in the last few years with new subdivisions and houses/apartments being built. There hasn't been much house price growth in the last 10 years which I would probably say could be due to the demographics of the area (being situated to nearby industrial areas) and the public schooling there isn't that great. The suburb is also beneath the Perth Airport flight path where you could occasionally receive aircraft noises in the suburbs of Cloverdale, Kewdale and Belmont. Belmont was an old housing estate back in the 70s/80s and there might be still some connotations associated with it as the old state housing suburb.
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Hi Zeng, thanks for a good video. I am currently looking into Port Hedland in WA, do you have any opinions to share?
Hi Zeng! Are you a buyers agent? How can we get in touch with you?
Hi Zeng, any thoughts in Eglington area?
Do you recommend new houses or second hand houses?
@@sukue1 lessss gooo
Clicked so fast! I just purchased in Perth 2 months ago and looking to buy another one before the end of the year. Thank you so much for this video
Congratulations! I think you've done well and got in at a great time :)
Do u have time to buy now? Im looking to buy a house but i dont know if i have time to buy a house before January due to holidays and paper work ? What do u think thank u
Where do you buy in Perth ?
Zheng you are spot on. Weve just only recovered back to 2012 prices. Scarcity is the issue right now but there are properties that are available and poised for growth. I have lived through 2 previous cycles. Once our borders open in jan or feb our market will go through its explosive phase. The next four years will see a 40% growth. Thats $400 k per mil in the market! We have been untouched by covid in terms of business lock downs. There are many people who willl need to downsize to retire thats the gold in blue chip areas. Find people in their 60’s who need to cash out to retire.
Great insight Deb! The next few years will be nothing short of amazing!
@ Deb Taylor. That’s us, we are Looking to retire in 3 or 4 years, and then sell up and return to NZ where we are expecting house prices there to significantly decline in same time period that we are hoping to go up i.e. 2022-2025. (NZ has just come off a massive boom that peaked in Oct last year and housing market there is hugely over valued and primed for major correction, and kiwis already in deep mortgage stress like Sydney and Melbourne). Lots of our friends also in 60’s, empty nesters, sitting on nice homes that are too big to manage and looking to free up equity locked in their houses, downsize and boost their into retirement funds, especially as our super funds might stagnate next few years as we head into global inflationary and potentially recessionary headwinds.
Such a valuable content creator. I’ve been watching your videos for a while and I really appreciate your content. Great work
Thank you so much Joe, the kind words really made my day!
@@zengzhao-wealthcreation9813 hey, would you be interested in an email “interview”?
I would really like to ask you some questions and get your present day thoughts your wealth creation and current climate.
True, I bought three recently. All rented within a week at 5.8, 6 and 6.3% rental yields..
Hi Rohit - which suburbs in Perth did you buy? I am currently looking at the South East suburbs of Langford, Thornlie etc
@@nickangelovski1513
There is some small pockets of thornlie that are really nice. And of course others that are dire.
You need local advice before buying. It’s too easy to be sucked in and buy overinflated or wrong ‘type’ house that those in the Area don’t want.
But getting yields above 4.5% is achievable. Above 6% now after market has already moved up is ambitious, I would query why yield is so high. In the end it must be at the expense of future capital growth. If that works for you, then fine. Every investor has different strategies.
Hi @Nick - I bought two in Thornlie and one in Huntingdale. Thornlie ones are near forest lake shopping centre and Huntingdale one is a corner block with subdivision potential.
@@rohitgehlot9165 Thanks Rohit - well done on your purchases!
Great insight Rohit, thank you for sharing!
Thanks Zeng, i purchased a two bedded apartment four years ago at east perth with very nice view facing the whole swan river and love it so much.👍
That’s great George, hopefully it performs well in the upcoming boom !
Thanks for this, purchased in Perth mid year, this provided some confidence in me
Let's hope Perth lives up to our expectations!
Perth has already seen significant growth, the median prices corelogic issue is capturing the entire state and waters down the suburbs that have already seen 20-50% growth. Blue chip suburbs have seen significant growth and have surpassed prices from the previous boom.
Hi Zeng just want to know what your thoughts are about buying an investment property now or hold off due to interest rate rise resulting property prices declining?
Hi :) thank you for your video and input.
Any thought on Hamilton Hill, Beeliar and Spearwood?
Thanks
Agree with your thoughts, would also add Brisbane to those 'boom' cities. Eastern buyers are driving prices and will turn to the west.
Sydney is sitting around 24% year on year growth.
@@williamcrossan9333 yeah, just crazy.
Definitely, I personally expecting Brisbane and Perth to lead the pack in 2022.
Perth property prices will jump at least 40-60% in the in the next 4 years. Had that on my twitter bio f or 2 years. Bought 6 in 2002, sold in 2007. This boom will be huge.
Great video.. In my humble opinion from experience in minig industry Alot of automation is happening in minning industry and resource requirementa moving forward will reduce to half.. All big mining companies are moving remote opeartion centers to asia as well. When it comes to other industries, WA economy will be greatly impacted by students ditching austrlia for other countries. I have bought propert in WA and expect price to go up howwver i believe perth property investment at current times should be short term 3-5 years
Which suburb are your properties
I always enjoy your videos as your views are balanced. Also, you want to see not only data but also big picture. My offer was rejected yesterday.. Rockingham region is very hot now.
Thank you for the kind feedback!
The Rockingham area is definitely heating up, a lot of investors and first home buyers competing with each other
Hopefully i can enter to Perth market before its too late
Please do your own research before investing into Perth!
I like your Bitcoin and Cardano number plates dude.
Excellent video Zeng. Question - What are your thoughts on investing in 3bed Vs 4bed houses? How do you decide which is the better?
Great question Dylan! A 4br will increase the rental income but it will also mean you are paying a bit extra for the same land component. I personally prefer 3br
@@zengzhao-wealthcreation9813 Thank you!
We bought 2 houses in Kwinana. One in the Wellard suburb. And the other in Parmelia. We are currently renovating the property in Parmelia. Paid $300k should be able to flip it for $400k within 1 year
Awesome truth. Who are we? Me and my partner are looking to invest atm looking at getting in touch with like minded people. Property savvy people as well I'd like to get in touch with any body who knows anything about shares or who your stock broker is.
Trying to avoid being scammed as well. 🙏
@@stormkid7 im a property investor. Not really keen on stocks
That is Awesome. I will be putting most of my money into property...
May I ask about the property in Parmelia? How many br and bathrooms.
And did you purchase it recently?
I did put an offer in on one in Carramar unfortunately wasn't the one . But I do believe everything happens for a reason.
Are you a husband and wife team?
@@stormkid7 3bed 1bath 300k. Its our renovation project. Adding another extension because the lot sizes here are 700sqm +.
We are estimating 400k+ sale in 1 year. The Kwinana area is improving a lot.
@@truth4293 Awesome.
Would like to know how it gos for you.
I actively searching atm if you see anything that may be of interest please get in touch lol. Good luck.
Thank you and amazing video. Can you make another video comparing Perth apartment vs house as property investment?
Another excellent episode again, thanks a lot Zheng, I have learnt a lot from your deep research and analysis on property market. I am intend to buy my second property in Perth but a bit lower budget around 350k, feels like a bit hard to target a good deal now.
Thank you so much! The Perth market is definitely heating up but still a few good deals to be found!
@@zengzhao-wealthcreation9813 hi zeng, thanks for your reply, I have purchased the property in Rockingham areas and the yield is pretty good above 6, would you able to share any other suburbs potentially if you can ? Thx
@@kels4241 apparently the Rockingham area is booming
@@moonboy5851 Yes but it's full of bogans and alcoholic aborigines
Hi Zeng, are you a fan of Paul Clitheroe? When you speak, you remind me a lot of him!
good video and i agree, looks like you're about to be right ;)
The peak in Perth was 2014, not 2017. Also, our early 2000s boom happened in 2000, not post 2001.
Another useful content again ☺️ thank you Zeng
Thanks Zeng, great job.
Can I ask suburb that you bought?
great video mate!
Thanks for another great video, with great stats. Which suburbs of Perth are you looking at?
Thank you Johnson! Just settled my purchase in Thornlie :)
@@zengzhao-wealthcreation9813 Hey Zheng, did you go for a 3 or 4 bedder? How much was the purchase price?
Hi Zeng can you please make a video on Perth suburbs? Very informative video as always!
Hi Lily, thank you and will do :)
My life changed since I started with $, 3000 and now I make $16,450 every 11 days
Always amazing contents Zeng! Thank you!
Thank you so much Mon! I am very excited about that purchase of yours! :)
Good information reg. current property market,Thank you
Thank you so much for watching :)
Hi zeng , what’s your opinion on Baldivis suburb??
I live in Perth. Baldvis is a suburb down south on the coast. Close to Rockingham/Mandurah. It got smashed in the downturn. Recovering like rest of Perth. Not anything bad or good to say about it in my opinion. Again need inside knowledge on good streets etc.
So much supply coming online in Baldivis. Supply is the enemy of growth!
@@AusPropertyMasteryWithPK
Must be all those investors trying to cash out.
There is no other reason really. It’s far South of Perth Cbd. That could also be the reason. Mandurah And surrounds (of which baldvis is same bracket) were the fastest growing regions in boom years. A bit like SE Queensland. Population growth. But when downturn came, suffered more so.
@@coolkewlstuff yeah population really has not much influence of property prices.. like brisbane had second higher pop growth in 10 years to 2020 but second lowest capital growth.. but yeah agree with some of your points..
@@AusPropertyMasteryWithPK PK, please make video about Perth market. Thanks
Hi Zeng,how can I reach you regarding of BA service?
Hi Jason, sorry about the delayed response. Please shoot me an email:
zhaotrading.investments@gmail.com
Hi, good day. I am Alfredo here in Perth. I saw your page here. I work with a few people in your industry. Do you mind if I ask you a question?
Hi Alfredo, yes of course!
Thoughts on Midland?
I personally haven’t looked into midland, sorry!
Midland has a bad reputation. I would suggest to research before you buy there.
Bogan area. High crime rate. Avoid!!
I'm located in Melbourne but have been wanting to buy my first investment property in Perth. How would you recommend doing this as a beginner? Is there a buyer's agent you could recommend?
It’s certainly quite hard if we don’t have the right network! I’m a BA but my schedule is full until early next year :/
@@zengzhao-wealthcreation9813 That's a shame. How could I get in contact with you if I'd like to take you on when you are available?
Moving to Australia soon I was looking both options Perth and Brisbane. What is ur recommendation for house market is it better option than Perth.. Thankyou
I live in Brisbane currently. The property market is very hot and competitive here. If you don't have the money, you will be priced out from the market just like I was. I ended up buying a 3 bedroom house 30 minutes North from Perth! Personally, I would recommend Perth.
@@zoltanhorvath7454 Thankyou so much for the answers
@@chetanpunj1235 I always key to the instruction of my financial advisor carthy very feasible.make over 6 or even 7 figures in few months
Fidelpetercarthy
.com
Cheers Zeng great video, what's your thought about the SA property market
Thank you Barun!
I quite like the SA market but it’s hella competitive! Be careful to not overpay
Do you think this is still relevant now in April 2022
Thanks for the vid!!
Thank you for the comment :)
Another great video once again Zeng, how do I become a client of yours? I've always wanted to tackle an interstate investment property but don't know where to start. I would like to enquire about the process of your service. Currently not in a position to re-invest right now, but potentially within mid year 2022 or end of 2022. Thanks!
Hi Leon, I offer a buyer's agent service which covers everything from research to settling the property and finding a tenant. I will be ready to help you whenever you decide to tackle your next investment :)
How do we get in contact to become a client of yours?
@@zengzhao-wealthcreation9813 as above
Perth is good rent is OK for price compared to east 5 x more outlay Brisbane Russell island best in the country 6.5% PA
Cheers Zeng, great video. I also just bought in Perth (City of Belmont) and was very happy with the price.
One other factor I like is that the central region of Perth is running out of land supply. Happy to link you the report if interested.
Thank you Scott! Congratulations on your purchase!
Yes that would be great if you could, I will add it to one of my future videos and share it with the viewers :)
investwithzeng@gmail.com
Hi Scott. Did you have a link for the report?
@@jackson1846 hi Scott could I also see the report. In the process of buying an investment now. Anything appreciated.🙏
I live in Perth, we are hunting an investment property. I can tell you it’s crazy out there At home opens. Midweek twilight first home open, dozens of groups through, nicely located property, priced in high $500s, 6 offers, under offer in $600s. This is not an one-off occurrence, it’s everywhere. Some agents are not listing at even at a price range, as it’s even exceeding their expectations.
Which location are you talking about? I recently placed an offer for an IP in Waikiki and it got accepted.
@@ashmansasa7565
Scarborough
North beach
Mullaloo
Subiaco
Actually all round
Even places out of our known areas via research and expert advice
Bassenden
Bayswater
east Vic Park
Carlisle
$450k - $600k range
All homes super busy home opens
Most sold in first weekend
Most over what even agents initially thought, with multiple offers.
Boy we are getting frustrated.
Yep. Look at Bunbury
@@andyspokes2915 My budget was max $445k, so didn't look at those areas.
@Ashman Sasa there is a so called Guru who says Waikiki is gold but we need to understand when the tide rises everything rises.
Canberra is the hottest market in Australia. Prices have doubled in last 4 years. Pickup any home sale and compare yourselves.
Thank you!
Hey Zheng,
Thanks for the review on the Perth market. How can you be reached as you mentioned you help clients?
Hi Alon, thank you for your support on the channel!
Please send me an email on investwithzeng@gmail.com
I'm still trying to work out how so much money has hit the housing market, during a recession and pandemic.
We can thank the reserve bank and their money printer!
Anybody in Aus recommend a good stock broker? Or stock broking business
「動画の音が良くない」、
I haven't been to Perth since December last year, but even then, you could see the place was jumping. People out and about everywhere.
It definitely looks much more lively than Melbourne right now haha
Perth has not seen any growth in 15 years? ..... are you serious? If you are, then you know nothing
I would agree. There hasn't been much growth in Perth apart from the Western Suburbs where all the mining managers live.
@@utubeglue ive already gained a combined 100k capital gains on my 2 properties in Kwinana and its still climbing
Average house price in Kwinana is 350k now.
I paid 300k only 3 months ago
Kwinana property prices growing like mad. Im in profit zone 100k and counting. Looks like i can retire early 😁👍
@@truth4293 I always key to the instructions of my financial advisor carthy very feasible.make over 6 or even 7 figures in few months,
Fidelpetercarthy
Hi Zeng, what’s your opinion on around Perth Belmont suburb?
Belmont is close to the city (~8km) with great nearby amenities such as the Belmont Forum Shopping Centre, skate parks and schools. The "City of Belmont" is very proactive in redeveloping the area and a lot of redevelopment has been going on in the last few years with new subdivisions and houses/apartments being built. There hasn't been much house price growth in the last 10 years which I would probably say could be due to the demographics of the area (being situated to nearby industrial areas) and the public schooling there isn't that great. The suburb is also beneath the Perth Airport flight path where you could occasionally receive aircraft noises in the suburbs of Cloverdale, Kewdale and Belmont. Belmont was an old housing estate back in the 70s/80s and there might be still some connotations associated with it as the old state housing suburb.