1. No toll roads vs Sydney average annual tolls at $5k. 2 Perth on Hong Kong time for business. 3. Beaches along metro area. 4. Metronet public train/bus ports South to North 5. Mostly flat terrain so climate change unlike Sydney and Brisbane won't create land slides and flooding That's just 5.
This was the best video on Perth I’ve ever seen. No fluff just data without the hype. Nice to see a RUclipsr respect viewers intelligence….rare these days
Thanks for the comment, @d.j.z.j! I'm glad you enjoyed the video. We recommend doing thorough research or consulting with a buyers agency like InvestorKit for tailored advice based on your investment goals. Feel free to reach out if you have more questions or need specific guidance!
Hi @jamesm6341! Thank you for the compliment! We're glad you appreciate the direct approach. We’ll keep providing clear and concise content for you. Thanks for your support!
Hi Arjun, could you please comment on what websites/platforms you use to track the local job market, job advertisement data, output of state revenue and local incomes etc
Yep but interstate and overseas buyers are parking cash in hard assets and thats why they are choosing Perth. They are also bouncing off tax incentives. I'd be looking for how many "vacant properties" are being sat on.
If land is under governement, gov should create gated communities and community flats to make afford homes for citizens ! That would bring down these insane prices !
@@holypunk12 it wouldn’t bring down prices as many other types of buyers wouldn’t find interest and would continue to buy other stock in high competition. However it would definitely help many with more investment from the government into housing. They have a horrible track record for delivering volume, and a downward trajectory going back decades for public housing
only way people can afford from now onward is devalue the currency ! otherwise only those high networth individuals can afford without big debts in the kitty !
Interstate buyers flocking the suburb Armadale like it’s a great value buy blah blah hasn’t seen the time where owners called tenants and voluntarily reduce the rent. Armadale will be the last suburb someone would want to rent when the rental market cools down
Exactly similarly gosnells and to some extent Thornlie. I mean I saw someone posting a chart yesterday that Armdale and gosnells are no 1 and 2 on the list of suburb with the most growth Aus wide. It’s shocking.
@@RavinderSingh-cs9rj Haha exactly Thornlie and Gosnells. I am excited to see how next down turn pans out. This boom can last for few years once it’s over, the interstate buyers will vanish. Like how they did between 2010-2020, I bought a land purchased for less than the cost price for the seller. yes I repeat they sold it in loss. The flat I rented has just come to the price of how much they bought in 2010, took 10 years. It’s in Thornlie.
The same could be said about Coolbellup and Willagee nobody wanted to buy there. Look how well they have gone. If you go back far enough even Fremantle
Average property prices in Perth are $700 - your calculations are based on $500K - there are no properties unless you look at a unit / apartment. So your figures regarding affordability too out of date and irrielvant - which makes everything else you said irrelevant.... for a vid that is only 3 weeks old - disappointed
There are many regions to south of Perth and north to where houses $450-$600k are possible If everything was out of date and not valid in today’s terms why would growth be occurring if everything was unaffordable? Affordability is a big part to play in today’s growth.
Really appreciate the kind words! Doing our best to provide the best content and data in Aus. Will keep on improving and hopefully reach that milestone 🙏🏽🔥😀
It’s on a run right now for sure. However all markets can go flat and decline too. So we can’t rule it out. However clearly won’t be for long due to supply and affordability
@@RK.7796 the questions are from others we are here to respond and unpack. Why the hate to other people who are simply trying to learn and ask us questions to answer in videos?
Would you still invest in Perth after watching this?
Yes, and thank you for the helpful video. I'm also looking at Brisbane but might lean towards Perth
Fk yea perth to the moooooooooooon 🚀 🌙 🌚 🎉
1. No toll roads vs Sydney average annual tolls at $5k.
2 Perth on Hong Kong time for business.
3. Beaches along metro area.
4. Metronet public train/bus ports South to North
5. Mostly flat terrain so climate change unlike Sydney and Brisbane won't create land slides and flooding
That's just 5.
yes you stupid I would invest in Perth for the next decade!
Possibly but only certain areas. Stay away from thornluw area and Armadale etc and Rockingham possibly?
This was the best video on Perth I’ve ever seen. No fluff just data without the hype. Nice to see a RUclipsr respect viewers intelligence….rare these days
Really appreciate it my friend 🙏🏽 I’ll keep content like this coming.
Always Great to watch, very informative and easy to understand.
Appreciate it Justin ! Thanks for supporting the page
Perth will rise min 10% from the day of video and if the stars align could be 40% (mining holds up, rents keep rising , interest rates drop)
No doubt it’s moving very strong
Great video my bro. Do you recommend areas like coxknurn central, safety bay , forrestdlale or coolbelup area. Hard to find anywhere below 600 k
Thanks for the comment, @d.j.z.j! I'm glad you enjoyed the video. We recommend doing thorough research or consulting with a buyers agency like InvestorKit for tailored advice based on your investment goals. Feel free to reach out if you have more questions or need specific guidance!
Thanks you mate . Much better thank pk Gupta . You are straight to the point.
Hi @jamesm6341! Thank you for the compliment! We're glad you appreciate the direct approach. We’ll keep providing clear and concise content for you. Thanks for your support!
Pk is amazing but hes not investing in Perth anymore . Great content investor kit
So does perth still have 3 plus years of growth is supply still an issue
can you talk about the future of melbourne property? Isit undervalued now?
Great question! We dropped a video on it 2-3x months ago. You’ll enjoy it! It’s a similar approach to this video
Hi Arjun, could you please comment on what websites/platforms you use to track the local job market, job advertisement data, output of state revenue and local incomes etc
Hi @GU3SSwho1, we use data from ABS, CoreLogic and Housing Australia as well as many others. Thanks for the comment.
Thanks Arjun. Great insight into the Perth market.
You’re welcome! Glad you enjoyed it
Yep but interstate and overseas buyers are parking cash in hard assets and thats why they are choosing Perth. They are also bouncing off tax incentives. I'd be looking for how many "vacant properties" are being sat on.
Our look at vacant properties still shows it’s a drop in the ocean.
Excellent analytical from the speaker.
Thank you very much!
Could you make a video on Melbourne? It hasnt had any growth in the last few years when the entire Australia has been going gangbusters
@@lalachor1 great news, we did a video on Melbourne in our channel already. Do check it out when you get a moment! 😀
@@investorkit thanks I just viewed it great analysis
Great vid, loving this podcast!😊
Cheers my friend
If land is under governement, gov should create gated communities and community flats to make afford homes for citizens ! That would bring down these insane prices !
@@holypunk12 it wouldn’t bring down prices as many other types of buyers wouldn’t find interest and would continue to buy other stock in high competition. However it would definitely help many with more investment from the government into housing.
They have a horrible track record for delivering volume, and a downward trajectory going back decades for public housing
Very logical
Thank you and appreciate it!
only way people can afford from now onward is devalue the currency ! otherwise only those high networth individuals can afford without big debts in the kitty !
Thanks for sharing your opinion @holypunk12! Stay tuned for more insights and video content.
Interstate buyers flocking the suburb Armadale like it’s a great value buy blah blah hasn’t seen the time where owners called tenants and voluntarily reduce the rent. Armadale will be the last suburb someone would want to rent when the rental market cools down
Exactly similarly gosnells and to some extent Thornlie. I mean I saw someone posting a chart yesterday that Armdale and gosnells are no 1 and 2 on the list of suburb with the most growth Aus wide. It’s shocking.
@@RavinderSingh-cs9rj Haha exactly Thornlie and Gosnells. I am excited to see how next down turn pans out. This boom can last for few years once it’s over, the interstate buyers will vanish. Like how they did between 2010-2020, I bought a land purchased for less than the cost price for the seller. yes I repeat they sold it in loss. The flat I rented has just come to the price of how much they bought in 2010, took 10 years. It’s in Thornlie.
The same could be said about Coolbellup and Willagee nobody wanted to buy there. Look how well they have gone. If you go back far enough even Fremantle
Gents , I've doubled my money already in Armadale and it's a subdividable block, so keep prophesying doomsday and we'll keep making that mula 😂😂😂
Keep dreaming mate, people will rent where they can afford, people will move to the cheapest area they can afford
Average property prices in Perth are $700 - your calculations are based on $500K - there are no properties unless you look at a unit / apartment. So your figures regarding affordability too out of date and irrielvant - which makes everything else you said irrelevant.... for a vid that is only 3 weeks old - disappointed
There are many regions to south of Perth and north to where houses $450-$600k are possible
If everything was out of date and not valid in today’s terms why would growth be occurring if everything was unaffordable? Affordability is a big part to play in today’s growth.
Can I invest in this channel? Calling 20k subscribers by end of year. Gonna come back to this comment 😂
Really appreciate the kind words! Doing our best to provide the best content and data in Aus. Will keep on improving and hopefully reach that milestone 🙏🏽🔥😀
I think the community is lacking content on macro. Govt housing, migration and tax policies. Market cycles and when to exit
Perth = doge coin once it breaks out no stopping it. Its going to 100x
It can be other way as well or stay stagnant for 10 years. Like 2010-2021
It's one of the cheapest property markets in Australia, you do know that right?@@Sv-ry9lj
It’s on a run right now for sure. However all markets can go flat and decline too. So we can’t rule it out. However clearly won’t be for long due to supply and affordability
no! Perth has not peak! what a stupid question
@@RK.7796 the questions are from others we are here to respond and unpack. Why the hate to other people who are simply trying to learn and ask us questions to answer in videos?
@@investorkit Why do you hate me so much for just simply telling you that Perth has not peak?
@@RK.7796we love you, if you watched the video in full. We said it hasn’t.
@@investorkit if you love me so much why don't you show me the love and give me a for my comment.