A leading property expert has downplayed fears of a massive property market crash in Australia this year, saying prices especially in Perth would likely remain steady.

Lloyd Edge, founder and director of Aus Property Professionals, is among a group of economists pushing back against ANZ’s prediction the Australian property market will crash this year.

He told Liam Bartlett on 6PR Mornings he doesn't agree with the bank's 12 per cent estimation of a decrease in property prices, nor of widespread belief among industry experts of a significant housing market crash at all, let alone here in Perth.

A leading property expert has downplayed fears of a massive property market crash in Australia this year, saying prices especially in Perth would likely remain steady.
Lloyd Edge, founder and director of Aus Property Professionals, is among a group of economists pushing back against ANZ’s prediction the Australian property market will crash this year.
He told Liam Bartlett on 6PR Mornings he doesn't agree with the bank's 12 per cent estimation of a decrease in property prices, nor of widespread belief among industry experts of a significant housing market crash at all, let alone here in Perth.

Simon Beaumont will keep you up to date with all the latest breaking stories and issues in Perth.

Simon Beaumont will keep you up to date with all the latest breaking stories and issues in Perth.