Today, I'm taking a deep dive into why the building bottleneck in Perth is actually supporting the price growth of established properties. 

Anyone who's hands-on in our market would know that prices are continuing to increase, especially in the lower end suburbs where investors are chasing higher rental yields, and homebuyers are pursuing more affordable options. 

Let me take you through what the stats show us for the number of building approvals, how many homes are under construction and the average cost to build a new home and how all this compares to the demand for housing and why it's going to keep our market moving up despite these interest rate rises and all the negative media. 

So, 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/)
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]
Why People Are Flocking to Perth [01:26]
How the Building Industry Has Changed Since the Building Grants Were First Released [03:17]
Multi-dwelling Approvals Have Fallen Off a Cliff [05:22]
The Number of Unfinished Homes Has Hit a Record High [06:41]
The Boom That No Builders Profit From [08:44]
Average Cost to Build [10:57]
Median Price of a Single Level Home [12:50]
Difference Between Established and New Properties [14:48]
What is Driving the Established Market at the Moment? [16:38]
Outro [17:53]



Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.



Connect with Perth Property Insider:
Subscribe on YouTube: https://www.youtube.com/channel/UCgT9-gB6RS69xSgc8J9KrOw
Like us on Facebook: https://www.facebook.com/investorsedge

Today, I'm taking a deep dive into why the building bottleneck in Perth is actually supporting the price growth of established properties. 
Anyone who's hands-on in our market would know that prices are continuing to increase, especially in the lower end suburbs where investors are chasing higher rental yields, and homebuyers are pursuing more affordable options. 
Let me take you through what the stats show us for the number of building approvals, how many homes are under construction and the average cost to build a new home and how all this compares to the demand for housing and why it's going to keep our market moving up despite these interest rate rises and all the negative media. 
So, let's go inside.
 
Resource Links:
<ul>
<li aria-level="1">Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (<a href="https://www.investorsedge.com.au/invest-in-perth-property/">https://www.investorsedge.com.au/invest-in-perth-property/</a>)</li>
<li aria-level="1">Join the Perth Property Investment Facebook Group (<a href="https://www.facebook.com/groups/perthpropertyinvestors">https://www.facebook.com/groups/perthpropertyinvestors</a>)</li>
<li aria-level="1">Join Jarrad Mahon’s Property Investor Update (<a href="https://www.investorsedge.com.au/join">https://www.investorsedge.com.au/join</a>)</li>
<li aria-level="1">For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (<a href="https://www.investorsedge.com.au/perth-property-management-specialists/">https://www.investorsedge.com.au/perth-property-management-specialists/</a>)</li>
<li aria-level="1">For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (<a href="https://www.investorsedge.com.au/selling-your-perth-property/">https://www.investorsedge.com.au/selling-your-perth-property/</a>)</li>
</ul>
 
 
Episode Highlights:
<ol>
<li aria-level="1">Intro [00:00]</li>
<li aria-level="1">Why People Are Flocking to Perth [01:26]</li>
<li aria-level="1">How the Building Industry Has Changed Since the Building Grants Were First Released [03:17]</li>
<li aria-level="1">Multi-dwelling Approvals Have Fallen Off a Cliff [05:22]</li>
<li aria-level="1">The Number of Unfinished Homes Has Hit a Record High [06:41]</li>
<li aria-level="1">The Boom That No Builders Profit From [08:44]</li>
<li aria-level="1">Average Cost to Build [10:57]</li>
<li aria-level="1">Median Price of a Single Level Home [12:50]</li>
<li aria-level="1">Difference Between Established and New Properties [14:48]</li>
<li aria-level="1">What is Driving the Established Market at the Moment? [16:38]</li>
<li aria-level="1">Outro [17:53]</li>
</ol>
 
Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
 
Connect with Perth Property Insider:
<ul>
<li aria-level="1">Subscribe on YouTube: <a href="https://www.youtube.com/channel/UCgT9-gB6RS69xSgc8J9KrOw">https://www.youtube.com/channel/UCgT9-gB6RS69xSgc8J9KrOw</a></li>
<li aria-level="1">Like us on Facebook: <a href="https://www.facebook.com/investorsedge">https://www.facebook.com/investorsedge</a></li>
</ul>

Jarrad Mahon is the go-to guy in property management and investment in Perth and the owner of Investors Edge Real Estate, giving you his insider view on the Perth market and the strategies needed for you to grow your wealth and improve your life. All you need to do is to stay tuned!

Perth Property Insider Podcast

Jarrad Mahon is the go-to guy in property management and investment in Perth and the owner of Investors Edge Real Estate. Tune in to get his insider view on the Perth market and the strategies needed for you to grow your wealth and improve your life.

Jarrad Mahon is the go-to guy in property management and investment in Perth and the owner of Investors Edge Real Estate. Tune in to get his insider view on the Perth market and the strategies needed for you to grow your wealth and improve your life.

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