The Perth Property Show

Trent Fleskens hosts Ray White’s Chelsea Owen for a suburb update on Kalamunda, last covered in October 2019 when the median was about $570,000, now around $970,000 and nearing the million-dollar mark. Chelsea discusses Kalamunda’s village feel, housing diversity, schools, quarter-acre blocks, soil and civil cost challenges, and limited large-scale building, with more private builds and some 10–15 site development whispers for 2x2s. Buyer demand is strong, with most listings selling after the first weekend, typically 10–15 groups through and 5–6 offers, often above asking, driven largely by downsizers and families returning to the hills; investors and first home buyers are less present due to price caps. Mobility and low stock constrain both sellers and buyers, with shorter finance timeframes, more cash offers, and longer settlements negotiated. Trent closes with Perth-wide low listings (~2,700), 800+ weekly settlements, and continued price rises while affordability holds.

Trent Fleskens and award-winning WA mortgage broker Sam Carello discuss Perth’s tight housing market, with stock still under 3,000 listings and weekly transactions in the 700s driven by limited supply. They cover the recent 0.25% rate rise that banks passed on, the jump in fixed rates since early December, and current pricing (owner-occupier variable P&I about 5.54–5.65%, two-year fixed about 5.69%, investment IO variable about 6.00–6.15%). Sam explains how buyers are using fast finance clauses supported by strong pre-approvals, and why flexibility on settlement is critical in competitive conditions with 6–8 offers per property. They also discuss increased use of bridging loans, downsizer “no end debt” bridging, the first home buyer 5% scheme pricing some buyers out, and parents buying or gifting deposits to help children.

Trent Fleskens hosts the Perth Property Show, featuring Elliot Briers, Western Australia's top sales agent, particularly excelling in Kalgoorlie. Elliot discusses his journey from Rookie of the Year to the number one agent, emphasizing hard work and building a solid reputation. He explains how Kalgoorlie's unique market dynamics and the sustained investment interest, driven by factors such as high wages and gold prices, have contributed to his success. Elliot also touches upon the challenges in the local property market, including affordability and mobility issues, as well as the growing trend of builders acting as developers in Kalgoorlie.

This week on the Perth Property Show, host Trent Fleskens welcomes Blaine Slater, the new CEO of REIWA. Trent emphasizes the importance of REIWA's data in the real estate industry. Blaine discusses his background in customer service and his fresh perspective on leading REIWA. The conversation covers the current real estate market, stock challenges, and the importance of advocacy, particularly regarding policies like stamp duty reform and Residential Tenancy Act reforms. Blaine mentions the critical role of data-driven engagement with the government and the optimistic outlook for policy changes. They also touch on the importance of collaboration with other industry organizations and the potential of AI to streamline processes. Blaine highlights his goals for REIWA and the positive energy within the organization.

In this episode of the Perth Property Show, host Trent Fleskens discusses the changing landscape of North Perth’s property market. Joined by real estate agents Nick Zounis and Theo Kouroulis from Edison Realty, the conversation explores price trends, buyer profiles, and the impact of recent economic changes. The speakers recount the significant growth in North Perth’s median house prices over the past six years and discuss the effects of COVID-19 on the market. They delve into the dynamics of home buying in the area, including the importance of a competitive offer and the trend of young families moving into the suburb. The episode also touches on the challenges and opportunities presented by the redevelopment of local infrastructure and the preservation of North Perth’s character homes.