In this episode of the Perth Property Show, host Trent Fleskens welcomes back Tim Reardon, Chief Economist at the Housing Industry Association (HIA), to discuss the ongoing challenges and future outlook for the housing market in Perth and Australia. The conversation highlights the critical housing shortage, the impact of rising land prices, the failure of current policies to address infrastructure needs, and the consequential increase in home and rental prices. Reardon discusses the necessity for meaningful tax and policy reform to meet the housing demand, the shift towards renovation due to affordability constraints, and the expected slow growth in the apartment sector. The episode underscores the pressing issue that Perth is not building enough homes to meet demand and foresees a continued rise in housing costs.
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31:39
339 - Property Expert Interview ft. Megan Adair
This week on the Perth Property Show, Trent Fleskens welcomes Megan Adair, director of Adair Advisory, WAPC Commissioner and Non-Executive Director at Stellar Living, for an in-depth discussion on her career and insights into the housing market in Western Australia. Megan shares her journey from studying at Curtin University to becoming a pivotal figure in the planning and property industry, touching upon key experiences and challenges she has faced. The conversation delves into the complexities of the planning landscape, the role of local government, and the importance of leadership and flexibility in policy-making.
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44:25
338 - Mortgages & Finance Update ft. Sam Carrello
In this episode of the Perth Property Show, host Trent Fleskens discusses the forecasted rate cuts and their implications with top mortgage broker Sam Carrello. Together, they explore the expected reduction in cash rates by the RBA, the banks' responses, and the impacts on mortgage serviceability and housing affordability in Perth. Topics include predictions for rate cuts, their effects on borrowing capacity, the role of demand and supply in the property market, and various government schemes like Help to Buy and the First Home Guarantee. Carrello also provides practical advice for first-time buyers navigating the current market landscape.
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21:25
337 - WA Housing Construction Update May25 ft. Michael McGowan
In this episode of the Perth Property Show, host Trent Fleskens welcomes Michael McGowan, executive director of the HIA, for an in-depth discussion on the current state of Western Australia's construction market. They explore critical issues such as the undersupply of new builds, industry capacity, market consistency, and the long-term goal of constructing 26,000 homes annually. McGowan provides insights into the challenges of meeting housing demands, the impact of rising construction costs, the significance of the National Construction Code updates, and the need for innovative building methods. The conversation emphasizes the complexities of the market and the ongoing efforts to address housing shortages and improve efficiency.
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31:38
336 - Sourcing From China ft. Trent Fleskens
Host Trent Fleskens reflects on the implications of the recent federal election on Perth's property market, including immigration and housing policies. Trent shares his personal experience of sourcing building materials directly from China to save costs while ensuring quality. He details his journey to Foshan, guided by a local translator, where he sourced various products like tiles, bathroom fixtures, cabinetry, and furniture at significantly reduced prices compared to Perth. Trent provides insights into the logistical challenges and benefits of this approach, emphasizing the potential for substantial cost savings and customization in home building projects.
Australia’s only property podcast by West Australian experts for West Australian listeners! Catch your new episode Monday morning @ 7am!
Trent Fleskens is the Managing Director of https://www.strategicpropertygroup.com.au, https://www.strategicmortgagesperth.com.au, and https://www.strategicsettlements.com.au
Australia