Buyers Undeterred By Record High Prices
Perth’s property market continues to defy expectations, with record-high values doing little to deter buyers.
Despite higher interest rates over the last two years, investor lending in Western Australia has grown considerably, suggesting that property investors are optimistic about Perth’s long-term prospects.
Owner-occupiers have also remained active buyers in the Perth market, with ABS data showing a steady rise in owner-occupier lending.
Domain recently reported that some buyers are so desperate, they are writing letters to existing homeowners offering to buy their properties.
Buyers’ agent and Resolve Property Solutions director Peter Gavalas warned however that “the likelihood of buying a house from a letter drop is unlikely unless the property has issues or you are paying well above market value for it”.
The experienced team at Resolve however mange to secure almost 50% of the properties they buy for clients either pre or off market. If you are struggling to secure your dream home in Perth, speak to our team today and let us take the hassle out of the process for you.
Source: CoreLogic
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Property Spotlight The team at Resolve Property Solutions braved the cold and purchased 17 properties in July, with an impressive 60% of these being secured either pre or off market. Here’s a small sample of the properties purchased during the month: |
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What’s Happening In The Perth Property Market?
| In the past twelve months alone, we’ve helped over 160 clients close deals in high growth, high cashflow locations, while taking care of all the paperwork and dealing with the agents so you don’t have to.
What’s more, we’ve saved them thousands through our intimate market knowledge, vast off market referrer network, decades of experience in development, planning, investing and our ‘in the trenches’ up to the minute live pricing models. You may feel you’re already a good researcher, negotiator and deal finder and you probably are – for your level of experience. However the reality is – we’ve closed over 160 deals in the past year, developed a vast network of referrers over the past two decades, and built a team of full time researchers, deal finders and relationship builders to ensure that if anything happens in the Perth property market – we know about it….first! Maximise your options by accessing off market deals, giving you more properties to choose from, save time and avoid all the hassle, as we take care of all of the inspections, research and negotiations for you. If you’re ready to enjoy the same success as our clients, please book your complimentary vision analysis session today! |
