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Why the end of Perth’s boom keeps getting pushed back
While most of the country worries about slowing markets and policy uncertainty, Perth’s fundamentals continue to suggest the boom is far from being over.
In a special crossover podcast episode of Smart Property Investment and Real Estate Business, Liam Garman sits down with Ashby Farrell from WHTEARCH to explore why Perth continues to outperform while Sydney and Melbourne lose momentum.
Farrell explains that Perth’s growth is being driven by genuine owner-occupier demand rather than investor speculation, creating a level of resilience rarely seen in other capital cities.
The discussion highlights how rising construction costs, labour shortages, and supply constraints are making established homes increasingly attractive, with many properties now impossible to replace at their current market value.
The episode also explores the potential impact of proposed changes to negative gearing, capital gains tax, and rental legislation, and why Perth may be better positioned than most markets to absorb any policy shocks.
Farrell argues that despite ongoing uncertainty, the fundamentals supporting Perth remain firmly intact, with affordability, population growth, and lifestyle appeal continuing to drive demand.
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