Understanding Perth's Property Market August 2024! - With Junge Ma - Halls Head WA

Understanding Perth's Property Market August 2024!


Every month, we ask our audience to send in a suburb that they'd like analysed. Investorkit's lead research analyst, Junge Ma, will be going through the data to let them know whether it's a NO or a GO!

The question for today’s episode was sent in by Matt, who is asking about how low a price point he should go where he starts sacrificing quality in the suburb of Halls Head in WA.

We're assessing the area in a more holistic view, so we'll start from the overall state of WA, to the LGA of Mandurah, down to the actual suburb of Halls Head.

Overall, WA is in a very good spot now, as it's a hot market at the moment. Experiencing strong population growth, a thriving economy, and high wage growth, making it an attractive market for investment.

But with Matt wanting to buy a property that's below the median house price, Junge has some advice for him as to how to possibly move forward.

To find out if this suburb is a GO or a NO, be sure to click on this episode as Junge Ma breaks down the data and states the facts about the area that you've sent in.


And of course, if you'd like a suburb analysed, click the link below and get in touch!
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CHAPTERS:
00:00 - Introduction to WA's Strong Economy and Population Growth
05:30 - Discussion on Building Approval Percentage in Mandurah
09:39 - Comparison of Growth in Mandurah to Recovery Growth
12:01 - Analysis of Matt's Question on Property Purchase in Halls Head
15:17 - Closing Remarks on Due Diligence in Perth Property Market



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