Today, I chat with Tim Lawless who is one of Australia’s top property market researchers in his role as Executive Research Director at CoreLogic. We explore why the the Perth property market continues to lead the nation in growth and how affordability factors are starting to play a role.
We also dive into Perth’s rental market, where growth in house and unit rents is slowing. Tim explains how reduced migration and affordability challenges are shaping demand in this space.
Looking ahead to 2025, we discuss key trends, from supply constraints to interest rate impact.This is an episode you must tune into.
Let’s go inside!
Resource Links:
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Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property (https://www.investorsedge.com.au/invest-in-perth-property/)
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Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
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Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
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For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
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For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
Episode Highlights:
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Intro [00:00]
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Perth Property Market Overview [01:14]
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Market Trends and Affordability [01:57]
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Current Market Cycle and Segment Performance [03:36]
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Segment-Specific Growth and Affordability Ceiling [04:48]
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Rental Market and Vacancy Rates [07:38]
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Comparative Analysis and Future Prospects [12:08]
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Dwelling Approvals and Urban Sprawl [14:53]
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Finance and Lending Trends [17:47]
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Impact of State Policies on Investors [19:38]
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About the Guest:
Tim Lawless is a prominent figure in the Australian property market, currently serving as the Head of Research for CoreLogic Asia Pacific since January 2017. With extensive experience in property analysis, he has held various leadership roles, including Director of Research at CoreLogic RP Data and Research Director at Colliers International. Lawless is recognized as an authority on residential property, frequently providing expert commentary on market trends and economic factors affecting real estate. His insights are sought after by government bodies, corporate entities, and media outlets, making him a well-respected voice in the industry. Additionally, he has a background in business and marketing, holding a Bachelor of Business from Queensland University of Technology.
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