Geopolitical conflict rarely hits economies evenly. The current instability in the Middle East is a clear example, particularly through its impact on global energy markets. For Australia, the outcome is split: resource exporters benefit, while households, construction and the housing market face increasing pressure.
The escalation in the Iran conflict has unsettled global markets and closer to home, it has dented confidence. Over the past month, buyer sentiment has softened as economic uncertainty, volatile oil prices, and geopolitical risk have entered the conversation again. That matters, because confidence is a key short-term driver of housing activity.
A concern we have heard a couple of times recently is: “Because you’re Ray White… will our investment property just be another number?” It’s a fair question. The reality is, while we operate under the Ray White brand, we are a family-owned business, established in 2009 by Andrew & Amy Huggins, … Read more
The Perth property market is entering a critical transition phase — not a crash, but a shift. After several years of rapid price growth, strong demand, and extremely tight supply, the market is beginning to show early signs of cooling. But this is not a negative story. In fact, for informed buyers and sellers, it may be one of the most important windows of opportunity we have seen in years.
The working assumption in markets right now is that the latest Middle East conflict will be sharp, contained, and ultimately resolved within a defined timeframe. That assumption is increasingly difficult to defend.
If you own an investment property in the City of Belmont, choosing the right property manager is one of the most important decisions you will make. Whether your property is in Rivervale, Belmont, Ascot, Redcliffe, Cloverdale or Kewdale, the difference between average management and high-performance management can mean thousands of dollars each year.
Today’s interest rate rise will inevitably dominate headlines and trigger the usual questions about what it means for property prices. In theory, higher interest rates should cool housing markets by reducing borrowing capacity and increasing mortgage repayments. And in many Australian cities, that relationship broadly holds. But Perth is not … Read more
One of the most damaging mistakes a property seller can make is appointing an agent who does not work regularly in the suburb where the property is located. It happens all the time. Sellers choose an agent because a friend recommended them, because they sold a property somewhere else, or … Read more
The Perth property market continues to evolve rapidly, and one of the clearest trends emerging is the creation of two distinct sectors of the market. At one end, parts of Perth are super-heated, quite literally “on fire.” Demand continues to surge while available housing remains extremely limited. In many suburbs, … Read more
Whenever major geopolitical tensions occur, particularly in the Middle East people naturally ask whether global events will affect property markets closer to home. With renewed tension between the United States and Iran making headlines, some buyers and sellers are wondering whether the Perth property market could be impacted. The reality … Read more