Menu
We bring the whole team to give you a powerful advantage
Learn More
CloseCottesloe Mosman Park
Loading...
Contact Us
News

Overseas interest in Perth’s property surges – from new sources…

•By Jody Fewster
  • The IMF has upgraded its forecasts for world growth to 3.1% this year, although Australia’s is expected to be 1.4% in 2024 and 2.1% in 2025.
  • With annualised growth coming in at 3.1% for the US – the strongest of any major advanced economy – it doesn’t look like the Fed will cut their rates any time soon. Interestingly, 3.1% is still slower than the 3.8% average global growth over the past two decades (Axios).
  • The S&P 500 reset its record on Tuesday.
  • Unphased by sluggish retail sales, the Aussie dollar was up yesterday at $US .657.
  • Just out, CPI shows inflation has slowed to 4.1% in the year to December quarter from 5.4% in September. Whilst moving in the right direction it’s still well above the RBA’s target of 2-3% so I don’t think our rates will change at their next meeting next Tuesday.
  • The S&P/ASX 200 is up on the news and within reach of a record high as I type. All eyes on February’s reporting season with expectations of flat interim earnings growth.
  • Supply of rental properties have plummeted to half the 10 year average of properties that would normally be available. This is a bigger proportion than any other state (REA PropTrack).
  • The Government has quietly abandoned the Significant Investor Visa or “888” which had bought property investors from China.
  • Overseas interest in WA’s property market surged 20% in 2023 with most searches coming from Britain, NZ, USA, Singapore and Indonesia.
  • Call me today to create a totally personalised plan to get your home or investment property in front of these buyers.
Share:
Back to all news
Up to Date

Latest News

  • •By Janelle Drew

    Perth Property Market Forecast for 2026

    As we approach the end of 2025, the Perth property market remains one of the most tightly held and resilient in the country. Buyer interest is strong, listing numbers are low, and the rental market is still experiencing significant pressure. These conditions have been consistent throughout the year, and they … Read more

    Read Full Post

  • •By Janelle Drew

    RBA Holds Rates Amidst Economic Uncertainty

    The Reserve Bank of Australia held the cash rate steady at 3.60 per cent on Tuesday, adopting a cautious stance as mixed economic signals create uncertainty about the appropriate policy response. Balancing Inflation and Employment The decision to hold reflects the central bank’s careful approach when facing conflicting economic indicators. … Read more

    Read Full Post