This episode of The Purposeful Investor provides an update on the hot Perth property market. Lachlan Delahunty from Performance Property shares his insights on the current conditions, discussing high demand, low stock levels, and multiple offers being common. He explains how property market cycles typically work, with periods of growth and stagnation.
Lachlan compares the current Perth cycle to previous ones as well as other Australian cities like Brisbane and Adelaide in recent years and explores the challenges for first-home buyers in the current competitive environment.
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