The Market

The Market
25-06-2021

IT is definitely a sellers’ market right now in Perth — gone are the days of making a cheeky offer and having it accepted or having time to pick and choose.

If you’re looking to buy a home now, there is a consensus among selling agents you will need to act quickly and decisively.We appreciate it’s a very personal thingbuying a home, but if you’re struggling to afford what you want, maybe it’s time to adjust your expectations and accept what you can afford, With market conditions unlikely to swing back into the buyer’s favour any time soon, we recommended buyers start with what they genuinely need in order to get into the market and work forward from there.

“One thing to consider is that while it might look like you’re paying slightly over the odds for something now, with price growth predictions for Perth as high as 19 per cent for this year, and property prices still lower than the peak in 2014, that might not be the case in 12 months’ time.