The growing population of Perth & the impact on house prices in 2023 and beyond

Catherine delves into the fascinating topic of Perth's growing population and its significant impact on property prices in the year 2023 and beyond. They explore the various factors contributing to this population growth and how it directly affects the real estate market in Perth.

Catherine explores deeper into the specific factors driving Perth's population growth and how they intertwine with the real estate market. We will also explore potential solutions and strategies that can help address the challenges posed by rising house prices. This will ensure a sustainable future for both residents and investors.

Stay tuned as we navigate the intricate relationship between Perth's growing population and its impact on house prices in 2023 and beyond.

In this episode:

Market outlook, Perth-based investors, and cost of housing
Projected number of people coming in annually
On different ways to invest in properties
Rental Crisis in Perth, huge supply and demand gap
Factors behind low vacancy rate of 0.6%
Trends: FIFO, dual living homes, workers coming in
Expecting a massive influx of students
The changing profile of who is building.
Land banking strategies and fast-moving blocks.
It's safer to talk to us before buying or investing.
Opportunities in the market right now.

About Build Bright Brokers:
Our team of seasoned professionals is here to guide you through every step of the process, ensuring that your investment journey is smooth and stress-free. Constructing purpose-built rental properties. Gone are the days of waiting for the market to appreciate - with Build to Rent, you're in control from the ground up. At Build Bright, we strongly encourage our clients to consider a ‘Build to Rent’ strategy, as you have the benefits of tax deductions, deprecation, compounding capital growth and rental income that could be paying off your repayments. Now, let's talk numbers. With Build to Rent, you're not just investing in bricks and mortar; you're investing in a steady stream of rental income. Enjoy consistent cash flow and watch your returns grow as demand for quality rental properties continues to rise. The key to success in Build to Rent is tenant satisfaction. Happy tenants mean longer leases and higher retention rates. And the more satisfied your tenants are, the more your investment flourishes. Picture this: designed for renters, crafted with precision, and equipped with all the amenities that modern tenants desire.

We choose hotspots for tenants that will look and care for your investment, to reduce the impact of wear and tear. Particularly being on the other side of the country, choosing a family orientated to invest gives you peace of mind your investment is taken care of. As your main point of contact, we speak with multiple partners to provide land and build solutions for your investment. On top of that, we are here the entire way to ensure a smooth and streamlined experience.

Catherine Smith
Founder & Managing Director
Catherine Smith Catherine, the founder and driving force behind Build Bright, brings over 10 years in new home sales and strategic property investments. With a passion for real estate and a keen eye for lucrative opportunities, Catherine’s track record of creating wealth through strategic property investments, has launched her team to success in the building and investment industry in WA. Expertise in market analysis, property valuation, and investment strategy development; allows Catherine to identify high-potential properties and maximize returns for our clients and partners. Catherine is also the host of the popular podcast – Build Out West, which focuses on the building and investing space in WA. Through informative and engaging discussions, Catherine aims to educate and inspire homeowners, builders, and industry professionals alike. Whether you're a seasoned investor seeking portfolio diversification or a newcomer looking to enter the property market, Catherine and the Build bright team provides personalised solutions tailored to your needs. Our track record of success and dedication to integrity and transparency make us a trusted partner in property investment.

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