Host Trent Fleskens and guest Lachlan Delahunty discuss current Perth market conditions, discussing recent “noise” from media and federal budget changes is short-lived compared to slow-moving fundamentals. They note Perth is still growing at roughly 1% per month with around 5,000 listings versus a balanced 13,000, keeping sellers in control despite fewer home open attendees and offers. The biggest constraint is interest-rate-driven serviceability, with some investor deals falling over due to negative gearing changes in bank assessments, reshaping investor behaviour toward new builds and infill. They warn against spruiker-led outer-suburban/off-the-plan and SMSF pitches, and highlight Perth’s strong population growth and supply shortages. Strategies discussed include value-add subdivision/infill development, syndication for larger sites, and the “accidental landlord” approach to upgrading while keeping and renting an existing home.

Host Trent Fleskens and tax accountant Carlo Baudi unpack proposed budget changes affecting property investors, stressing they are not yet legislated. They explain the shift from the 50% CGT discount toward inflation indexation from 1 July 2027, with gains before that date effectively grandfathered and calculated via ATO pro‑rating or a 30 June 2027 market valuation. They highlight a new minimum 30% tax on capital gains and trust distributions, which they argue hits lower-income earners harder and reduces the benefits of trusts. On negative gearing, they discuss restricting deductions to new builds while grandfathering existing holdings, potentially diverting investment to house-and-land and apartments, reducing rentals in established suburbs, and lowering borrowing capacity. They suggest reviewing structures (personal vs company) and seeking tailored accounting advice.

Host Trent Fleskens interviews local agent Daniella Sparta for a Dianella suburb update, describing a noisy May 2026 backdrop (war, fuel prices, interest rates) but continued demand in Perth despite listings still below 5,000 and about 800 sales a week. They break Dianella into distinct pockets from St Andrews Estate’s multi‑million‑dollar homes to villas and units, noting recent sales from about $850k–$886k at the lower end to $1.75m and above, including older large homes near $1.95m and a first $3m sale. Home open attendance remains strong, but offers are fewer as affordability tightens and sellers’ expectations rise, suggesting a likely six‑month breather rather than price falls. They discuss why locals sell (downsizing/aged care), a $1.2m median after 22% growth, limited cash buyers, proposed development near Dianella Drive, and Dianella Plaza’s underwhelming retail.

Host Trent Fleskens interviews Bayswater agent Nick Pulvirenti on the suburb’s rapid growth and changing buyer mix. Bayswater’s median rose 23% last year (about $1.2m), with stronger gains in more affordable strata stock as first-home buyers use affordability schemes; two‑bed, one‑bath units in a once-avoided King William Street complex now sell in the $600s. Detached character homes are increasingly bought by owner-occupier professionals in their 30s–40s, often with family support, while the investor share (previously dominated by East Coast buyers) has eased as many cash out. Home opens remain strong in good locations but FOMO has softened since pre‑Christmas, with more buyer hesitancy and seller price expectations causing properties to take a few home opens to sell. They discuss common reasons for selling (upsizing, downsizing, cashing in), development around the upgraded Bayswater station, rear blocks around $500k, and a current local ceiling near $2.5m on the river.

On the Perth Property Show, Trent Fleskens and Brendon Ptolomey provide a WA regional market update based on HTW travel and valuation work across the state. Kalgoorlie remains strong with local and investor demand, resilient values despite new supply, and support from gold and lithium. Albany/Denmark are undersupplied, with short-stay returns and lifestyle migration keeping pressure on rentals and prices amid construction constraints. Dunsborough’s $2–$4m holiday segment is still healthy but less frenetic, driven by Perth wealth, with no signs of forced selling. Bunbury remains a value alternative to Perth, with typical prices around $500k in Withers and $600k–$700k in Carey Park. Geraldton is active off a low base, underpinned by tight rentals. Karratha shows urgency, strong rents and record sales amid iron ore strength, while Port Hedland has high turnover but minimal value growth. In Broome, demand favours smaller modern low-maintenance homes, and it’s noted as the shakier market.

Trent Fleskens and valuer Brendon Ptolomey discuss how recent global uncertainty and policy noise may be affecting Perth’s property market, balancing qualitative sentiment with key data. They note buyer caution and fewer offers per listing, but argue conditions remain strong given demand of roughly 800 sales a week, historically low listings under 4,000, and chronic undersupply driven by population growth and high immigration. They cover interest rates as “middle ground,” cost-of-living and construction inflation, and the risk of vendors holding unrealistic price expectations after rapid recent growth. Brendon suggests most owner-occupiers should stick to their plans if they can afford them, while warning against speculative buying, and concludes that supply constraints make negative price growth unlikely, though growth may moderate.

Host Trent Kins spotlights Mount Hawthorne and interviews Hamish Laidlaw, director at Acton Bell, about Perth’s post-Easter market conditions (stock in the 3,000s, median near $1m, days on market around nine) and the Cook government’s apartment finance underwriting policy. Laidlaw compares Melbourne’s auction-centric, four-week campaigns and unconditional buying culture with Perth’s FOMO-driven private treaty environment, explaining how auctions can condition sellers in softer markets but aren’t currently ideal in Perth. They discuss tactics for buying in Melbourne (including post-auction negotiation) and in Mount Hawthorne, where buyers split between entry-level character homes around $1.6–$1.7m and “forever homes” in the high $2m range, often funded by local equity. Laidlaw suggests stronger terms like removing finance clauses and offering rent-back options, and names Matlock (and The Boulevard) as his favorite streets.

In this episode, Trent Fleskens interviews West Perth apartment specialist Richard Self, who says the market has stayed fast, with West Perth’s median unit price rising from about $580,000 in Oct 2024 to $714,000, and typical two-bedroom apartments now starting around $700,000. Buyer demand is broad—downsizers, investors, tenants turning buyers, and first home buyers (often with parental help and the 5% deposit scheme)—but first home buyers are increasingly priced out, worsened by the $500,000 stamp duty threshold. Self cites extreme competition (120+ groups and 18 offers) and record sales, minimal valuation or finance issues, about 30% cash-type buyers, and expects future amenity from the Princess Margaret Hospital precinct to support West Perth.

Trent Fleskens interviews Craig Hyne from Country Values about property and land trends in Gingin (population just over 800) and nearby towns like Bindoon, Guilderton and Lancelin. Craig outlines Gingin’s farming and horticulture roots, limited housing construction for decades, and the impact of the new Brookview Estate (107 residential lots plus a commercial area) near the town centre. Blocks that once sold for $100–$120k rose from about $149k in late 2023 to around $225k by the final stage, while the 12‑month median house price is about $630k, up from roughly $450k pre‑COVID, with scarce listings and examples of sharp resale gains. Buyers include metro downsizers, FIFO workers and investors, with growing in-migration and demand for further land supply; Craig also notes strong uptake in South Lancelin, with many eastern states investors.

Host, Trent Fleskens, notes Perth listings have finally topped 3,000 after 17 weeks, though the market remains in chronic undersupply; a recent rate rise linked to Strait of Hormuz tensions is expected to slow, not stop, Perth growth due to relatively better affordability than Sydney. He’s joined by Carlisle’s long-time top agent Matthew Jones to review the suburb’s transformation since 2019, with the median rising from about $505,000 to $923,000 and larger family homes and land-heavy sites driving outsized gains. They discuss Carlisle’s location and transport advantages, school options, price differences within the suburb, shifting buyer mix (including owner-occupiers, first home buyers and investors), limited East-coast investor influence locally, renewed development-site sales, and how the 5% scheme briefly lifted the price floor.