New to Property Chat - Perth Buyer's Agents

Discussion in 'Introductions' started by Matthew Hughes, 22nd Nov, 2017.

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  1. Matthew Hughes

    Matthew Hughes Active Member

    Joined:
    4th Nov, 2016
    Posts:
    29
    Location:
    Perth, Western Australia
    Hi everyone!

    I was encouraged heavily by a number of people to join this community. Looking forward to engaging with you all and hopefully contributing something of value from time to time, specifically to do with the Perth market where we operate as buyer's agents and subdivision/development consultants and project managers.

    Matt
     
    Perthguy likes this.
  2. RS Gumby

    RS Gumby Well-Known Member

    Joined:
    1st Apr, 2016
    Posts:
    217
    Location:
    victoria
    Welcome aboard Matthew
     
  3. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

    Joined:
    18th Jun, 2015
    Posts:
    5,517
    Location:
    Perth WA
    Welcome Matthew!
     
  4. Ross Forrester

    Ross Forrester Well-Known Member Business Member

    Joined:
    30th Oct, 2016
    Posts:
    1,707
    Location:
    Perth, Western Australia
    Welcome @Matthew Hughes

    Great to have another Perthite on board and your local knowledge will be valuable to the forum.
     
  5. Matthew Hughes

    Matthew Hughes Active Member

    Joined:
    4th Nov, 2016
    Posts:
    29
    Location:
    Perth, Western Australia
    Thanks team :)
     
  6. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

    Joined:
    18th Jun, 2015
    Posts:
    5,006
    Location:
    Melbourne, Nationwide
    Hi @Matthew Hughes

    I think a lot of people are looking at the Perth market, wondering if it's nearing the bottom. What's your take on this?
     
    legallyblonde likes this.
  7. Matthew Hughes

    Matthew Hughes Active Member

    Joined:
    4th Nov, 2016
    Posts:
    29
    Location:
    Perth, Western Australia
    Hi @Peter_Tersteeg

    Thanks for your comment Peter. The view here on the West Coast is that we are certainly feeling an economic shift in the right direction with recent reports showing WA is the most improved market for new cars in Australia, we are seeing an increase in spend with the lead up to Christmas, an increase in state jobs, as well as the property market now seeing signs of stabilising. I believe we are through the worst of it and have seen the bottom of the Perth market (well and truly). Interestingly, we are also starting to see East Coast investors turn their attention now towards the Perth market with the east coast markets indicating a change in cycle. Feel free to contact me with any questions, happy to give a West Coast perspective.
     
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  8. PMC Property

    PMC Property Sydney, Brisbane, Newcastle, Toowoomba Business Member

    Joined:
    1st Jul, 2015
    Posts:
    1,192
    Location:
    Australia
    I think @Matthew Hughes and I can both confirm that the suburbs up to the north at least are definitely on the improve! Matt has just acted for me as a Buyer's Agent in Perth (and has done an absolutely phenomenal job) but I was surprised at the level of competition compared to even a few months ago when I first started doing some research.

    We got a great result in the end but I wouldn't say it's a buyer's market anymore in a lot of those areas. Having said that, it's no Sydney boom yet and there is obviously plenty of upside to be had but we found that investment grade properties are going under contract within days in some cases.
     
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  9. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

    Joined:
    18th Jun, 2015
    Posts:
    5,517
    Location:
    Perth WA
    It's interesting - even up north in Port Hedland, there's big competition for properties up there. I've got a couple of clients buying OO up there, and the opens are full, with multiple offers going in. Nice to hear some positive reports finally! :)
     
    Matthew Hughes likes this.
  10. Angad Singh

    Angad Singh Well-Known Member

    Joined:
    18th Apr, 2017
    Posts:
    75
    Location:
    Perth Western Australia
    Hi @Matthew Hughes,

    Jess Anderson from Everest Legal put us in touch a little while ago!

    Great to see you on here!

    Welcome to the forums, and look forward to catching up soon:)

    Warm Regards,
    Angad Singh
     
    Matthew Hughes likes this.