Good explanation of fundamentals. I put mine for sale above the comparate price sold. I am happy to hold for next 6-12 months if I don't get my price.
@investorkit5 ай бұрын
appreciate it! wishing you the best with the campaign ahead.
@antpoo5 ай бұрын
‘Your price’ will only set the new base price for all other houses. What’s the point of selling.
@AA.AA.399Ай бұрын
The government is planning to create Perth as big as Sydney and Melbourne in short period of time. Thats why it is good to invest in Perth😊
@matthewkelly41075 ай бұрын
Straight facts, low sales pitch. Pleasently surprised by the depth shown in this vid. Townsville running hot but have a look at the major projects coming through.
@investorkit5 ай бұрын
Thank you and really appreciate it! Townsville is definitely doing its thing. I’d personally purchased there in 2022 and team members in our research team did so too. We’d purchased for many clients seeing the signs of Townsville and produced many research papers on it. Here’s our detailed research on it too from some years back www.investorkit.com.au/blog/real-estate-investment-in-far-north-queensland-its-past-present-and-future/
@matthewkelly41075 ай бұрын
Ok that's pretty impressive
@Peter-ww9bw5 ай бұрын
Townsville has a strong housing and population growth for at least 15 years that I know of
@investorkit5 ай бұрын
Townsville looking great Peter!
@Peter-ww9bw5 ай бұрын
@@investorkit not as good as Magnetic island
@antpoo5 ай бұрын
In order to tap housing equity, you have to pay the high interest rates. You want to downsize? The entry level houses are the most hotly contested housing market where after paying off the govt, you then have to overpay for the downsized property and then pay your sky high stamp duty. The higher house prices go, the poorer we all get, Surely everyone realised this.
@investorkit5 ай бұрын
Under supplied for rent, construction and for sale. It’s the large undersupply on all angles making things grow to new heights.
@vbhatti095 ай бұрын
Thanks for the lovely video, Arjun. Do you think, that a significant downturn in China economy in 2024 affect the economy of Perth?
@investorkit5 ай бұрын
Welcome my friend! It will impact it but not enough to shake off current strength in the housing completely. Reason being, one indicator alone can’t control it all. It would need to be years of weakness, followed by unemployment increases, combined with an over stimulation of constructions supply, collapsing rents, negative migration or substantially reduced, established houses and rentals increasing at volume. Can that play a factor in other indicators showing? Ofcourse. But until all that occurs together no one indicator in one year can break it apart in my opinion. All these occurring together was what happened in the last bust. So until all things happen together growth continues. Hope this helps and gives you all the indicators to see.
@paliseproperty5 ай бұрын
Great video Arjun
@investorkit5 ай бұрын
Cheers my friend!
@XinhLe5 ай бұрын
Lots of mining job cutting in WA starting this year causes uncertainty.
@shelby66225 ай бұрын
Yet there's still a skills shortage, so what you're saying doesn't make much sense. I'm in the mining industry so I have some idea of what I'm talking about.
@investorkit5 ай бұрын
Absolutely there will always be that volatility, however it will always come down to review of all factors and each investors risk appetite
@odgers694 ай бұрын
... any insight into the future $ of Iron Ore?
@jasjas65613 ай бұрын
Very objective and biased opinion, without data support. what he described in Adelaide is exactly the same as happening in WA, so why Perth has passed the peak but Adaleide still has room to grow??? 😂
@investorkit3 ай бұрын
What’s biased about this opinion? This video says Perth is growing well and it clearly is. Also how is it without data support? This video isn’t anything else but data with charts and interpretation of those charts throughout. The outcome of the video is Perth is growing really well. I’m not sure if you watched the video in full.
@JohnSmith-sj2dk5 ай бұрын
China has huge stores of Iron ore, other mines around the world are springing up, China is slowing rapidly - headwinds ahead.
@investorkit5 ай бұрын
This plays a part and is a risk, however will need to look at it all holistically. Remaining economic environment and overall housing supply.