Asciential Insights SEPTEMBER 2024

In this edition

A bouquet
SQM Asking Prices & Rents Indexes
Perth continues to fly
Proptrack Home Price Index results - August 2024
Off the property track...

A bouquet

I am thrilled to share a heartfelt message from one of my longest-standing clients, Dave. His words of appreciation and success in achieving his retirement goals are a testament to the power of informed property investment.

It has been an honor to guide Dave and Dawn on their journey, and I hope their story inspires you as much as it has inspired me...

Hello Peter. I would like to express my sincere appreciation and thanks to you for the assistance you have given Dawn and I in our retirement journey. We will shortly be selling one of our properties to payout some of our debts along with another property to follow suit the following year. This will allow us to achieve our retirement financial goals just as you predicted. The teaching and information you have shared with us over this time has allowed us to take the positive steps to our retirement. Please continue with your life changing education and share these comments with others as you feel led. We are testament to the success and achievements possible with your invaluable experience. Thank you once again. Kind regards, Dave

To find out how to do what David & Dawn did

Click HERE and ask Peter.

SQM Asking Prices & Rents Indexes

SQM's Asking Price Index shows that, of the big 4 capitals, Perth continues to lead the way with an annual % change that is 5 times that of Sydney and Melbourne, and considerably higher than Brisbane, while the rent increases in Perth are nearly double that of the other three.

Perth continues to fly

Perth continues to be Australia’s hottest property market. Over the past year, prices have surged by 22%, and an impressive 60% over the last four years. Homes are selling at record speeds, with an average of just eight days on the market, and vacancy rates falling to just 0.5%. With supply constraints, affordability, and a robust economy fueling this growth, Perth’s property market shows no signs of slowing down.

This article from PIPA (Property Investment Professionals Australia) provides useful insights.