Personally I believe with the reduction of the WA FHB grant, combined with the ongoing lender tightening on RIP servicing etc, on top of the massive recent increases in land tax in the State Budget will mean that certain FHB / RIP suburbs will get hit pretty hard yet.
I know a lot of people leaving Perth and I don't see a lot of newcomers either - but that could just be a result of the limitations of my own network. The only trend going against this is lower IRs (not insignificant but I'm not sure it will be enough).
I've got enough at stake in this market already to watch and wait a little longer before loading up.
I know a lot of people leaving Perth and I don't see a lot of newcomers either - but that could just be a result of the limitations of my own network. The only trend going against this is lower IRs (not insignificant but I'm not sure it will be enough).
I've got enough at stake in this market already to watch and wait a little longer before loading up.