In today’s report I have a gold mine of information for you on Perth’s land cycle. And although I’ve written about the WA market in previous reports, I believe the data, and interview, I bring you in today’s report, is going to break new ground in understanding WA’s land cycle.
I want to highlight the information, as I probably get more questions on WA than any other state.
It’s a unique market - closer to Indonesia, than it is to Sydney. It has significant exposure to Asia’s economy. And further, WA’s cycle doesn’t really run in an 18-year boom/bust pattern.
WA historically booms and busts based on investment into the mining industry, with a resource sector currently worth over $238 billion.
Therefore, while WA will have a natural swing down at the end of an 18-year land cycle due to the financial banking crisis – we’ve seen it buck the trend of the eastern capitals. It can continue to attract population growth and investment, while Sydney and Melbourne – and indeed global capital city markets, are crashing.
We don’t have to cast too far back for an example.
It did this at the peak of the last land cycle – pushing past an initial dip into the 2008 GFC (global financial crisis), to reach a 2013/14 median house price peak.
This leads to many subscribers wanting to know,
a) Will Perth’s land cycle soar past the 2026 peak as it did in 2008?
b) If so, what date will the Perth median market peak come?
c) How high can Perth’s median property prices go before we get there?
d) Is it too late to buy in and speculate?
e) Where and what do you buy if you want to advantage?
Today’s report is going to answer ALL of these questions.