The Perth Property Show

Hosted by The Perth Property Show

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394

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Jun 2026

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About the show

Australia’s only property podcast by West Australian experts for West Australian listeners! Catch your new episode Monday morning @ 7am! Trent Fleskens is the Managing Director of https://www.strategicpropertygroup.com.au, https://www.strategicmortgagesperth.com.au, and https://www.strategicsettlements.com.au

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June 14, 2026Episode 39422 min

934- Kewdale Suburb Update ft. Devon Kelly

Host Trent Fleskens welcomes Devon Kelly back to the Perth Property Show for an updated suburb spotlight on Kewdale, revisiting their January 2020 episode and how the market has changed since. Devin shares personal history growing up in Kewdale and highlights Tomato Lake, the evolution of Kewdale High School into the Australian Islamic College, and differing precincts around the suburb. They discuss how Kewdale’s median has shifted from around $430,000 for a 3x1 in 2020 to roughly $1.1–$1.2 million today, pricing out many first-home buyers and attracting more second-home buyers and investors. Devin outlines current development activity, new townhouse and apartment pricing, buyer turnout fluctuations tied to news events, rising days on market, and forecasts Kewdale could reach about $1.25 million within 12 months.

June 7, 2026Episode 39323 min

393- State and Federal Budget Policies Update ft. Tanya Steinbeck

Host Trent Fleskens welcomes UDIA WA CEO Tanya Steinbeck to discuss how recent state and federal budget policies will (or won’t) improve WA housing supply, separating meaningful initiatives from headline “pretend policies” and potential negative market impacts. Trent notes Perth listings have risen to around 5,000 but remain more than 50% below a balanced market, keeping sellers in control. They argue that while large infrastructure spending is welcome, the key constraint is workforce and delivery capacity, with competition from mining and the need for targeted skilled migration alongside apprenticeships. They highlight the Infrastructure Development Fund and Keystart’s pre-sale finance guarantee as important for apartment feasibility, criticise stamp duty as an inefficient tax (especially for first home buyers), and caution that federal negative gearing/CGT changes may shift investor demand toward new supply without increasing overall supply. They conclude delivery depends on improving approval culture and bureaucracy.

May 31, 2026Episode 39546 min

392- Perth Property Investment ft. Lachlan Delahunty

Host Trent Fleskens and guest Lachlan Delahunty discuss current Perth market conditions, discussing recent “noise” from media and federal budget changes is short-lived compared to slow-moving fundamentals. They note Perth is still growing at roughly 1% per month with around 5,000 listings versus a balanced 13,000, keeping sellers in control despite fewer home open attendees and offers. The biggest constraint is interest-rate-driven serviceability, with some investor deals falling over due to negative gearing changes in bank assessments, reshaping investor behaviour toward new builds and infill. They warn against spruiker-led outer-suburban/off-the-plan and SMSF pitches, and highlight Perth’s strong population growth and supply shortages. Strategies discussed include value-add subdivision/infill development, syndication for larger sites, and the “accidental landlord” approach to upgrading while keeping and renting an existing home.

May 24, 2026Episode 39426 min

391 - Capital Gains & Negative Gearing Budget Review ft. Carlo Bordi

Host Trent Fleskens and tax accountant Carlo Baudi unpack proposed budget changes affecting property investors, stressing they are not yet legislated. They explain the shift from the 50% CGT discount toward inflation indexation from 1 July 2027, with gains before that date effectively grandfathered and calculated via ATO pro‑rating or a 30 June 2027 market valuation. They highlight a new minimum 30% tax on capital gains and trust distributions, which they argue hits lower-income earners harder and reduces the benefits of trusts. On negative gearing, they discuss restricting deductions to new builds while grandfathering existing holdings, potentially diverting investment to house-and-land and apartments, reducing rentals in established suburbs, and lowering borrowing capacity. They suggest reviewing structures (personal vs company) and seeking tailored accounting advice.

May 17, 2026Episode 39322 min

390 - Dianella Suburb Update ft. Daniella Sparta

Host Trent Fleskens interviews local agent Daniella Sparta for a Dianella suburb update, describing a noisy May 2026 backdrop (war, fuel prices, interest rates) but continued demand in Perth despite listings still below 5,000 and about 800 sales a week. They break Dianella into distinct pockets from St Andrews Estate’s multi‑million‑dollar homes to villas and units, noting recent sales from about $850k–$886k at the lower end to $1.75m and above, including older large homes near $1.95m and a first $3m sale. Home open attendance remains strong, but offers are fewer as affordability tightens and sellers’ expectations rise, suggesting a likely six‑month breather rather than price falls. They discuss why locals sell (downsizing/aged care), a $1.2m median after 22% growth, limited cash buyers, proposed development near Dianella Drive, and Dianella Plaza’s underwhelming retail.

May 10, 2026Episode 39231 min

389 - Bayswater Suburb Update ft. Nic Pulvirenti

Host Trent Fleskens interviews Bayswater agent Nick Pulvirenti on the suburb’s rapid growth and changing buyer mix. Bayswater’s median rose 23% last year (about $1.2m), with stronger gains in more affordable strata stock as first-home buyers use affordability schemes; two‑bed, one‑bath units in a once-avoided King William Street complex now sell in the $600s. Detached character homes are increasingly bought by owner-occupier professionals in their 30s–40s, often with family support, while the investor share (previously dominated by East Coast buyers) has eased as many cash out. Home opens remain strong in good locations but FOMO has softened since pre‑Christmas, with more buyer hesitancy and seller price expectations causing properties to take a few home opens to sell. They discuss common reasons for selling (upsizing, downsizing, cashing in), development around the upgraded Bayswater station, rear blocks around $500k, and a current local ceiling near $2.5m on the river.

May 3, 2026Episode 39117 min

388 - WA Regional Property Market Update May26 ft. Brendon Ptolomey

On the Perth Property Show, Trent Fleskens and Brendon Ptolomey provide a WA regional market update based on HTW travel and valuation work across the state. Kalgoorlie remains strong with local and investor demand, resilient values despite new supply, and support from gold and lithium. Albany/Denmark are undersupplied, with short-stay returns and lifestyle migration keeping pressure on rentals and prices amid construction constraints. Dunsborough’s $2–$4m holiday segment is still healthy but less frenetic, driven by Perth wealth, with no signs of forced selling. Bunbury remains a value alternative to Perth, with typical prices around $500k in Withers and $600k–$700k in Carey Park. Geraldton is active off a low base, underpinned by tight rentals. Karratha shows urgency, strong rents and record sales amid iron ore strength, while Port Hedland has high turnover but minimal value growth. In Broome, demand favours smaller modern low-maintenance homes, and it’s noted as the shakier market.

April 27, 2026Episode 39035 min

387 - Perth Property Market Update Apr26 ft. Brendon Ptolomey

Trent Fleskens and valuer Brendon Ptolomey discuss how recent global uncertainty and policy noise may be affecting Perth’s property market, balancing qualitative sentiment with key data. They note buyer caution and fewer offers per listing, but argue conditions remain strong given demand of roughly 800 sales a week, historically low listings under 4,000, and chronic undersupply driven by population growth and high immigration. They cover interest rates as “middle ground,” cost-of-living and construction inflation, and the risk of vendors holding unrealistic price expectations after rapid recent growth. Brendon suggests most owner-occupiers should stick to their plans if they can afford them, while warning against speculative buying, and concludes that supply constraints make negative price growth unlikely, though growth may moderate.

April 19, 2026Episode 38929 min

386 - Buying In Melbourne & Mt Hawthorn Suburb Update ft. Hamish Laidlaw

Host Trent Kins spotlights Mount Hawthorne and interviews Hamish Laidlaw, director at Acton Bell, about Perth’s post-Easter market conditions (stock in the 3,000s, median near $1m, days on market around nine) and the Cook government’s apartment finance underwriting policy. Laidlaw compares Melbourne’s auction-centric, four-week campaigns and unconditional buying culture with Perth’s FOMO-driven private treaty environment, explaining how auctions can condition sellers in softer markets but aren’t currently ideal in Perth. They discuss tactics for buying in Melbourne (including post-auction negotiation) and in Mount Hawthorne, where buyers split between entry-level character homes around $1.6–$1.7m and “forever homes” in the high $2m range, often funded by local equity. Laidlaw suggests stronger terms like removing finance clauses and offering rent-back options, and names Matlock (and The Boulevard) as his favorite streets.

April 12, 2026Episode 38828 min

385 - Perth Apartments Update ft. Richard Self

In this episode, Trent Fleskens interviews West Perth apartment specialist Richard Self, who says the market has stayed fast, with West Perth’s median unit price rising from about $580,000 in Oct 2024 to $714,000, and typical two-bedroom apartments now starting around $700,000. Buyer demand is broad—downsizers, investors, tenants turning buyers, and first home buyers (often with parental help and the 5% deposit scheme)—but first home buyers are increasingly priced out, worsened by the $500,000 stamp duty threshold. Self cites extreme competition (120+ groups and 18 offers) and record sales, minimal valuation or finance issues, about 30% cash-type buyers, and expects future amenity from the Princess Margaret Hospital precinct to support West Perth.