Jul 13, 2026 · 17 min · 11 segments
It's a new financial year so we pulled Shane in for his read on where the Perth market is sitting. His take? The market hasn't crashed, it's corrected, and that's a healthier place to be. What you'll…
Shane BeaumontHost
Jess DonnellyHost
A lot of owners who, let's just say you paid $420,000 in 2024. and you're reading about it, you're hearing the market change and the budget comes, then you've got obviously interest rate rises, cost of living, all these things have been thrown at you.
And you're looking and saying, I probably could have got 920 and now I'm getting 850, just for example.
So you've almost got to think, if you bought it at 420, would I take 850? Not many people in three years would say, no, I won't.
But it's really important that you stop sort of comparing to back at that 57 degree day and enjoy the temperature as it is now.
Because unlike a lot of the country, if I look at Sydney or Melbourne, probably like we were in 2018, To bridge the gap between getting a deal done, a seller can sell because they don't own more than what the property's worth, that negative equity situation.
This isn't about Haven, but amongst all the noise, we had basically a high clearance rate than what we listed last month.
So And I know a lot of offices, great offices across Perth, they're still getting great results.
But the reality is in the snapshot of where it is right now, any owner would take that growth if they were told when they purchased what it would be worth.
What we are going to continue to see is less panic, more logic, which is fine.
A lot of owners who, let's just say you paid $420,000 in 2024. and you're reading about it, you're hearing the market change and the budget comes, then you've got obviously interest rate rises, cost of living, all these things have been thrown at you.
And you're looking and saying, I probably could have got 920 and now I'm getting 850, just for example.
So you've almost got to think, if you bought it at 420, would I take 850? Not many people in three years would say, no, I won't.
But it's really important that you stop sort of comparing to back at that 57 degree day and enjoy the temperature as it is now.
Because unlike a lot of the country, if I look at Sydney or Melbourne, probably like we were in 2018, To bridge the gap between getting a deal done, a seller can sell because they don't own more than what the property's worth, that negative equity situation.
This isn't about Haven, but amongst all the noise, we had basically a high clearance rate than what we listed last month.
So And I know a lot of offices, great offices across Perth, they're still getting great results.
But the reality is in the snapshot of where it is right now, any owner would take that growth if they were told when they purchased what it would be worth.
What we are going to continue to see is less panic, more logic, which is fine.
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