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Home > The Perth Property Show > 385 - Perth Apartments Update ft. Richard Self
Podcast: The Perth Property Show
Episode:

385 - Perth Apartments Update ft. Richard Self
Category: Business
Duration: 00:28:41
Publish Date: 2026-04-12 23:00:00
Description:

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.
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