Momentum Wealth

Congratulations to Bayley on his successful property acquisition facilitated by our property acquisitions specialist, Luke Jones. Luke assisted his client in purchasing a large three-bedroom home on a 700m² block with R20/40 zoning, located 22 km north of the CBD. This off-market opportunity arose when an agent sought a quick and efficient sale while pursuing another property. Thanks to Luke's negotiation skills, Bayley secured the property for a great price. We take pride in guiding our clients through every step of the property acquisition process, ensuring they make informed and strategic decisions. #perthpropertymarket #2024propertymarket #competitivemarket #realestatetrends #startyourjourneytoday #perthrealestate #perthhomes #propertyperth

Economic & Perth Residential Market Update // As we wrap up the September quarter, many economic and housing market trends continue on their current path, though some are showing significant shifts. Despite high interest rates and government efforts to increase housing availability, a national shortage persists, intensifying competition in many parts of the country. Read our analysis of Australia’s key economic drivers and the residential property market’s performance during the September 2024 quarter in our latest report. Access the report online at: https://lnkd.in/e_92viqR

Monthly Wrap with Damian Collins // Perth’s property values continued to rise. There was a modest increase in listings and the average days to sell extended slightly. In the rental market, median house and unit prices remained unchanged. We also saw a rise in housing loans across Australia. #perthproperty #perthpropertymarket #propertyinvestors #perthrealestate #propertyinvestment #perthpropertymanagement #realestateinvesting #perthpropertynews #perthhomes #propertyperth

We’re pleased to share that our finance team has been selected as a finalist for the Brokerage of the Year (> 5 Brokers) award at the 2024 Connective Excellence Awards! Congratulations to the team, and we extend our sincere thanks to our wonderful clients for their continued support.

Residential rents have stablised in Perth in the last few months according to REIWA statistics. While supply is still very low, at least rents are stabilising. Our team at Momentum Wealth recently did some analysis as to why rents have stablised. One of the key factors has been the uptick in demand from investors, which means more rental supply. Investors now compromise around 40% of all new monthly loan commitments in WA, after being as low as 17% in 2021 (see the graph below). Overall monthly loan demand has risen, with owner occupied loans over $2 billion and investment loans just under $1.5 billion. It's all pretty simple maths. More demand from investors means more rental supply and in this case at least, a stabilisation of rents. The only way to keep rents lower is to have more investors and more investment properties.

We're excited to announce that our finance team achieved several significant milestones this week. Following a record-breaking quarter, this week they have successfully settled over 5,000 loans, totalling an impressive $2 billion in settlements! This achievement is a testament to our team's dedication and success over the years, as well as our commitment to helping our clients reach their property goals.

Ready to kickstart your property investment journey? Discover Property Investment Roadmap – How to build an income from property for life by Damian Collins! This essential guide provides the foundation and confidence you need to build your portfolio. Don’t just take our word for it – check out what others are saying about this must-read book! Start your journey today! https://amzn.to/3XMurfX #propertyinvestment #realestateinvesting #books #book #booksofinstagram #bookstagram #bookish #bookstagrammer #finance #investing #investment #financialfreedom #realestate #property #propertyinvestor #realestateinvestment #realestateinvestors

Property investors in Australia can select from a wide range of different properties. But with each carrying different benefits and drawbacks, how do you know what is the best type of investment property for you? In this article our experts share three key questions you need to ask yourself. Find the out more via the link below: https://bit.ly/3Bi9Ybh

Congratulations to our client, Bronte, on becoming a homeowner! After a year of searching in the competitive Perth market, Bronte faced significant challenges, including multiple missed opportunities and difficulty finding properties suited to her needs. Recognising the need for expert guidance, she turned to Momentum Wealth. Our finance and buyer’s agency teams provided a tailored approach, quickly identifying potential properties and developing a strategic plan to ensure her offer stood out. Thanks to our property acquisition specialist, Henna Gupta Thareja, and her strong industry connections and effective negotiation strategies, we successfully secured Bronte's dream home, despite competing cash offers. Bronte is now a proud homeowner and emphasised the importance of having a trusted advisor throughout this journey, which made all the difference in navigating the complexities of the market.

We’re delighted to announce that three of our team have been selected as finalists for the 2024 REIWA Awards for Excellence! Robin Ram: Operational Leadership Award Sebastien How: Business Development Manager of the Year Karen Carroll: Buyer’s Agent of the Year This recognition reflects their dedication and commitment to excellence in the real estate industry. Thank you to our clients for their continued support as we strive to deliver exceptional service.