409- Cannington Suburb Spotlight ft. Cameron Smart

On the Perth Property Show, host Trent Fleskens previews an RBA meeting he fears will bring another rate rise and outlines a softer, choppier Perth market: weekly sales have fallen to about 650 from 800–900 in prior years, new listings sit near 800 a week, and stock on market is rising into the low-to-mid 7,000s. Guest Cam Smart (Ray White Cannington) says buyer inquiry and home open attendance are down more than 50% since budget day, with good homes still attracting competition while overpriced listings are being quickly “found out.” They discuss auctions as a transparency tool, with Cam citing his own results that most passed-in auctions later receive offers, and that auctions can improve unconditional sale rates by day 30–90. The conversation covers shifting buyer criteria, a rise in local investor activity, tenant and access issues affecting presentation, and rental pressure from regulation and affordability, with both stressing realistic pricing and honest agent advice.