03/11/2026
Picture a supermarket on Black Friday.
Half-empty shelves. Massive queues. People grabbing anything just because someone else is reaching for it.
That was the Perth property market six months ago.
Buyers rushing into anything available. Good or bad. Wrong location. Wrong price. Did not matter.
FOMO drowned everything out.
Then the shelves got restocked.
More properties. Less competition. More room to negotiate. Motivated sellers.
The supermarket is now fully stocked and the queues are gone.
And buyers walked out.
Waiting for prices to drop further before they come back.
I have tried to make sense of this. I genuinely cannot.
Less competition is not a warning sign. It is an invitation.
If you are ready to shop properly, send me a message.
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