# 385 - Perth Apartments Update ft. Richard Self

Page: https://stenobird.com/podcast/the-perth-property-show-1154125/385-perth-apartments-update-ft-richard-self
Text version: https://stenobird.com/podcast/the-perth-property-show-1154125/385-perth-apartments-update-ft-richard-self.md
Podcast: [The Perth Property Show](https://stenobird.com/podcast/the-perth-property-show-1154125)
Published: 2026-04-12T23:00:00+00:00
Episode link: https://theperthpropertyshow.podbean.com/e/385-perth-apartments-update-ft-richard-self/
Audio file: https://mcdn.podbean.com/mf/web/ngqz78k9pcvjisbj/385_-_Richard_Self1ad6z6.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-perth-property-show-1154125/episodes/385-perth-apartments-update-ft-richard-self
Duration seconds: 1721

## Resource

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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## Transcript

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