Selling With Stephen Lundy

Crazy weekend on the roads! I seen multiple crashes was in one of them and then this bloke in his Ute or not his Ute getting chased by a chopper finally got caught right in front of us jumped over the roof of his car to get away with about 15 or so police cars chasing him he had no chance.

Two appraisals today! The wheat belt likes me and I like the wheat belt. Be interesting to see if one comes in? Super excited if one or both do.

🏡 PERTH MARKET SNAPSHOT | Week Ending 27 September 2026

The latest official REIWA figures are in — and this week tells an important story for Perth sellers.

🏠 631 property sales — broadly steady, down about 0.6% from the 635 used in last week’s snapshot
🏡 493 house sales
🏢 112 unit sales
🌱 26 land sales
📍 7,804 properties for sale
🔑 1,909 rental listings

REIWA’s current snapshot also shows sales at 609 four weeks ago and 850 in the same week last year. The busiest sales suburbs include Alkimos and Rockingham with 11 sales each, followed by Gosnells with 10.

Here’s what sellers need to understand. 🎯

Buyer activity hasn’t disappeared — but choice has increased.

When buyers have more properties to compare, you cannot afford to look like everybody else.

✨ Presentation gets you noticed.
💰 Pricing creates urgency.
🔥 A strong sales process creates competition.

The properties that are positioned correctly are the ones that give buyers a reason to act rather than keep scrolling.

Thinking about selling? Let’s talk about how to make your property the one buyers compete for.

📞 Stephen Lundy | 0413 051 173
Director & Licensee
God’s Property Group

Source: REIWA Perth Market Insights — week ending 27 September 2026.

Then and now 26/09/2025 and 26/09/2026. One of the years was more fun if you can tell? The family is safe and we all walked away so did the other driver “thanking God in all things.”
Also thanks to all the people that stopped and helped especially Luke Napier and Margs Gokavi for getting us and all our things to the hospital and home.

🏡 WILL FALLING HOUSE PRICES ACTUALLY MAKE HOMES MORE AFFORDABLE?

There is plenty of discussion about property prices potentially softening—but affordability is about much more than the sale price.

⏪ THE PAST

When interest rates were extremely low, buyers could borrow more and repayments were cheaper. This helped drive strong competition and rapidly rising property prices.

📍 THE PRESENT

Buyers are now dealing with a difficult combination:

🔹 Higher property prices
🔹 Higher mortgage repayments
🔹 Increased living costs
🔹 Tighter borrowing limits
🔹 Strong rental demand and limited housing supply

This means that even if a property’s price drops, it may not become more affordable if interest rates remain high or a buyer’s borrowing capacity falls.

🔮 THE 2027 OUTLOOK

Some forecasts suggest that parts of Australia could experience price corrections, while supply shortages may continue supporting values in stronger markets such as Perth.

The important point is that nobody can guarantee exactly what prices will do.

By 2027, affordability will depend on several factors working together:

✅ Property prices
✅ Interest rates
✅ Household incomes
✅ Housing supply
✅ Population growth
✅ Construction costs
✅ Banks’ lending policies

A 5% reduction in price can quickly be cancelled out by higher interest costs. On the other hand, stable prices combined with improving incomes or lower repayments could make buying easier.

The real question isn’t simply:

“Will house prices fall?”

It is:

“What will the property cost me each month—and can I comfortably afford it?”

For buyers, waiting for the “perfect market” can carry its own risks. For sellers, correct pricing, presentation and a strong sales process become even more important as conditions change.

If you’re considering buying or selling and would like an honest discussion about your position, please feel free to contact me.

Stephen Lundy
Director & Licensee | God’s Property Group
RA84764

📞 Phone: 0413 051 173
✉️ Email: [email protected]

“Every property is treated like it’s God’s!”

🏡 PERTH MARKET SNAPSHOT | Week Ending 13 September 2026

A new REIWA weekly snapshot has been released, and there’s a noticeable shift sellers should be watching.

📊 600 sales — down 12.4% week-on-week
🏠 7,565 properties for sale
🔑 2,029 rental listings
🏆 Highest sale: Mundaring — $2.40 million
📍 Lowest sale: Crawley — $400,000

REIWA says available stock increased 2.9% in just one week, while sales activity pulled back. That means buyers are starting to see more choice.

For sellers, this is where strategy becomes even more important. 🎯

✨ Presentation gets attention.
💰 Pricing creates competition.
🤝 The sales process turns that competition into a result.

A changing market doesn’t mean opportunity disappears — it means you need to position your property correctly from day one.

If you’re considering selling, let’s talk about where your property sits in today’s Perth market and how I’d position it to compete.

📞 Stephen Lundy | 0413 051 173
Director & Licensee
God’s Property Group

Source: REIWA Perth Weekly Market Snapshot, published 14 September 2026.

Who knew shopping could be so fun?