410- Duncraig Suburb Spotlight ft. Chris Jones

Host Trent Fleskens welcomes Chris Jones from Davey Real Estate to discuss Perth’s September market and a detailed update on Duncraig, a blue-chip, largely owner-occupied suburb that historically shows strong downside protection. They compare 2018’s $690,000 median with today’s roughly $1.5 million, noting recent years’ rapid growth and how sentiment shifted after the budget announcement: home open numbers fell (30–50 down to ~15), offers briefly dropped to zero, and days on market stretched from about six days to weeks, though multiple-offer scenarios have begun returning in recent weeks. They discuss increased buyer selectiveness, opportunistic low offers, more subject-to-sale contracts, and the importance of experienced local agents in a slowing market. Zoning, demand for downsizing duplex lots, school-catchment dynamics, and new amenities (including Glengarry Shops’ redevelopment) are highlighted, with a view that supply may tighten again after New Year due to ongoing demand.