In this episode, Tony, Catherine and special guest Gioia Di Masi, finance broker and owner of Oui Finance delve into the topic of rising interest rates in 2023. They also discuss its implications for the Perth property market. As interest rates play a pivotal role in the real estate industry, it is crucial to understand their influence on property values, buyer behavior, and overall market dynamics.
In conclusion, this podcast episode will provide an insightful analysis of the rising interest rates in 2023 and their implications for the Perth property market. By understanding the impact of interest rates on mortgage affordability, investor behavior, and market dynamics, listeners will gain valuable insights into the potential opportunities and challenges that lie ahead.
In this episode:
- Gioia’s background and Oui Finance
- Being transparent and upfront with financial details
- On Interest Rates, Living and Rental expenses.
- On median house prices and average household income
- Comparing % of income on mortgage repayments
- Impact of rate increase to repayments and rentals
- Change in perception of distance over time.
- FHB market, uncertainty in interest rates, and inflation
- Advise for first home buyers and options.
- Quickfire questions and preferences
- Where would you invest?
- Personal view on the next 12 months
About Gioia Di Masi:
With over 7 years of experience in property, Gioia Di Masi have developed a strong ability to build client rapport and network at a professional level with top performing builders and developers in WA. Her passion is getting People into Property and she believes in what she does. She had bought and sold land, built investment properties, and negotiated with banks. Being a third-generation property person, this is in her blood.
LINKS:
Oui Finance Website: https://www.ouifinance.com.au/
LinkedIn: https://au.linkedin.com/in/gioia-di-masi-8564a114b/
About Build Out West Podcast:
We created Build Out West Podcast to educate people about home building, and provide valuable information related to the builder broker game. Our industry experience gives us a unique insight into the nuances of builder relations and how it ties up to the other aspects of the build including land, and finances. Different markets and changes need different builders. Our industry linkages give us the ability to match you with the right builder for the job.
Our Links:
TikTok: https://www.tiktok.com/@buildoutwest
Instagram: https://www.instagram.com/buildoutwest/
YouTube: https://www.youtube.com/@buildoutwestpodcast