Craig

Hey, we are back with the Real Estate Breakfast Property Podcast and the Australian Housing Market and streaming right now on Spotify and Apple Podcasts from Darwin to Canberra, plus all of those fantastic regional areas around the country, and there's plenty of them.

Hope your weekend was a good one.

We're back into another Monday, steering down the end of the month for March, the 23rd today.

Happy birthday, Reese Witherspoon, who is blowing out 50 candles.

Can you believe it?

Titanic, on this day, 1998, they were dominating the Oscars with 11 Academy Awards and staying with boats.

Australia won in 1983 the America's Cup.

That really did reshape a national pride and economic momentum, including confidence in the property market.

Can you remember?

If you're listening, we'd love to get your thoughts on that.

Our email, as always, is myrealestatepodcast at gmail.com.

Now, one of the most interesting property stories right now is happening just outside of Perth.

The coastal city of Manjura, this has quickly become one of the hottest housing markets in Australia.

Over the past year alone, home prices have surged more than 22% well ahead of the national average.

What's driving it?

Well, a mix of affordability, lifestyle appeal, that is in there, and a shortage of homes on the market.

Remember, when more people are chasing fewer homes, that's always where price pressure starts.

So let's take you to WA, where we are joined by Ben Hatch from Harcourts in Manjura.

And welcome to you on this Monday morning to the Real Estate Breakfast.

Yes, it's very close to Perth.