Dr Nicola Powell

So the next quarter for me is going to be really an interesting one to see in Perth to see if we actually pick up that demand

almost second wave of demand as a result of that tough border control coming down.

Yeah, look, it really will.

And I think, you know, the first thing that we'll see is actually additional pressure on our rental markets because most overseas migrants do rent upon arrival and the longer that they stay in Australia, the more likely they are to buy a home.

So it is going to be interesting because our rental markets are extremely tight across every single capital city, even Melbourne that saw the most, you know, dramatic impact on its rental market as a result of international borders being closed and those lengthy lockdowns that a city saw happening.

We've got every single capital city market with a vacancy rate below 2%, which means it is a landlord's market.

So it's certainly going to be a one to watch.

We've already got tight rental markets.

We've got the lifting of international borders.

And that's at a time where our rental markets are already strained.

So I think, you know, this is one for investors as well out there.

You know, we have seen an increase in investment activity.

And I think, you know, investors are being enticed by the fact that

we could see gross rental yields improve as purchasing prices come off and we see rents rise.

So it is going to be an interesting dynamic to see if we continue to see that investment activity rise.

Hello, Craig.

Thanks so much for having me here.

It's great to be on.

I think I've learned one thing when analysing property since the pandemic began is to not be surprised by any trend because, you know, what we've seen in our housing market since the pandemic began, you know, has been, I think, a surprise for all.

You know, we have seen