Episode 58: A chat with Ray Chua about Perth’s property market

Welcome to the studio, Ray Chua!

After a long hiatus, Cate kicks off 2022’s first interview with a talented and experienced Western Australian Buyer’s Agent, Ray Chua from Momentum Wealth. Having turned his attention to property after working in industry as an engineer, Ray bought with him a highly analytical focus, a keen interest in an asset class that fascinated him, and a quest to help people navigate something that is rarely black and white.

Ray Chua accepting the award for REIWA Buyers Agent of the Year Award 2018

Ray speaks openly with Cate about his lengthy career so far as a buyer’s agent, how he started working in the property industry, and what it’s been like riding Perth’s waves of buyer demand, market corrections, and… well, the challenges of tackling a market that has quite a few differentiating elements from the East Coast markets.

Ray shares some good local price-point, real life examples of properties in his home city and breaks down for our listeners some representative suburbs for $500,000, $1M and $2M budgets. He and Cate chat about rental yields, market drivers, and the specific reasons why Ray believes in the long term growth prospects of this beautiful city.

We are thrilled to have hosted this exciting interview and very grateful to Ray for sharing his wisdom. We hope you enjoy!

Contact Ray: https://reiwa.com.au/real-estate-agent/raymond-chua-13970-0-64574/

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Cate Bakos

cate@catebakos.com.au

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