into the future," he says. "Perth is just going gangbusters. [With] the pickup in activity, it's got a very clear shortage of stock. "The population is increasing, jobs are increasing.  It's the only state in Australia where you've had this quite dramatic increase in full-time job activity." He says New South Wales and Queensland would benefit from a Reserve Bank interest rate cut but Melbourne has the most desperate need. "New South Wales has clearly turned the corner. It's tentative, however. It needs this interest rate reduction to really push it forward. Queensland has turned the corner as well. It looks like it's about to do quite well. The interest rate cut is needed there." "The only state that really badly needs this interest rate cut is the manufacturing state of Victoria." Nationally he says the investor market is improving in most cities and will continue to go up. "You're not seeing the investors ploughing into Victoria but you are seeing them come back into Queensland, New South Wales and Western Australia." "And they're staying away from Darwin, but they should be moving back shortly." He says affordability and investor activity is driving activity in the unit market. He says the increasing growth rate in most capital cities is in the unit market. National property prices are due to keep rising with exception of the Gold Coast, he says. "I'm not worried about falls. All of the markets are turning back up. Gold coast is still a worry. It's difficult