Group VP ∙ IQI WA

Lily Chong

Lily Chong profile picture

About Lily Chong

Leveraging market knowledge and negotiation skills to deliver exceptional results. Your real estate success is my priority. Ready to make your real estate dreams a reality? Let's chat. Your dream home awaits.

7 years at IQI

65 transactions

23 properties on sale

Lily Chong's Service Locations

Up to 100 properties with precise addresses are displayed on the map.
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My Listings

Second Chance: Prime Northbridge Development Opportunity photo

Second Chance: Prime Northbridge Development Opportunity

8 Parker Street, Northbridge, Western Australia 6003, Australia

25
548 m²

$ 3,600,000

Listed on August 11, 2026

Build Your Dream Home in the Rossmoyne Senior High School Zone photo

Build Your Dream Home in the Rossmoyne Senior High School Zone

2/3 Myrtle Street, Willetton, Western Australia 6155, Australia

4
3
26
214 m²
192 m²

$ 1,600,000

Listed on August 11, 2026

Harold Boas Gardens on Your Doorstep photo

Harold Boas Gardens on Your Doorstep

75/6 Campbell Street, West Perth, Western Australia 6005, Australia

2
1
29
97 m²

$ 650,000

Listed on August 11, 2026

Rare Opportunity - Double Storey Home in Rossmoyne High School Zone photo

Rare Opportunity - Double Storey Home in Rossmoyne High School Zone

4/3 Myrtle Street, Willetton, Western Australia 6155, Australia

4
3
21
229 m²
191 m²

$ 1,600,000

Listed on August 11, 2026

Parkside Lifestyle Meets Modern Luxury photo

Parkside Lifestyle Meets Modern Luxury

145A Mars Street, Carlisle, Western Australia 6101, Australia

4
3
22
242 m²
400 m²

$ 1,490,000

Listed on August 11, 2026

""" PERFECT FOR LIVING OR INVESTMENT !!! """ photo

""" PERFECT FOR LIVING OR INVESTMENT !!! """

9/63 Third Avenue, Kelmscott, Western Australia 6111, Australia

3
1
28
238 m²

$ 599,000

Listed on August 11, 2026

""" PERFECT FOR LIVING OR INVESTMENT !!! """ photo

""" PERFECT FOR LIVING OR INVESTMENT !!! """

9/63 Third Avenue

3
1
1682
238 m²

$ 599,000

Listed on May 5, 2026

Designer Luxury with Resort-Style Living at The Crest photo

Designer Luxury with Resort-Style Living at The Crest

510/118 Goodwood Parade, Burswood, Western Australia 6100, Australia

2
2
15
87 m²
146 m²

$ 899,990

Listed on August 11, 2026

Save Up to $27,217 on Stamp Duty* – Secure Your Brand-New Townhouse with Just a 5% Deposit today. photo

Save Up to $27,217 on Stamp Duty* – Secure Your Brand-New Townhouse with Just a 5% Deposit today.

4/30 Lanyon Street, Mandurah, Western Australia 6210, Australia

3
2
32

$ 699,000

Listed on August 11, 2026

Sophisticated Urban Living with Sunrise Views photo

Sophisticated Urban Living with Sunrise Views

2004/118 Goodwood Parade, Burswood, Western Australia 6100, Australia

2
2
1907
75 m²
123 m²

$ 880,000

Listed on February 4, 2026

A Front Row Seat To Burswood's Golden Hour photo

A Front Row Seat To Burswood's Golden Hour

1906/118 Goodwood Parade, Burswood, Western Australia 6100, Australia

2
2
18
88 m²
160 m²

$ 950,000

Listed on August 11, 2026

Premium Riverside Apartment Living Right At Elizabeth Quay! photo

Premium Riverside Apartment Living Right At Elizabeth Quay!

1 Geoffrey Bolton Avenue, Perth, Western Australia 6000, Australia

2
1
27
92 m²

$ 1,263,000

Listed on August 11, 2026

Modern Living with Space, Comfort & Convenience photo

Modern Living with Space, Comfort & Convenience

120/9 Central Terrace, Beckenham, Western Australia 6107, Australia

2
2
27
86 m²
117 m²

$ 625,000

Listed on August 11, 2026

Exclusive Brand New Double Storey House in Rossmoyne High School Zone photo

Exclusive Brand New Double Storey House in Rossmoyne High School Zone

4/3 Myrtle Street

4
3
1680
229 m²
191 m²

$ 1,630,000

Listed on May 5, 2026

Luxury Apartment for Sale at Iconic Adagio Building! photo

Luxury Apartment for Sale at Iconic Adagio Building!

90/90 Terrace Road, East Perth, Western Australia 6004, Australia

2
2
11

$ 950,000

Listed on October 18, 2024

Double-Storey Home in Rossmoyne High School Zone photo

Double-Storey Home in Rossmoyne High School Zone

3/3 Myrtle Street, Willetton, Western Australia 6155, Australia

4
3
23
229 m²
194 m²

$ 1,630,000

Listed on August 11, 2026

Exclusive Double Storey House in Rossmoyne High School Zone photo

Exclusive Double Storey House in Rossmoyne High School Zone

1/3 Myrtle Street, Willetton, Western Australia 6155, Australia

4
3
28
212 m²
190 m²

$ 1,600,000

Listed on August 11, 2026

WHERE KINGS PARK BECOMES PART OF YOUR EVERYDAY LIFE photo

WHERE KINGS PARK BECOMES PART OF YOUR EVERYDAY LIFE

Level 4, 29/34 Kings Park Road Road, West Perth, Western Australia 6005, Australia

2
2
14
90 m²
122 m²

$ 800,000

Listed on August 11, 2026

Light-Filled, Near-New Parkside Living in Prime Location photo

Light-Filled, Near-New Parkside Living in Prime Location

145A Mars Street

4
2
1524
242 m²
400 m²

$ 1,490,000

Listed on May 6, 2026

Brand New and Ready to Move In! photo

Brand New and Ready to Move In!

416/14 Leila Street, Cannington, Western Australia 6107, Australia

3
2
1070
96 m²
149 m²

$ 988,000

Listed on January 13, 2026

Modern Living with Space, Comfort & Convenience photo

Modern Living with Space, Comfort & Convenience

Unit 120/9 Central Terrace, Beckenham, WA 6107

2
2
1625
86 m²
117 m²

$ 625,000

Listed on June 12, 2026

Save Up to $28,167 on Stamp Duty* – Secure Your Brand-New Townhouse with Just a 5% Deposit today. photo

Save Up to $28,167 on Stamp Duty* – Secure Your Brand-New Townhouse with Just a 5% Deposit today.

4/30 Lanyon Street, Mandurah, WA 6210

3
2
1319

$ 719,000

Listed on June 18, 2026

Secure your Brand New Off-the-Plan Townhouse with only 5% Deposit now, and saving up to $29,174 on stamp duty* photo

Secure your Brand New Off-the-Plan Townhouse with only 5% Deposit now, and saving up to $29,174 on stamp duty*

3/30 Lanyon Street, Mandurah, WA 6210

3
2
1276

$ 739,000

Listed on June 18, 2026

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IQI blog & news

Articles specifically curated for your daily digest of local and global real estate news.

Australia Property Market Cools as Buyers Gain More Choice in 2026

Australia’s Housing Market Enters a Cooling Phase Australia’s housing market shifted in June 2026, with the national Home Value Index falling 0.4% month-on-month. This was the largest monthly decline recorded since December 2022. Sydney experienced the sharpest correction, with dwelling values falling 1.2%, followed by Melbourne at 1.0% and Canberra at 0.6%. Adelaide remained unchanged, while Brisbane and Perth continued to grow by 0.3% and 0.7%respectively. Over the June quarter, national dwelling values declined 0.7%, while combined capital city values fell 1.3%. The slowdown was mainly driven by weaker buyer demand and growing affordability pressures.  Market Conditions Become More Buyer-Friendly Higher interest rates, cost-of-living pressures, cautious buyer sentiment and recent property tax changes have contributed to softer market conditions. Auction clearance rates across the combined capital cities have remained below 50% since late May. Capital city sales volumes were also estimated to be 16.2% lower year-on-year. Meanwhile, advertised listings increased by almost 11% compared with the previous year. This has given buyers more options, reduced urgency and placed greater pressure on sellers to set realistic asking prices. Despite the national slowdown, market performance remains uneven. Perth recorded the strongest annual growth among the major capital cities at 23.9%, while Brisbane increased 17.4%, highlighting continued demand in selected markets. Outlook Australia’s housing market is likely to remain more balanced and selective in the coming months. Buyers may benefit from wider choice and improved negotiating power, while sellers will need to align pricing expectations with changing demand. Markets with stronger population growth, affordability and supply fundamentals, particularly Perth, may remain more resilient than Sydney and Melbourne. Download to see insights from other country marketsDownload

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Australia Property Market July 2026: Housing Momentum Slows as Buyers Gain More Choice

Australia Housing Market Slows in May 2026 Australia’s housing market showed clearer signs of slowing in May, with Cotality’s national Home Value Index remaining flat. The data suggests that momentum is easing across most regions as buyers face affordability pressure, tighter borrowing capacity and broader demand-side challenges. The slowdown was most visible in Sydney and Melbourne, where dwelling values fell by 0.9% and 0.8% respectively over the month. Both cities are now below their recent market peaks recorded in November last year. The ACT also softened slightly, with values down 0.2%. However, the market remains highly uneven. Perth and Darwin recorded the strongest monthly gains at 1.5%, followed by Brisbane and Hobart at 0.9%, and Adelaide at 0.5%. Cotality Research Director Tim Lawless noted that Australia’s housing market is moving at different speeds. Over the past five years, Perth home values surged 91.4%, while Melbourne rose only 3.3%, highlighting the gap between stronger and weaker city markets. Sales activity is also cooling. National home sales over the past three months were estimated to be 2.2% lower year-on-year and 4.1% below the five-year average. Sydney and Melbourne recorded the sharpest annual falls in sales, down 17.0% and 14.2% respectively. Outlook Looking ahead, Australia’s property market is expected to remain selective rather than broadly weak. Cities with stronger population growth, tighter supply and better affordability may continue to outperform. For buyers, rising listings and softer auction clearance rates could create more room to negotiate. For sellers, realistic pricing will be increasingly important as market conditions become more balanced. Juwai IQI Newsletter July 2026 RDownload

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Australia Property Market Split: Perth Surges, Sydney and Melbourne Stall

Australia’s housing market has entered 2026 with a clear split in performance across cities. While Sydney and Melbourne have begun to stabilise, mid-sized capitals continue to record solid growth, with several markets achieving more than 1% month-on-month increases. Perth Perth is leading the nation, with home values rising 2.3% in February alone, adding significant value to the median dwelling in just one month. Brisbane, Adelaide and Hobart also posted strong gains, reinforcing the growing strength of these markets as demand shifts beyond the traditional major cities. Sydney and Melbourne In contrast, Sydney and Melbourne were more sensitive to February’s rate hike and softer buyer sentiment. Property values in both cities remained flat over the month and showed slight declines over the rolling quarter, reflecting a more cautious market environment. A key factor supporting growth in the smaller capitals is limited housing supply. Perth listings remain significantly below historical averages, while Brisbane and Adelaide are also experiencing notable undersupply. Although stock levels in Sydney and Melbourne are still relatively tight, both cities have seen an increase in new listings, which may signal rising vendor activity amid softer conditions. At the same time, the more affordable end of the market continues to show resilience nationwide. In Sydney, lower-priced homes recorded modest growth, while higher-end properties declined. Ongoing demand from first-home buyers and investors, combined with tighter borrowing capacity at higher price points, continues to support entry-level segments. Overall, Australia’s property market is becoming more selective in 2026. For investors and homeowners, markets like Perth are presenting compelling opportunities, driven by strong growth, affordability, and supply constraints. As Australia’s property market shifts, opportunities are becoming more location-driven than ever. Whether you are exploring high-growth markets like Perth or reassessing your strategy in major cities, now is the time to make informed decisions. Connect with our team at sales@iqiwa.com.au to discover where the real opportunities are and take your next step with confidence. Download to see insights form other country marketsDownload

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Australia’s Home Values Climb 0.8% in January as Supply Shortages Support Growth

Australian home values continued their upward trend in January, rising 0.8% nationwide, according to Cotality’s Home Value Index. This marks a modest acceleration from December’s 0.6% increase and highlights the market’s resilience despite affordability pressures. All capital cities and regional markets recorded price growth during the month. However, results were mixed acrosst the major capitals. Sydney (+0.2%) and Melbourne (+0.1%) posted only modest gains, following slight declines in December. Both cities remain just below their peak values, with Sydney sitting 0.1% below its November 2025 high and Melbourne 0.7% below its March 2022 peak. Mid-sized capitals continue to lead the market, though momentum is easing. Perth recorded the strongest growth at 2.0%, followed by Brisbane (+1.6%) and Adelaide (+1.2%), all slightly slower than their late-2025 peaks. Cotality’s Research Director, Tim Lawless, noted that price growth remains supported by severely limited housing supply, with listings 19% lower than a year ago and 25% below the five-year average, while buyer demand remains above average. However, he expects market momentum to soften through 2026 as affordability constraints, cost-of-living pressures, potential interest rate increases and slower population growth begin to weigh on demand. At the same time, growth is being driven largely by lower-priced homes, particularly houses. Across the combined capitals, lower-quartile house values rose 1.3% in January, compared with just 0.3% growth in the upper quartile, reflecting intense competition among first home buyers, investors and value-focused buyers. Overall, the market remains resilient, but signs are emerging that the pace of growth may gradually moderate as economic pressures build. For investors and homeowners alike, Perth’s property market presents exciting opportunities. Whether you’re considering selling, buying, or investing, now is the time to explore your options. Contact our team at sales@iqiwa.com.au to discuss your property goals today. Download to see insights from other country marketsDownload

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