Have you ever wondered why a home can be listed for one price, valued at another, lender-valued at another still, and then sold for a figure that leaves everyone scratching their heads? How can one property have umpteen different prices?…
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Western Australian property prices are expected to grow by 15 per cent this year, according to REIWA’s revised 2021 forecast. REIWA President Damian Collins said the Institute was revising its 2021 forecast following the strong price growth experienced in the…
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Property managers expect the end of Western Australia’s coronavirus eviction moratorium will help ease the drastic shortage of rental properties as investors return to the market. WA’s year-long rental moratorium on evictions and rent increases ended on Sunday, allowing landlords…
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For anyone who is considering buying an investment property, you will surely be interested in what return the property will give you – in other words, its yield. Before seriously considering a property and adding it to a shortlist, most…
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REIWA welcomes the emergency period for the Residential Tenancies (COVID-19 Response) Act 2020 ending on Sunday 28 March as promised and believes it is a necessary step to help fix Western Australia’s rental shortage. REIWA President Damian Collins said the decision by the WA Government to extend the moratorium on evictions and rent…
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REIWA congratulates Mark McGowan and the Western Australian Labor Party on their 2021 WA Election victory but calls for more to be done to address the housing issues facing the state. REIWA President Damian Collins said the Institute was disappointed…
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Western Australia remains the most affordable state in the country despite affordability declining overall, according to the latest results from the Real Estate Institute of Australia’s (REIA) December 2020 quarter Housing Affordability Report. The report found although the proportion of income needed to meet loan repayments had increased…
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Attractive returns and long lease terms are among the reasons many investors choose commercial property, but as with most investments buying these assets are not without risks, which first-time buyers need to be aware of, experts say. “These two factors…
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Like it or not, land tax is something all property investors need to know about. Unlike stamp duty, which is a one-off amount paid when buying a property, land tax is an annual or quarterly tax owners pay to state and…
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Introduction How many times have you heard an expert say that you should invest in property markets with high population growth? It’s a no-brainer, right? WRONG! High population growth doesn’t mean what you probably think it does regarding capital growth.…
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