reiwa.com data has revealed that Perth’s residential vacancy rate has continued to fall in November, hitting 0.8 per cent and reaching the lowest levels REIWA has seen over the past 40 years, with the previous low of 0.8 per cent…
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After hitting the bottom of the market during 2020, REIWA’s 2021 outlook indicates the Western Australian property market should experience steady growth in both the rental and sales market – something not seen since the strong conditions in 2013. REIWA…
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Do you know your capitals? Are you in the know about cash-flow? Anyone planning to enter the property market will benefit from knowing the difference between capital gain, capital value growth (appreciation) and cash-flow. These are the financial equations that…
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Government building bonus grants have seen West Australian land sales surge from about 60 blocks per week to 500. Master Builders WA boss John Gelavis said in March his members were reporting a 40 per cent decline in work but…
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Sales activity remained strong in Perth, with Reiwa’s July data showing numbers increased 68 percent compared to April across both dwelling and land sales. President Damian Collins said while sales activity had reduced during the initial stages of the COVID-19…
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PERTH’S residential rental vacancy rate is at a 12-year low, and the shortage of stock is creating strong competition among tenants, particularly for houses. Reiwa data places the vacancy rate at 1.6 per cent, the lowest level since March 2008,…
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Do I really need landlord’s insurance, or can I save by not shelling out for it? It’s a question that’s probably crossed every property investor’s mind at some point. The answer? A resounding yes. “It’s a must for all property…
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According to a draft report of the independent New South Wales review of Federal Financial Relations, it’s time for state and Commonwealth governments to scale back on inefficient taxes including stamp duty, and REIWA is calling on Western Australian political leaders…
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Sales activity in the Perth metro region increased in July, with reiwa.com data showing volumes were up 68 per cent compared to April across both dwellings and land sales. REIWA President Damian Collins said whilst sales activity was quiet during the initial stages of the COVID-19 lock down restrictions, it is great to see levels pick…
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The Salvation Army estimate that over 9,000 West Australians experience homelessness each night, and it’s expected that this number will increase due to the impacts of the COVID-19, which is why National Homelessness Week is even more important this year.…
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