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 back up to where they were before the pandemic hit.   “While there are no…

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. Kicking off tomorrow, Sunday 2 August, National Homelessness Week highlights that homelessness remains a problem…

Recently purchased a property, and unsure how to navigate your new status as a landlord? Already have a few properties but not sure if you’re bringing your landlord A-game to the table?  You’ve come to the right place. But first, why is nailing the landlord role so important? “As a landlord, you’re basically running a…

June reiwa.com data shows the strongest month for sales in Perth since 2015, with transactions increasing 55.1 per cent compared to May and 45 per cent higher than June 2019.   REIWA President Damian Collins said it’s clear the recent Federal and State Government building bonus grants have boosted transactions last month.   Perth sales…

If you have been thinking about building your next home or that next big renovation, now might be the time to put that plan into action, especially as Western Australia has the better deal compared to other states and territories.   What is the HomeBuilder scheme?  The scheme is tax-free grant program that was implemented by the…

reiwa.com data has revealed that over 1,000 sales transactions have occurred in greater Perth for the week ending 21 June 2020, which is almost double the 52-week average of 539 sales per week and is the highest level of activity seen since June 2013.    REIWA President Damian Collins said the Perth metro market has certainly…

While restrictions are starting to ease, many are still trying to understand what the long-term impacts COVID-19 will have on our way of living and the Western Australian economy.   From a real estate perspective, Western Australia is currently in a better position than many people would have expected.    We did see a decline in sales in April, with activity lowering to less than 300 transactions…

According to the CoreLogic Home Value Index results as at April 30, 2020, Australian housing values have not seen any evidence of a material decline in April, despite a sharp drop in market activity and a severe weakening in consumer sentiment.  Although most regions recorded a rise in home values through April, the national monthly…

The much-anticipated Strata Titles Act 1985, also known as the strata reforms, will come into effect as of Friday 1 May. The reforms will bring strata communities into the 21st century and is expected to not only accommodate the shift in housing preferences over the years, but also introduce new land development to options to drive economic growth. …

1. As The Landlord, You Have Final Say When Choosing A Tenant A good property manager will conduct a thorough screening process of all potential new tenants. This includes their employment history, current earnings, references, background checks and financial security.  2. Know How To Efficiently Manage Your Investment’s Cashflow Capitalising on the return on investment…