If you’re looking to invest in property you may be wondering if a tiny home could be worth your time and money. The big question is: do tiny houses stack up financially? These types of homes may not be for everyone, but the good news is for some people tiny homes can mean big profits….
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Ridgewood, Madora Bay and Two Rocks are amongst the 10 Perth suburbs that have seen the biggest percentage increase in sales activity during the 2020-21 financial year. REIWA President Damian Collins said of the 10 suburbs to make the list, six had more than doubled their sales tally in the 2020-21 financial year versus the…
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Sales activity increased five per cent in Perth last week, with REIWA members reporting 932 transactions. This increase can be attributed to a 140 per cent rise in vacant land sales during the week, despite house and unit sales declining by three per cent and 27 per cent respectively. Properties for sale There were 8,484 properties for…
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With community schemes about to be introduced via the Community Titles Act 2018, we want to answer some of the questions you may have about what Community Titles are and what you can expect with the new legislation. What’s been the problem? Large modern day strata developments are more and more commonly comprised of a mixture of retail, commercial and residential elements. These mixed-use elements are managed under the Strata Titles Act 1985. Given…
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It’s the question every Aussie with a mortgage has to grapple with – should I choose a fixed, variable or split home loan? John Tindall, principal of Sydney-based financial advisory firm Accumulus Home Loans, breaks down the mortgage jargon, explains the pros and cons of each loan type, and shares his thoughts about which approach…
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There’s a lot of uncertainty and bad press surrounding off-the-plan developments, when in actual fact there are many upsides for buyers. To get a full picture of whether or not buying off the plan is a good idea, let’s start by looking at what buying off the plan means. Like with most things in…
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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? How do you know which price is right? Let’s walk through a hypothetical home and see…
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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 investors work out the yield on the property first. Yield refers to the measurement of…
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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 the housing market wasn’t a priority for the McGowan Government’s 2021 election campaign. “WA is…
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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 alone account for a lot of the interest of first-time commercial investors, but as with…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
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