Property prices and rents continued to rise in January

Property prices and rents continued to rise in January

Both median house and unit sale prices rose in January. Houses recorded a median sale price of $600,000, up 1.7 per cent on the $590,000 reported for December and 9.9 per cent higher than January 2023. The median unit sale price increased 0.5 per cent over the month...
WA Buyers Should Have Stamp Duty Choice

WA Buyers Should Have Stamp Duty Choice

In a survey conducted by REIWA, 90 per cent of respondents considered stamp duty to be a significant barrier to home ownership, which is why the Institute is calling for every political candidate to commit to a two-stream revenue collection method for stamp duty....
Perth Market Snapshot – week ending 14 February 2021

Perth Market Snapshot – week ending 14 February 2021

Sales activity increased seven per cent in Perth last week, with REIWA members reporting 843 transactions. This increase can be attributed to a four per cent increase in house sales and a 31 per cent increase in unit sales. However, there was an eight per cent decline...