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Residential Perth Property Market
Current residential market Perth as at the week ending 19th of April 2020 research. According to REIWA research for the week ending 19th of April 2020 total sales were 286 while for the same period 4 weeks ago that number was 548 the same week last year was 436...
The Corelogic Datasets Capturing The Coronavirus Shift
The past four weeks have seen rapid declines in the cash rate, several changes to fiscal and monetary policy, and a complete halt in business activity across specific industry sectors. As daily updates roll out, enquiries around the state of the housing market have...
Tips for first-home buyers who are building new
Buying your first home is one of life’s milestones. Those who build new have an extra layer of satisfaction because they get a say in how the home will look without having to renovate. As with any first step, things might feel a little daunting initially, said...
WA Property Outlook Positive Although Residential Growth Lags
West Australian property industry participants do not share the confidence of their interstate counterparts about a residential housing market recovery, according to the latest ANZ/Property Council Survey for the March 2020 quarter. The survey, conducted between...
Retirement Village penetration – stalled or going forward?
We revisit the PwC/Retirement Living Council Census of members, capturing 56 operators and 70,000 village homes. Giving an insight into optimism, the above graph shows that operators are pulling back on development pursuit. It shows that across the ….
Perth’s top selling suburbs in 2019 revealed
According to the latest reiwa.com data, Perth’s top selling suburbs for 2019 was led by Lakelands which saw a 36 per cent increase in sales activity and Wembley which was the quickest suburb to sell, taking 39 days on average to secure a sale.
How Property Developers Can Find Success in a Softening Market
Despite the current marketing softening, there is still space for developers and investors to find solid returns if they're strategic with their timing, planning and partnerships. Australia’s property markets are in the middle of a softening period, but Dominique...
Stamp Duty Concession For Seniors a No Brainer
In a struggling economy, many are finding it hard to enter or move within the property market. REIWA together with other property associations, has asked the Western Australian Government to provide a concession on stamp duty for people over 65 who wish…