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Perth City Unleash Transformation

Perth City Unleash Transformation

The Federal and State Government along with the City of Perth are currently unveiling the eleven transformative projects and initiatives included in the Perth City Deal. The agreement, worth $1.5 billion, has been a longstanding Property Council advocacy priority and...

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Challenges pre- and post-COVID Village valuations hit

Challenges pre- and post-COVID Village valuations hit

Australia’s largest retirement village operator had its portfolio of 72 villages marked down by valuers by 6% (approximately $84M) in response to COVID. Resales across their 12,858 village homes were up 3.8%, from 842 to 874 units in the 12 months, but this was...

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Rental properties leasing two weeks faster in August

Rental properties leasing two weeks faster in August

In August, reiwa.com data shows it took a median of 21 days to lease a property in Greater Perth which is 13 days less than the same time last year – making it the quickest time to lease since the construction phase of the last mining boom in February 2015. Perth...

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Perth Area – Residential Market Focus

Perth Area – Residential Market Focus

The latest REIWA research shows the median house price for the Perth metropolitan area was $475,000 as at the June quarter 2020, down from $480,000 at the March quarter 2020. Sales however showed a strong lift over previous lack lustre numbers, total property listings...

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Australian Residential Property Markets

Australian Residential Property Markets

Angie Zigomanis said uncertainty around the government support programs and the shutdown of international borders is affecting the residential property market. The main short-term impact on residential property is people don’t know where they’re going to be in 12...

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Australian Property Market Predictions

Australian Property Market Predictions

What next for Australian Property Markets as the COVID-19 pandemic continues? Following on from commentary earlier this year, the Australian Property Institute asked some of Australia’s most experienced commentators to update their predictions for the property market,...

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Perth Property Market Update

Perth Property Market Update

In terms of immediate impact on the Perth residential market, we note that overall purchaser and investor enquiry is at substantially subdued levels over previous months, with residential sales listings at a 12 month low. From our enquiries with active residential...

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Residential Perth Property Market

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...

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The Corelogic Datasets Capturing The Coronavirus Shift

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...

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