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Half Of Australian Renters Live In Fear

New report claims nearly half of Australian renters live in constant fear of rate hikes or eviction. The report, titled "The Distrupted: The Consumer Experience of Renting in Australia, was commissioned by the consumer advocacy group Choice, housing affordability group National Shelter, and the National Organisation of Tenant Associations. According to the report, which surveye...

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The rise and rise of Perth’s prices

Despite softening capital city prices across Australia, Perth’s median house price rose during November, for the second consecutive month, new data has found. A new REIWA report has found that median house prices rose by 1.6 per cent in the WA capital over November — up to $518,000.  According to REIWA president Damian Collins, this is the second month in a row that...

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Mount Pleasant revealed as Perth's top growth suburb

Perth's property market has taken a hit but some suburbs are bucking the trend. Southern suburbs close to the city are performing strongly, with real estate agents claiming they haven't seen prices this high in decades. Mount Pleasant is one of the few suburbs in Perth that is in demand. Houses there have increased by more than 25 percent over the past year to a median price of $1.2 million,...

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Perth Market Snapshot for the week ending 2 December

Sales activity increased four per cent in Perth this week, with REIWA members reporting 532 transactions. This increase can be attributed to a four per cent rise in unit sales and a 71 per cent rise in vacant land sales, however there was a three per cent decline in house sales. Listings for sale There were 15,672 properties for sale in Perth at the end of this week, which is t...

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Clearance Certificates – Beware!!

In the recent federal budget the Australian Government announced changes to the sale of ALL properties in Australia with a value of over $750,000. Don’t get caught out. All owners (individuals) of these properties need to obtain a clearance certificate from the ATO (Australian Taxation Office) prior to selling the home. This essential requirement comes into effect as from 1st July 2017. T...