186 blog posts Filter

Perth Market Snapshot for the week ending 17 March

March 21, 2019

Buying Investing Landlord Selling

Sales activity increased 10 per cent in Perth this week, with REIWA members reporting 581 transactions. This increase can be attributed to a 10 per cent rise in house sales and a 24 per cent rise in vacant land, while unit sales were unchanged. Perth’s top selling suburbs this week were Baldivis, Gosnells, Rivervale, Bayswater […]

Should you sell at auction?

March 20, 2019

Selling

Market conditions have been tough and whilst recent improvements are encouraging, the average time on market for a home in Perth is at 67 days. Those who need to sell and sell quickly, often opt for an auction given reported statistics for days on market for such campaigns is 26 days. I’m an advocate for the auction […]

Should you allow pets in your rental property?

March 18, 2019

Landlord

  It is becoming increasingly common for landlords to allow tenants to have a pet in their property. There can be many benefits and opportunities of allowing pets on the tenancy agreement, but before you decide, make sure to consider the following pros and cons. Pros 1. Increase your chances of finding a tenant Since […]

 

Perth Housing Market Update | March 2019

March 15, 2019

Buying Investing Landlord Selling

Watch the latest Housing Market Update for Perth. The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of February, released in March 2019.  

Tenant hotspots: WA’s 10 top searched suburbs for rentals revealed

March 15, 2019

Landlord

reiwa.com’s latest search result data has revealed the 10 suburbs and regional towns most popular with West Australian tenants looking for a rental home over the last 12 months. REIWA President Damian Collins said the list was quite diverse, as it featured seven suburbs from within the Perth region and three regional towns. “The list […]

Perth Market Snapshot for the week ending 10 March

March 15, 2019

Buying Investing Renting Selling

Sales activity decreased 15 per cent in Perth this week, with REIWA members reporting 538 transactions. The latest decrease in sales figures come on the back of a shorted week attributed to the Labour Day holiday. Perth’s top selling suburbs this week were Nedlands, East Perth and Kingsley. Listings for sale There were 16,970 properties for […]

Eight seconds to make an impression

March 13, 2019

Investing Selling

Depending where you read it, somewhere around 88 per cent, and anything up to 95 per cent, of prospective buyers go online to search, which means images of your property are their first point of contact. Creating the right perception of your property, making it the best on offer they see, is crucial to the […]

How to understand your future tenants

March 12, 2019

Investing Landlord

To maximise any property investment, it’s important to understand the profile of your target tenant and what is important to them, before purchasing off-the-plan. Speed dating is not for astute investors! As a property investor, it’s unlikely you will ever live in the property you purchase, so it’s startling that people often overlook the mindset […]

The Young Ones

March 12, 2019

Buying Investing Landlord Selling

  As a landlord today, the chances of you renting your property to a youthful tenant are relatively high, especially in certain suburbs and the vicinity of the CBD. Location and demographics no doubt have an impact on the type of tenant that your property attracts, as does the type of property in which you […]

Perth Market Snapshot for the week ending 3 March

March 8, 2019

Investing Landlord Selling

Sales activity increased two per cent in Perth this week, with REIWA members reporting 639 transactions. This is the third consecutive week where weekly sales have exceeded 550 and is the first time since March 2018 that sales volumes have exceeded 600 for two consecutive weeks. Perth’s top selling suburbs this week were Applecross, Morley, […]

Perth Monthly Market Wrap

March 6, 2019

Investing Selling

By: Brett White The median house price for most of Perth are in January 2019 has dipped one per cent since December 2018. Although $505,000 median house price is lower than last month’s, there are still excellent opportunities at all aspects. The change in median prices in majority of the Perth area is caused by […]

 

Perth market update - February 2019

March 6, 2019

Buying Investing Landlord Selling

Check out our latest market update video for February 2019 to find out how the Perth market performed.

Half of Perth property sales under $500k in February

March 6, 2019

Uncategorized

FIRST-home buyers were active in February with 49 per cent of sales occurring below $500,000, according to the latest Reiwa data. “When we take a closer look, 32 per cent of sales last month were between $350,000 and $500,000, while 17 per cent were below $349,000,” president Damian Collins said. “Traditionally, when there is a […]

How to sell a rental property

March 6, 2019

Selling

  Selling a tenanted property can be complicated, but it often makes a lot of financial sense. That’s especially true if you’re selling in a suburb that’s popular among investors. Finding reliable tenants is a time-consuming activity, and so offering an investment property with tenants already in place can really sweeten a deal. Add the […]

Rent.com.au Monthly Market Report for February 2019

March 5, 2019

Investing Landlord

Report Highlights Across the board, all but two states and territories (Brisbane, unchanged and Perth down 0.7%), recorded an increase in apartment median rents in February. • Hobart’s apartment rents rose most significantly of all capitals, up 4.2% to $365/week. The TAS capital also saw the steepest increase in price per room for all dwelling […]

RBA Cash Rate Announcement - March 2019

March 5, 2019

Uncategorized

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. The slower pace of growth has continued into 2019. The outlook for the global economy remains reasonable, although downside risks have increased. […]

Shrinking lots require thoughtful garden planning

March 5, 2019

Investing Landlord Selling

House renovating generally involves at least some level of garden renovation. If you are ‘doing up’ a house with the idea of taking it to the market, really think about how you might add value through the gardens you create. Especially when you are dealing with a small block, as so many are these days […]

Why negotiation is important when investing in property

March 4, 2019

Investing Landlord

Property investment remains a very attractive prospect in Western Australia. With the Perth rental market in a recovery phase and housing affordability continuing to improve, there is plenty of opportunity for WA property investors to capitalise on these favourable conditions. When it comes to property investment, the vast majority of landlords in WA are ‘mum and dad’ […]

Perth Market Snapshot for the week ending 24 February

March 1, 2019

Investing Landlord Selling

                    Sales activity increased 11 per cent in Perth this week, with REIWA members reporting 634 transactions. This is the third consecutive week where weekly sales have exceeded 550 and the first time since March 2018 where sales have been more than 600. A continuation of […]

Interior design trends that will help your home stand out in 2019

February 27, 2019

Investing Landlord Selling

Whether this is the year that you plan to sell your house, or maybe it’s just time your home had an interior makeover, staying in tune with design trends will not only enliven and modernise your living space, but it will also make your home appear more desirable to buyers. We spoke with Creative Design […]