REIWA has welcomed the decision by the Australian Prudential Regulation Authority (APRA) to remove the cap on interest-only loans for residential property. REIWA Deputy President Lisa Joyce said loosening the restrictions was a win for Western Australian home buyers and investors. When APRA originally introduced these tighter lending rules, the decision was made with the […]
Perth’s median house price has stabilised, with reiwa.com data showing it held at $510,000 in December. “Median prices provide a good indication of market trends, however it is important to take a closer look at how individual sectors are holding up. For example, although overall sales are down in Greater Perth, reiwa.com data shows activity […]
2019 is shaping up to be a good year for tenants as increasing housing supply and falling demand force landlords to slash rents. Figures published this week showed rents for all types of homes, including units and houses, dropped 3 per cent over 2018, but the falls were substantially higher in areas with a long […]
TOP INVESTMENT SPOTS FOR 2019 1. Cheltenham — $1.05 million median 2. Footscray — $870,000 median 3. Seddon — $990,000 median 4. Cremorne — $1.2 million median 5. St Kilda — $1.315 million median 6. Beaumaris — $1.55 million median 7. Geelong — $700,000 median 8. Thornbury — $1.81 million median 9. North Melbourne — […]
Canny homebuyers could be about to reap the benefits of Perth’s falling house prices. With real estate analysts predicting this year will be an ideal time to buy. Big falls in home values across the metropolitan area over the past five years, have made many suburbs more affordable especially for first-homebuyers. The latest Buy-Rent Index compiled […]
Perth homebuyers remain the beneficiary of the local property market, but with signs indicating a recovery is on the horizon, the favourable conditions that currently prevail won’t last forever and buyers should act soon if they want to secure a home at current prices. Last week, REIWA’s data partner, CoreLogic, released the national home value index […]
For a first time home buyer, most people don’t have a lot of experience or know a lot about it. In all actuality, buying a home is actually a simple process. All you need to do is understand the basics, which will go a long way in helping you buy your very first home. You […]
Australia’s most sought after homes are no longer in the most exclusive neighbourhoods as buyers look to secure more bang for their buck. Aussie homebuyers are expanding their online searches to include suburbs that previously had been largely ignored, new data suggests. In the past quarter alone, a number of suburbs have seen a surge in demand […]
We all know that buying or selling a home can be a time consuming process. Although there are thousands of people looking to buy homes, it can be a tricky process finding the right person interested in your home. With hundreds of thousands of homes for sale in Australia, there is always some form of […]
How can a buyer get interest for purchasing your house? Impression is the keyword. You just need to get your house ready to sell by doing some preparation. Get inspected by a professional if you want to pay a little effort for maximum results, or if you don’t want to spend much money by paying […]
