An increasing number of older Australians are living in share housing. Share housing has traditionally been associated with student housing and media depictions of the share house as dysfunctional, chaotic. But a growing number of older people are sharing housing. Generation Rent is fast becoming “The growing trend of share households is attributed to a […]
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 […]
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 […]
Choosing a lender is a very important part of the process of re-financing a home. Understanding the different re-financing options and knowing how each of these options work is very important. Choosing a lender can be a long and difficult process but there are some ways to make it easier. One simple way to make […]
