Western Australia Realestate News
Prime pockets defy big dip in demand
WA’s softening property market is having a negative impact on otherwise strong national housing demand, new research shows.
Hammer option driven home for sellers
PERTH’S auction clearance rates have increased, with hopes of further gains for those using the process in an otherwise sluggish property market.
Country towns reach top of the table
COUNTRY towns have come into their own in WA’s property downturn, with regional centres recording the highest median price growth in the state.
Housing demand hits all-time high
Housing demand has hit all-time high across the country driven by record levels down south, the first-ever REA Group Property Demand Index has found.
Lift grant to spark big build
CASH grants to first-home buyers of newly-built houses have halved in the past three years, prompting calls for the State Government to increase funding of the scheme to boost the economy.
The surprising news about property
FEELING down about the property market? Latest figures show that housing affordability has improved in six of the eight capital cities.
Boom to bust opens door for local buyers
PROPERTY prices have collapsed 75 per cent in parts of the Pilbara over the past three years, making it easier for locals to buy a home.
Millions wiped in WA property collapse
THE State Government is being accused of misspending hundreds of millions of dollars in failed property investments in the Pilbara as house prices in the north collapse by 75 per cent.
One in five Perth properties sold at a loss
WHILE the majority of homes sell for more than the owners originally paid, in Perth it has been a very different story over the last quarter.
Beach life rocks for land lovers
TWO Rocks is home to one of the biggest-selling estates in Perth’s northern corridor, new figures show.
Will homes double in value by 2026?
ANYONE with an interest in real estate is sure to have heard “property values double every ten years’’. But Perth homeowners may be in for a huge shock.
Rental market rebounds as prices dip
LEASING across Perth’s rental market increased by 17 per cent in August, according to new data from the Real Estate Institute of Western Australia.
Lifestyle lure as WA’s second city stars
LIFESTYLE and location are putting Bunbury on the state’s hot list, with the South West city holding its own in a softening statewide market.
Big spend setting Scarborough apart
SCARBOROUGH’S apartment market is proving a standout in a soft market, according to new research.
Scaffidi hits back over heritage bid
PERTH Lord Mayor Lisa Scaffidi’s husband has stepped up his fight against a City of Perth plan to put the couple’s historic hotel on the heritage list.
Units puts zing back into soft markets
WHILE Perth’s market has softened, some pockets have realised strong growth in unit sales — these are the metro area’s improving suburbs.
Pinjarra at peak of Peel price rise
PINJARRA is leading the pack for median price growth in the Peel region, according to latest figures from CoreLogic RP Data.
Is now the perfect time for renters?
RENTING has become more affordable in the past year, as capital city rents drop and wages hold steady.
Pockets point to positive property outlook
POCKETS of Perth are showing signs of levelling out, despite the city’s overall market weakness.
Telethon home hits a hole-in-one
ORGANISERS reckon they’ve hit a hole in one with this year’s 2016 Eden Beach Telethon Home by In-Vogue.
More adults move in with parents to save
WA tops Australia for the number of adults living with their parents to save for a house deposit, the latest homeloans.com.au survey shows.
Buyers chase Perth’s luxury homes
BUYERS are back in the hunt in Perth’s upmarket suburbs and the length of time high-end properties stay on the market is falling fast.
Holiday like a celebrity
THEY’RE the holiday rentals that dreams are made of. Some celebrities pay more than $20,000 a night in luxurious surrounds.
Perth’s top price growth suburbs in 2016
A DESIRE for more space to raise a family spurred the Tuckett family to head to the hills — and their migration east is part of a trend.
Where are Perth’s fastest selling suburbs?
PERTH’S fastest selling suburb is also one of the few areas that have undergone healthy price growth in recent years.
