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AFTER predicting a large 10 per cent fall in national property prices from the peak in April 2020 to June 2021, Westpac has revised its forecast to a more moderate 5 per cent, with prices then “bouncing” 15 per cent. It said many capital city markets had proved resilient during the pandemic, wit...
September 18, 2020
For the eleventh quarter in a row, Western Australia continues to be the most affordable state to live in, according to the latest Real Estate Institute of Australia’s Housing Affordability Report. REIWA President Damian Collins said the findings of the report revealed affordability in WA’s...
June 17, 2020
2020 will forever go down in history as the year an unprecedented health pandemic unexpectedly erupted, rapidly took over the world and brought about a whole new crisis, financial in nature. With the closure of cafes, bars, and other client facing industries, Perth businesses promptly changed gears ...
June 04, 2020
Australians with grand designs on a dream home will get a $25,000 gift from taxpayers as the government looks to keep the construction sector building. The $688 million HomeBuilder program will offer the grants to people who sign contracts to build or substantially renovate their home from Thursday ...
June 04, 2020
COVID-19. Coronavirus. You can’t turn on the TV, check your socials or open a newspaper without hearing another update. It’s unknown, and when will I be able to buy pasta again? But for those able to look toward the future, now can be a wise time to progress your new home building dr...
March 20, 2020
Interest rates have plummeted to a record low of just 0.50% after the Reserve Bank of Australia’s March 2020 board meeting. This is the fourth time in the past year that the official cash rate has been cut. The big banks have responded to the pressure to pass on the majority of the cuts to…...
March 05, 2020
Beginning 1 January 2020, the Australian Government developed an initiative to support qualified home buyers purchase their first home. Appropriately named, the First Home Loan Deposit Scheme, or FHLDS for those in the know. Directed towards first home buyers on low to middle incomes, the scheme com...
February 11, 2020
The Perth rental market continued its recovery in the December 2019 quarter, with the vacancy rate declining to 2.4 per cent and average days to lease falling to only 39 days - the fastest since March 2015. REIWA Deputy President Lisa Joyce said the last quarter of 2019 showed Perth’s rental ...
February 06, 2020
A much anticipated major television fundraising event, the Channel Seven Perth Telethon has been helping Western Australian children since it began in 1968. Telethon usually runs around 26 hours non-stop, from 6.30pm on a Saturday night in October, broadcasting live across Western Australia on TVW7 ...
February 05, 2020