Search Results for: REIWA
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NEWS
Tom Esze hammers it home to take out REIWA’s Auctioneering Championships
Tom Esze from Tom Esze Auctions has taken out the Gift of the Gavel at the annual REIWA Auctioneering Championships this week. Held at the Wembley Golf Course, the 2019 championships showcased Western Australia’s best talent in the auction space under two categories – novice and senior. REIWA President Damian Collins said as auctions continue to grow momentum for the unique…
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NEWS
REIWA calls for WA to take action and abolish stamp duty
REIWA has welcomed Productivity Commission Chairman, Michael Brennan’s recommendation for state governments to abolish stamp duty and has strongly urged the Western Australian government to take action. REIWA President Damian Collins said stamp duty was an inefficient tax and one of the biggest imposts to home ownership. “Despite WA currently being the most affordable state in the nation, many still…
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NEWS
Leasing activity up 13 per cent in May: REIWA
New reiwa.com rental data has revealed Perth tenant activity increased 13 per cent in May, with 4,316 properties leased during the month. REIWA Deputy President Lisa Joyce said activity in the Perth rental market had enjoyed a strong rebound this month, following a more subdued April. “In May, the suburbs that saw the biggest spike in leasing activity were Warnbro,…
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NEWS
REIWA supports Western Australians sleeping rough
The Real Estate Institute of Western Australia (REIWA) is working with the Salvation Army in support of the charity’s 2019 Sleeping Bag Appeal. The annual initiative provides warm sleeping bags and blankets for those doing it tough on the streets of WA and REIWA has been involved with the appeal for the past five years. “Most of us take for…
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NEWS
REIWA continues to push for Perth City Deal
REIWA is calling on all parties contesting the federal election to commit to prioritising a City Deal for Perth, if elected. REIWA President Damian Collins said since the Federal and Western Australian Governments signed a Memorandum of Understanding (MOU) to negotiate a City Deal for Perth back in April 2018, there has been no action. “We’ve been waiting for Perth’s…
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NEWS
REIWA launches ‘What about WA?’ campaign
In the lead up to the federal election, REIWA has launched its ‘What about WA?’ campaign, which aims to ensure Western Australia is not overlooked when election commitments concerning the real estate industry are made. According to REIWA President Damian Collins, the government has had a track record of applying blanket national policy settings, targeted at the east coast, without…
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NEWS
Western Australia takes a step in the right direction for housing diversity according to REIWA
REIWA has commended the McGowan Government on its decision to approve the City of Fremantle’s amendments to its Local Planning Scheme to enable greater housing choice. The plan states that lots between 600 and 750 square metres will now be allowed a maximum of three dwellings, including existing dwellings. While lots over 750 square metres will be allowed an additional dwelling…
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INDUSTRY NEWS
National rental report does not paint full picture of tenant experience: REIWA
A report from consumer watchdog CHOICE, together with National Shelter and The National Association of Tenant Organisations, claims that over 50 per cent of tenants are living in properties that need repairs. However, industry bodies say the report isn’t reflective of the full story. According to REIWA, the issues raised in the Disrupted: the consumer experience of renting in Australia report are…
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INDUSTRY NEWS
REIWA encourages Aussies to dig deep for the homeless this holiday season
As proud partner of The Salvation Army, REIWA is encouraging West Australians to get behind the Salvos’ Annual Christmas Appeal to help bring holiday cheer to the homeless in WA this festive season. REIWA President Damian Collins said there were a number of ways the local community could get behind the Salvos’ Christmas Appeal. “You can donate unwrapped gifts or…
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INDUSTRY NEWS
2018 REIWA Awards for Excellence winners announced
More than 430 real estate professionals attended the REIWA Awards for Excellence on Wednesday 25 October at Crown Perth, to celebrate and acknowledge excellence in the WA real estate industry. REIWA CEO Neville Pozzi said the Awards for Excellence were a unique opportunity for the Institute to acknowledge those WA real estate professionals who demonstrate best practice in their chosen…
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INDUSTRY NEWS
Foreign Owner Duty Surcharge a disappointing blow for WA property market: REIWA
REIWA is disappointed that the members of WA Parliament have ignored the concerns of the property industry by voting to pass the Foreign Owner Duty Surcharge tax. REIWA President Damian Collins said the new tax would likely have significant consequences for the WA property market, which was just starting to show signs of recovery. “The WA property market has endured a…
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INDUSTRY NEWS
Damian Collins elected new REIWA President
The REIWA Council has elected Damian Collins as the Institute’s new President. Following Hayden Groves’ announcement last week he would be finishing his term as President, the 2018-19 REIWA Council met on Thursday 4 October and elected Mr Collins to the Institute’s top position. Mr Collins has served on the REIWA Council since 2011 and as Deputy President since 2015. He…
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INDUSTRY NEWS
Hayden Groves finishes his term as REIWA President
At REIWA’s 100th Annual General Meeting, held at Fraser’s Restaurant in Kings Park on Tuesday, Hayden Groves announced he would be finishing his three-year term as President on Thursday 4 October. Mr Groves, who will remain on the REIWA Council, was elected as President in 2015, having served on the Council since 2010. “The past three years have been extremely…
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INDUSTRY NEWS
reiwa.com awards celebrate best of the best in WA real estate
Over 550 real estate professionals and guests attended the 2018 reiwa.com Awards Ball at Crown Perth on Saturday 25 August, which celebrated WA’s top performing agents in the 2017-18 financial year. REIWA CEO Neville Pozzi said the reiwa.com Awards recognise WA’s top selling agents and agencies. “Western Australia has some of the best and brightest real estate professionals in the…
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FRANCHISE NEWS
Reiwa.com launches app to make it easier for buyers to find property in WA
reiwa.com has launched a new app which makes searching for property in WA easier. REIWA CEO Neville Pozzi said the reiwa.com app provides West Australians with a convenient way to find their dream home, investment property or rental accommodation. “The WA public can take their property search on the go, using an array of intuitive features that make searching for…
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INDUSTRY NEWS
Adam Piller wins 2018 REIWA Auctioneering Championships
REIWA’s annual Gift of the Gavel Auctioneering Championships concluded yesterday, with Adam Piller from Caporn Young Estate Agents taking out first place. REIWA CEO Neville Pozzi said the Auctioneering Championships showcased WA’s talent in the auction space. “While auctions remain a niche segment of the Western Australian sales market, they are becoming increasingly popular with sellers who are wanting their…
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NEWS
REIWA releases list of top post-boom Perth cities
Alkimos, Golden Bay and Trigg have topped reiwa.com’s list of the seven Perth suburbs recording higher house sales volumes now than they did during the ‘boom’. REIWA President Hayden Groves said while overall house sales volumes had declined in Perth since 2014, there were seven suburbs that had bucked this trend to record increases in activity. “For some of the relatively…
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INDUSTRY NEWS
REIWA celebrates 100 years of WA real estate
The Real Estate Institute of Western Australia and the State Library of Western Australia are presenting a public exhibition celebrating a century of REIWA service. REIWA CEO Neville Pozzi, said the centenary was a major milestone in the Institute’s history and he was delighted to be able to share how REIWA has grown and positively influenced the state over the…
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INDUSTRY NEWS
The worst is over for Perth property market: REIWA
REIWA President Hayden Groves says conditions in the September quarter had mirrored those experienced in the June quarter, which indicated the Perth property market may have finally found its floor. “We’ve observed six months of stable conditions, with both the June and September quarters posting consistent results. Historically, before a market improves there is a sustained period of level stock,…
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INDUSTRY NEWS
REIWA Information Service in high demand from tenants, landlords, buyers and sellers
REIWA Chief Executive Officer Neville Pozzi said the volume of calls placed to the REIWA Information Service so far in 2017 had exceeded those received at the same time last year. “The REIWA Information Service provides West Australians with direct access to local experts in the real estate industry who can educate them on areas they are unsure about and…
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NEWS
Haydn Groves reappointed REIWA president
The REIWA governing Council has re-elected Hayden Groves as the Institute’s President after his term officially ended in September. REIWA CEO Neville Pozzi offered his congratulations to Mr Groves on his re-election. “Mr Groves has provided exceptional leadership to the Institute over the last couple of years, and I’m delighted to have him on board for REIWA’s 2018 centenary year,”…
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INDUSTRY NEWS
Perth’s stable house and rent medians good news for the market: REIWA
REIWA President Hayden Groves said it was encouraging to see the median price remain firm across both sectors of the Perth property market. “The stable medians are good news and indicate that seller’s and landlord’s expectations are matching those of buyers and tenants,” said Mr Groves. According to the latest reiwa.com data, listings for sale have continued to trend marginally…
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FRANCHISE NEWS
Ray White wins Top Franchise Group in WA at REIWA.COM Awards
More than 700 real estate professionals and guests attended the 2017 reiwa.com Awards Ball at Crown Perth on Saturday night, which celebrated WA’s leading real estate agents and recognised them for their achievements in 2016-17. Ray White WA chief executive officer Mark Whiteman said he was delighted his network won the top honour at the esteemed REIWA.COM awards. “This is…
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INDUSTRY NEWS
Perth rental market subdued in June qtr, annual leasing figures remain strong: REIWA
REIWA President Hayden Groves said although activity had dropped off across the metro area in the three months to June, annual activity levels had continued to improve. “The data for the June quarter 2017 clearly shows an uptick in activity on an annual basis across the board, which is pleasing. We’re seeing notably more properties being leased now than we…
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NEWS
REIWA calls for tax reform in 2017-18 State Budget
In its 2017-18 pre-budget submission, REIWA has cautioned the Treasurer against targeting the property sector with increased taxes, recommending they introduce incentives for first home buyers of established properties and seniors over the age of 65 to help raise much needed funds for the State. REIWA President Hayden Groves said this was not the time to consider raising property taxes,…
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NEWS
REIWA partners with CoreLogic to provide recent WA sale data
A new partnership between REIWA and CoreLogic means the recent sales results reported on reiwa.com will now appear within RP Data Professional, giving agents access to accurate data within one of Australia’s best property data and analytic platforms. CoreLogic CEO Lisa Claes said the partnership was in works for a number of years. “We are absolutely delighted that now our…
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NEWS
REIWA: Perth market showing signs of stabilising
REIWA President Hayden Groves said that, while conditions remained softer, there were some positive indications the market had finally begun to settle. “We’re certainly not experiencing the steep declines across the board we once were. Although no one can accurately ascertain the future of the property market, the signs are there that we have finally found, or be very close…
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INDUSTRY NEWS
REIWA: Perth properties selling faster by auction than private treaty
Perth sellers struggling to sell should look at going to auction, with the Real Estate Institute of WA revealing it was 42 days faster to sell by auction in the metropolitan area than by private treaty in the three months to June. REIWA President Hayden Groves said that, while auctions represented a small component of the Perth property market, those…
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NEWS
New $270 levy for WA investors is irresponsible, REIWA
REIWA has slammed talk of introducing a $270 levy for investors as a means to help raise revenue and fix the State Budget as short sighted and irresponsible. REIWA Councillor Suzanne Brown said it was extremely disappointing the industry was not consulted about this policy change. “The private rental market is crucial to the provision of rental accommodation in WA,…
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INDUSTRY NEWS
REIWA wants Labor to do more in addressing housing affordability in the state
The Real Estate Institute of Western Australia (REIWA) hopes the new Western Australian Labor-led government would look at more ways of addressing housing affordability. REIWA President Hayden Groves said it is important in particular for Labor to address the barrier state property taxes, like transfer duty and land tax aggregation rules, have on the buying and investing decisions of the…
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NEWS
REIWA: February Sales Activity Increases In Perth
Sales activity in the Perth metro region rose in February, with the Real Estate Institute of Western Australia (REIWA) data showing that volumes were up by eight percent compared to January. REIWA president Hayden Groves said the improve activity in February was welcoming after the traditional lull between the Christmas and New Year holiday period. “It’s good to see buyers…
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NEWS
REIWA and COTA commend Barnett Government for committing to $15,000 concession for WA seniors
The Real Estate Institute of Western Australia (REIWA) and Council on the Ageing (COTA) have come together to campaign for transfer duty reform for the elderly, and have welcomed the Barnett government’s announcement that it will commit to a $15,000 transfer duty concession for seniors if re-elected. REIWA president Hayden Groves said he was happy that the current state government…
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NEWS
REIWA says Labor’s new proposed property tax will hurt WA
The Real Estate Institute of Western Australia (REIWA) is unhappy with the Australian Labor party’s plans of wanting to tax foreign buyers in the future. REIWA president Hayden Groves in a statement on Monday said he was surprised by the additional tax charge for foreign buyers was announced by Labor reps on Sunday. as it was done without seeking the advice from…
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INDUSTRY NEWS
REIWA CEO celebrates 40 years in the job and reflects on evolution of Perth property market
The Real Estate Institute of Western Australia (REIWA) longest running employee and CEO, Neville Pozzi, is amazed at how the Perth real estate market had transformed since he started working for the association 40 years ago. “When I began at REIWA in 1977 as an accountant, Perth’s median house price was just $33,800. A far cry from the prices we…
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NEWS
REIWA welcomes state govt’s commitment not to increase or introduce new state taxes if re-elected
The Real Estate Institute of Western Australia (REIWA) is satisfied that the current state government has given its word not to add any new taxes or raise existing ones should they be re-elected on March 11. REIWA president Hayden Groves said the commitment put forward by the Colin Barnett Liberal government would be a welcome relief for the state’s home…
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