WA
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WA skills shortage could lead to an affordability crisis
A new Property Council report has revealed 35 per cent of new apartment developments are on hold across Perth due to the impact of the state’s ongoing skills shortages. …
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Perth’s top 10 suburbs for price growth revealed
The Real Estate Institute of Western Australia (REIWA) has revealed the top 10 Perth suburbs with the greatest price growth in 2021, with Woodlands leading the charge. …
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83 Perth suburbs record December house price growth
House prices in more than 80 Perth suburbs jumped as much as 6.2 per cent in December, with property market experts tipping the trend to continue well into 2022. …
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The best in the west: luxury homes in WA
From sparkling in-ground pools to water views, teppanyaki plates and circular glass showers, a lot of luxurious homes have sold in Western Australia in the past 12 months. If you have an address in western Perth’s affluent suburb of Peppermint Grove you’re almost guaranteed to make the list of the state’s most luxurious sales, while Mosman Park is another standout suburb. …
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REIWA’s 2022 predictions for Perth’s housing market
Perth house prices will rise a further 10 per cent in 2022, according to REIWA’s latest figures, which show Western Australia’s strong property market is set to continue. The prediction comes off the back of a strong 2021 that saw Perth’s property prices rise by 14 per cent. REIWA President Damian Collins said despite the strong price growth recorded in 2021, …
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Perth property market gears up a notch
Perth has enjoyed its fourth consecutive month of increased sales activity, with a 9 per cent rise in volume during November, while price growth is also keeping pace. …
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Spring selling sees surge in Perth listings
The number of houses on the market has jumped across Perth as sellers ‘take advantage of Perth's strong market conditions.’ …
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Regional property prices continue to climb in Western Australia
House prices across regional Western Australia are continuing to gain momentum after a strong period of growth. …
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The Perth suburbs where units are out performing houses
The Perth housing market has been gradually trending higher over the past 18 months and it now appears that the unit market also gaining momentum …
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Perth house prices rose 18 per cent in the last 12 months
oreLogic has announced a revision of its Perth home value index, confirming the Western Australian capital has seen an increase of 18.1 per cent above in the past 12 months. …
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Perth’s most affordable house prices compared to Melbourne and Sydney
Perth is known to be one of the most affordable cities in Australia to buy a house, but nothing makes this more evident than looking at the equivalent suburbs in pricier Sydney and Melbourne. …
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Western Australians are encouraged to ‘look West’ in new REIWA media campaign
A new advertising campaign encourages Western Australians to 'look West' on reiwa.com.au for their property needs. …
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REIWA says State Budget misses opportunity for bold stamp duty reform
REIWA has voiced its disappointment that the WA Budget lacks bold housing reform, despite the state boasting a record budget surplus of $5.6B …
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The Agency celebrates their second consecutive win of REIWA’s top large office award
The Agency has further established their position as a leader in Western Australia, taking home the coveted prize of top office for the second consecutive year. …
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WA real estate’s best celebrated at 2021 reiwa.com Awards Ball
The Real Estate Institute of Western Australia has celebrated the state's top agents at the 2021 reiwa.com Awards Ball. …
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New accreditation program helps Western Australians find the best agents
REIWA launched its Accreditation Program to help West Australians easily identify agents who are specialists in their field. …
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The Perth suburbs where it’s cheaper to buy than rent
It cheaper to buy a home than rent in 112 Perth suburbs, according to the REIWA. …
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Stamp duty reform could be key to relieving housing affordability pressures
The Real Estate Institute of Western Australia (REIWA) has urged the State Government to commit to stamp duty reform in its 2021-22 Budget, given the state’s strong financial position. REIWA claimed stamp duty has remained the biggest financial hurdle for Western Australians looking to buy property. REIWA President Damian Collins said while stamp duty was an important revenue earner for the WA Government, …
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Perth’s current property growth rate is almost twice as high as the previous cycle
Perth's market recovery is tracking at an average growth rate of 0.9 per cent per month, according to REIWA …
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WA real estate agents raise $1 million to combat homelessness
WA real estate agents have partnered with the Salvation Army's Community REInvest program to assist people experiencing homelessness. …
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Perth buyers soak up listings despite wet conditions in July
Perth's wet weather hasn't dampened buyers' interest, according to REIWA. …
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Western Australian regional centres enjoy a spike in house prices
Eight of WA's nine regional centres have experienced growth in median house sale prices throughout the June 2021 quarter. …
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Western Australia’s commercial property market is thriving
The commercial property market in Western Australia has risen from the ashes in the last financial year, according to Ray White. Ray White Commercial research has found Western Australia (WA) has greater certainty across all sectors, with tenants again occupying premises, business up and running, and low interest rates. Ray White head of research Vanessa Rader, in conjunction with Ray White Commercial WA directors Stephen Harrison and Chris Matthews, …
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Paulette Contessi: Going her own way
Paulette Contessi honed her customer service skills running her own restaurants, events and recruitment companies, but it’s real estate where she found her true calling. …
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Perth vacancy rates hit the highest level since August last year
With an increase of 1.2 per cent in June 2021, the Perth vacancy rate is at the highest level seen since August last year. …
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First home buyers fuel sales volume surge in Perth’s more affordable suburbs
Ridgewood, Madora Bay and Two Rocks are amongst the 10 Perth suburbs that have seen the biggest percentage increase in sales activity during the 2020-21 financial year. Real Estate Institute of Western Australia (REIWA) President Damian Collins said six of the 10 suburbs had more than doubled their sales tally in the 2020-21 financial year, compared to the 2019-20 financial year. …
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Top 10 Perth suburbs to see the biggest median house sale growth
Real Estate Institute of Western Australia (REIWA) data has revealed the 10 Perth suburbs to have seen the biggest growth to their median house sale price. …
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Perth home values continue to climb in first half of 2021
Perth home values increased seven per cent in the first half of 2021, according to the Real Estate Institute of Western Australia (REIWA). REIWA President Damian Collins noted while the Perth home value index for June had only increased 0.2 per cent, the cumulative growth over the first six months of the year had been substantial. “Although the June price growth rate is the smallest we have experienced this year, …
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Micro-nation Hutt River hits the market for the first time in 50 years
If you’re looking to find a safe haven from lockdowns, you might be in the market for an entire micro-nation. The historic Hutt River Province in Western Australia (WA), which once operated as a sovereign micro-nation complete with its own stamps and currency, has hit the market. Located 40km north of Northampton in WA’s North, the property comprises more than 6100ha of farmland and a number of small huts. …
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Realestate 88 principal qualifies for REIWA Hall of Fame as a triple award winner
The Real Estate Institute of Western Australia (REIWA) awarded Realestate 88 Inner City Principal Brendon Habak the Top Residential Sales Agent of the Year 2021 for the third year running. Last month’s ceremony saw Mr Habak grace the stage for the third time in a row, as he took out the major REIWA award. Mr Habak was rewarded for going above and beyond for his team and clients, …
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WA extends its rent relief scheme
The WA State Government has extended the Residential Rent Relief Grant Scheme (RRRGS) which aims to help tenants facing financial hardship. …
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235 Perth suburbs have median rents below their peaks
The Perth rental market is significantly more affordable than it used to be, with reiwa.com analysis showing 235 suburbs had median house rents below their peak prices in May 2021. REIWA President Damian Collins said the vast majority of Perth suburbs were more affordable for tenants than they used to be. “reiwa.com analysis shows 201 of the 235 suburbs had median house rents 10 per cent cheaper than their previous peaks, …
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Sales double in Perth suburbs as first-home buyer activity ramps up
New sales data reveals 10 Perth suburbs have more than doubled their sales volumes in the past year. The Real Estate Institute of Western Australia (REIWA) confirmed the March quarter saw strong sales growth across Perth. There was a 31 per cent increase when compared to the March 2020 quarter, but 10 suburbs stood out with more than 100 per cent sales activity growth during that time. …
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2021 REIWA Awards for Excellence winners announced
More than 400 Western Australian real estate professionals attended the REIWA Awards for Excellence at Crown Perth on Friday 21 May to celebrate and acknowledge the industry’s best and brightest. …
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REIWA predicts state’s property values to climb higher than first thought
The Real Estate Institute of Western Australian has revised its growth predictions for the state’s property market, with its new forecast tipping values will rise by 15 per cent this year. …
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