The Federal Government handed down its 2025-26 Budget last night. It included several measures addressing housing supply and affordability. The key initiatives are summarised below.
REIWA CEO Cath Hart has welcomed the WA Government’s announcement of increased stamp duty thresholds for first home buyers.
“REIWA has consistently been advocating for an increase to the stamp duty thresholds for first home buyers,” Ms Hart s...
Perth’s median house sale price rose 1.0 per cent in February to $757,750. This was 22.2 per cent higher than February 2024.The median unit sale price also rose, increasing 2.0 per cent over the month, and 21.4 per cent year-on-year to $...
With the Reserve Bank of Australia (RBA) having finally cut the cash rate this week after 14 months, it's time to get proactive to ensure you're getting the best deal.
The RBA Continue reading...
A survey on leading WA real estate portal reiwa.com has shown stamp duty is considered a significant barrier to home ownership, particularly for first home buyers and downsizers.
REIWA CEO Cath Hart said REIWA’s Housing Issues Survey had received nearly 15,000 respo...
Sales transactions in Perth last week were up 5.7 per cent on the previous week, with REIWA members reporting 1,008 transactions. A closer look shows house sales were up 6.2 per cent compared to the week prior and land sales we...
Set to be completed by 2026 the Long Point Brewing Co. development will include a two-storey brewpub, which will be home to an independent craft brewery, restaurant, function space and short stay accomodation.
This two-storey brewpub will boast an independen...
As seen in The West Real Estate
Despite the increase, Perth remained one of the most affordable capitals based ...
The Perth property market’s Spring selling season has kicked off with active* listings for sale in Perth rising 8.4 per cent in September, settling at 3,952 by the end of the month. REIWA CEO Cath Hart said new listings had increased compared to the months leading up to th...
Sales transactions in Perth last week were down 0.9 per cent on the previous week, with REIWA members reporting 811 transactions. A closer look shows house sales were similar to the week prior while unit sales were down 1...
Sales transactions in Perth last week were up 5 per cent on the previous week, with REIWA members reporting 833 transactions. A closer look shows house sales were up 1.4 per cent compared to the week prior and unit ...
Rental scams can have devastating impacts on your life, financially and emotionally.
With this week marking Scams Awareness Week 2024, it’s a timely reminder to stay vigilant, use trusted sources and listen to your instincts when looking for a rental pr...
"Sales transactions in Perth last week were down 1.1 per cent on the previous week, with REIWA members reporting 841 transactions."
Sales transactions in Perth last week were down 1.1 per cent on the previous week, with Continue reading...
The long-term tightness in the Perth rental market has been slowly moderating, with median rents unchanged since March.
According to REIWA’s latest data, the median weekly dwelling and house rents held steady at $650 in June, w...
Sales transactions in Perth last week were up 11.4 per cent on the previous week, with REIWA members reporting 911 transactions. A closer look shows house sales were up 4.9 per cent compared to the week prior, unit sales were ...
Sales transactions in Perth last week were up 1.8 per cent on the previous week, with REIWA members reporting 828 transactions. A closer look shows house sales were up 4.8 per cent, unit sales were similar to the week prior an...
A 20 per cent increase in Perth’s median house sale price from January until the end of the year is a very real possibility, according to REIWA’s 2024 property market quarterly update.
After many months of engagement and advocacy, the WA Parliament has passed the Residential Tenancies Amendment Act 2024.
Thank you to our members, particularly REIWA’s Property Management Committee, for your tireless input and feedba...
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Investor activity in the property market grew in 2023, with the number of new housing loans to investors 10.4 per cent higher than 2022 and 37.3 higher than 2021, according to the latest lending data from the Australian Bureau of Statistics.
Monthly loan figures peaked at...
Sales transactions in Perth last week were up 5.2 per cent on the previous week, with REIWA members reporting 1,054 transactions. A closer look shows house sales were up 2.2 per cent compared to the week prior, unit sales were up 3.3...
Investor activity in the property market grew in 2023, with the number of new housing loans to investors 10.4 per cent higher than 2022 and 37.3 higher than 2021, according to the latest lending data from the Australian Bureau of Statistics.
Mont...
At the end of January there were 3,738 properties advertised for sale on www.reiwa.com. A year ago, there were 7,104. Five years ago there were 16,571.
Is there shortage of homes for sale? It might look like it, but the answer is n...
Sales transactions in Perth last week were 25.5 per cent higher than the previous week, with REIWA members reporting 984 transactions. A closer look shows house sales were 36.3 per cent higher than the week prior, unit sales were do...
Both median house and unit sale prices rose in January.
Houses recorded a median sale price of $600,000, up 1.7 per cent on the $590,000 reported for December and 9.9 per cent higher than January 2023.
The median ...
WA’s house prices will achieve moderate price growth over 2023, with the median potentially reaching $580,000 by the end of the year, according to REIWA’s 2023 property market quarterly update.
Rents are also expected to rise further. ...
