Increased stamp duty thresholds introduced for first home buyers by the WA Government – From 21st March 2025

Increased stamp duty WA has witnessed continued price growth over the past couple of years which has been mainly due to a rise in the demand for houses led by solid population growth...

Federal Government budget 2025-26 introduces measures for cost of living, housing supply and its affordability

Federal Government budget Federal government has deeply focussed on the cost-of-living crisis in its 2025-26 budget with providing tax relief, attempting to curtail inflation and interest rates, more affordable and accessible medical bulk...

RBA not yet sure of launching a series of interest rate cuts as it focuses on US tariffs and policy settings

interest rate cuts The market has been expecting the Reserve Bank of Australia (RBA) to give more relief by throwing in more interest rate cuts. But the assistant governor of RBA has said...

COVID-19, five years since and the changes it has brought to the housing market

housing market World Health Organisation declared COVID-19 as a global pandemic on 11th March 2020. It has been five years since but the influence of COVID-19 can still be felt on Australian Real...

Clearance certificates – name mismatching causing delays in getting clearance certificates thus putting 15% of sale price at risk

Clearance certificates Since the new legislation was brought on 1st January 2025 all Australian residents selling real estate are required to obtain a clearance certificate from the Australian taxation office.   It has...

Industrial and retail sectors emerged as the top performers in 2024 with 15.1 percent rise in median sale price per square metre

Industrial and retail sectors Breaking down the commercial property market into industrial, retail and office, below is what we can notice.   Industrial: Greater Perth region by the end of December 2024 saw 1,016...

Majority real estate professionals expect the house prices to rise further in 2025

house prices to rise The foundation of increased buyer activity was laid in late 2024 which saw the beginning of economic recovery. Despite challenges in supply, housing demand in later 2025 is expected to...

National Home Value Index sees a rise in home values in February 2025 with Hobart and Melbourne in the lead

National Home Value The largest monthly gain in home values across all capital cities has been recorded in Hobart and Melbourne where both the cities recorded 0.4 per cent rise. This increase in...

Buying property? Timing the market isn’t the best idea – ‘Time in the market is’

Buying property Predictability in real estate is hard as the market moves in cycles. There are multiple micro markets within Australian property market, and it would make all the sense to invest...

Declining Foreign Investment in Australian Real Estate

foreign investment China is the biggest foreign investor in Australian residential property market and its contribution to Australian residential real estate has seen a declining trend since late 2023 which has been...

Perth’s rental vacancy rate highest in the last four years

rental vacancy rate Perth’s current rental vacancy rate stands at 2 percent which was last seen in June 2020. Rental vacancy rate is a clear result of demand and supply, with investor’s newly...

Impressive persistence shown by regional properties as compared to capital cities

regional properties According to a recent report the values of regional properties have grown by 1 per cent clearly outshining the property values in capital cities which saw a negative dip of...

What steps to take to keep your property safe in a bushfire zone?

property safe in a bushfire zone Its everyone’s responsibility to prepare their property for the bushfire season. Anyone with a property in a bushfire prone area must understand the bushfire warnings. There are three levels of...

Which areas will benefit the most from the expected rate cuts?

expected rate cuts Undoubtedly, a cut in interest rates will boost consumer confidence and the housing market in 2025 by increasing consumers borrowing and spending capacity thus making housing a more attractive investment....

Commissioner’s decisions regarding permissions for keeping pets and minor modifications to the property now available on DEMIRS website

minor modifications to the property All rental disputes between the tenant and the landlord can be resolved by the commissioner for consumer protection. In light to the WA’s new rent reforms, made over the past...