COMMUNITY & SOCIAL HOUSING
PERTH’S home prices are tipped to grow by up to 10% this year according to a leading property organisation, with the western capital roundly expected to again...
Based on current conditions, REIWA is expecting between five and 10% growth in Perth. That will follow on from prices skyrocketing by 24.2% growth in 2024, with the...
REIWA CEO Cath Hart said there had been a lot of talk about falling prices and buyer’s markets on the east coast, but conditions in Perth still favoured sellers and...
While some of the urgency seen in 2024 has eased slightly, demand for established housing remains high, with properties still selling quickly...
Western Australia’s Cook government has just expanded a grant scheme that now allows first home buyers access to $2,000 for purchases of up to $500,000...
Hart said that while moderate growth was forecast for 2025, there were a couple of factors that could impact market activity in the first half of the year, including the state and...
We know market activity often slows in the lead up to elections as buyers and sellers wait to see the outcome. This is especially so when housing is one of the key policy areas...
The ongoing debate over when interest rates will be cut is currently causing some hesitancy in the market. Should interest rates decline in the coming months we are likely to...
Domain is forecasting Perth to again forecast lead national growth this year with an 8% to 10% increase, putting it close to a median house price of $1 million...
Rental market eases
Supply and demand shifts allowed for the strained rental market to ease throughout 2024, with rent prices experiencing periods of stability as a result following several years of...
On the demand side, people adjusted to rising rent prices and the difficulty finding a property by seeking cheaper and smaller rentals. We also saw an increase in...
The median dwelling rent hit a new high of $650 per week in April, and remained stable for the remainder of the year, finishing 8.3% higher than at the end of 2023...
Hart said more rent price growth was likely in 2025, but the growth rate was expected to be lower than 2024, as more investor-owned new builds currently under construction are...
Bunbury was the top performer in 2025, with a 27.3% increase in its median house price, offering good employment opportunities, while improving medical facilities and...