Coastal Waters

Rental moratorium: Where are we at?

With just over three months until Western Australia emerges from its rental moratorium, landlords are being urged to turn their attention to what they need to do to prepare. The moratorium, which ends on March 28, was introduced by the State Government to stop tenants from being dumped onto the rental market during the pandemic. …

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Renewed calls for stamp duty reform

Low interest rates and a stable pandemic environment means Western Australia is experiencing one of the strongest real estate markets in the country. But, according to Jones and Co director Kelly Jones, the market could be even more buoyant if the stamp duty barriers weren’t so prohibitive. “We meet many locals who would appreciate the chance to …

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Property market set for open border influx

With the borders now open, there’s no festive lull in sight for the Perth property market. Jones and Co director Kelly Jones said her team was preparing for the market influx and a significant pressure on prices over the next six months. “And WA’s border opening up also means there’s potentially even more people in …

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Strong growth forecast for property in 2021

WA’s property market is expected to experience steady growth in 2021 in both rental and sales markets, according to the Real Estate Institute of WA. REIWA 2021 Outlook figures released today indicate Perth rents are forecast to increase 10-15 per cent next year and house prices 6-10 per cent because of strong demand, record low …

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How to switch from tenant to homeowner

With interest rates at record lows and fierce competition for rental properties, many long-term tenants are thinking the time is right to take the homeownership plunge. Jones and Co director Kelly Jones said she was finding an increasing number of tenants were comparing what they were currently spending on rent with mortgage repayments and were …

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Top tips to get your home market ready

It’s the season to sell according to the latest Real Estate Institute of WA (REIWA) data which shows houses sold in spring were snatched up much faster than any other time of year. Jones and Co director Kelly Jones agrees that late Spring, early Summer provide optimum selling conditions. REIWA figures show that selling a house in WA in spring 2017 took a median of …

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