Vines to the Valley

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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Buyer surge as Perth becomes most Googled

Perth is the most Googled Australian city for prospective homebuyers and buyer activity is tracking 40 per cent higher than at the same time last year. The Real Estate Institute of WA (reports that nearly half of Perth’s suburbs recorded price growth in August and listings are continuing to tighten across all property types. Search …

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Hotline for landlords as rent laws extended

Hotline for landlords as rent laws extended A hotline for landlords has been created to help with pandemic-related tenancy issues, following the decision to extend the moratorium on rental increases until March 28, 2021. The emergency residential tenancy laws are helping those in private and public housing, residential long-stay parks, as well as boarders and …

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How technology is changing real estate

Technology has been transforming the real estate industry for some time and the restrictions and disruptions caused by COVID-19 have only served to accelerate the pace of change. From virtual appointments to digital signage and from online listings to sophisticated data mining, technology has given real estate agents new and effective ways to connect people …

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Buyers should act sooner rather than later

Western Australia is still the most affordable State in the country to buy or rent a property. REIWA President Damian Collins said consistent strong demand meant it was now a favourable time for both homebuyers and investors to get into the market before prices started to pick up. “This is an exciting time for potential …

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