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 …
Perth’s rental market’s vacancy rate is now at its lowest in 12 years. REIWA President Damian Collins said the rate had dropped to 1.6 per cent in a market where around three per cent is generally considered to create a good balance between supply and demand. “The vacancy rate has remained below three per cent …
House-hunting rules to live by We’re in the midst of some pretty perfect buying conditions right now, but that doesn’t mean you shouldn’t do your homework. Jones and Co director Kelly Jones said prospective homebuyers should try not to get caught up in a buying frenzy. “Find an agent you trust, develop a strategy and …
This tight rental market can be tough for tenants with pets, but there can benefits for landlords who allow furry friends on their tenancy agreement. Landlords should discuss the pros and cons of this decision with an experienced property manager before signing a lease. The team at Jones and Co have come up with some …
West Australians returning to their home State are adding to the current high demand for rentals. Real Estate Institute of Western Australia (REIWA) data for the June quarter shows the number of properties for lease shrank by 27 per cent. Jones and Co director Kelly Jones said rental listings in the Perth metropolitan area were …
Real estate industry leaders are urging Western Australia’s major political parties to follow Canberra’s lead and abolish stamp duty. Jones and Co director Kelly Jones said Canberra was leading the nation on stamp duty reform, but in Western Australia the tax remained the most substantial barrier to homeownership. She said a buyer of a $500,000 …
WA urged to follow Canberra’s lead on stamp duty reform Read More »