What the experts say

Caporn Young Estate Agents is predicting a famine of rental properties at the upper end of the Perth property market next month, with some tenants already offering to pay at least $70 more a week than the listed price. James Heath, business development manager of leasing at Caporn Young, said many leases started and finished in January, especial...

PERTH has the tightest rental market of any capital city in the country as tenants pay more than asking price to secure a property. And the competition is intense, with as many as 60 people viewing homes and apartments, real estate agents say. Latest SQM Research figures show Perth had 1119 vacancies in October, or less than 1 pe...

A dwindling supply of commercial properties in Mt Lawley is driving up sale and leasing prices, with a hefty sale price of $5391/sqm recorded recently for a Beaufort Street property. The 473sqm property near the corner of Walcott Street, sold for $2.55 million and selling agent Tino Bruzzese, director of Professionals Michael Johnson and Co said...

Q – I have heard my superfund can actually borrow to purchase property, is that possible?A – Yes, that is correct. Since...

Local property adviser Mark Hay will be holding four free seminars on Saturday, October 22, for people interested in property investment. With 30 years of experience and a portfolio of residential, commercial, rural and tourism properties, Mr Hay will discuss a wide array of property investment strategies. Investors can discover ...

The Australian Investors Association had its national conference this week in Sydney. It has about 2500 members and had 300 turn up for more than 40 presentations about everything from the stock market, to property, estate planning, superannuation, managed funds, ETFs, microcaps, building wealth for children and stock analysis. A...

Question: What's the risk in selling my home myself? Answer: There are many areas of risk. Some of the more obvious are: The correct legal documentation being formally written up and executed correctly so in the event of problems arising on the road to settlement, the purchaser cannot walk away from the deal,&nbs...

A prominent property valuer says WA real estate will soon hit rock bottom before modest growth begins in summer. Valuer Brendon Ptolomey said the 15 per cent drop in listings in the three months to August, taking the number below 16,000, was the first "ray of sunshine" for the sector in a long time. Mr Pt...

Perth residents can expect almost a decade of continuous disruption in the city centre as a range of major infrastructure projects totalling billions of dollars get under way. Work is set to start as early as August to sink a 325m stretch of Perth's railway as part of the Perth City Link. It will take three years and be followed ...

After suffering at the hands of the Global Financial Crisis and the downward pressure felt across the board for the last two years, it now appears apparent that 2011 is shaping up to be a year that will show gains in both the commercial and residential leasing markets.It is also fair to say that 2011 should see a reasonable recovery ...

Interest from Asian investors in WA real estate is the strongest it has been in 15 years, according to a specialist property investment company.Otan Property Funds Management said...

 Latest data from the Real Estate Institute of Western Australia show that late settlements from the September quarter have lifted the median price from that period by $5,000 to $485,000.  REIWA President Alan Bourke said the Institute’s reiwa.com...

WA's top real estate group has called for an overhaul of stamp duty regulations amid revelations that more buyers are paying the top rate now than at the height of the property boom. One in three buyers have paid the top rate of stamp duty this year because th...

The Perth housing market has endured its worst three-month price drop in 20 years, wiping $20,000 off the value of median-priced homes across the metropolitan area.Perth median house prices fell 4 per cent t...

WA's supercharged resources sector has masked a broader tale of malaise as the half of the State's economy that is not connected with mining struggles in the shadows of the global financial crisis.While the diggers, drillers and associated ...

Following on from the last 2 years of disastrous results for the majority of superfunds, many mum & dad investors are now seeking alternative returns from their superfunds. Having witnessed up to 40% capital losses in one year and then to add further insult the superfund was charged “fi...

The median sale price for a house in Perth recently dropped to $490,000, but what exactly does ‘median price’ mean? The median is the middle price in a range of property sales. In other words, if you have a list of sold properties arranged in order of cheapest to most expen...

The results of the RP Data-Rismark Home Value Index for June showed that the unit market has outperformed houses ...

An Australian company has developed a world-first internet platform to help real estate agents market their properties globally.ListGlobally.com acts as a hub for real estate agents to list their offerings on multiple websites around the world.Rather than agents having to list properties separately across many sites, they ca...

There is much discussion about the current constrained supply of land across Australia. Here on the West Coast there has been an ongoing debate between developers and the gate keepers of supply (the bureaucrats on the planning side) as to the actual state of affairs. Depending which side you are on, it&...

Perth’s median house price reached the half-million dollar mark in the March quarter, showing just over 3 per cent growth for this period and lifting the median by $15,000 from $485,000 in the December quarter. Real Estate Institute of Western Australia President Alan Bourke, said it was important to note that much of the r...

  WESTERN Australia may be about 72,500 homes short by 2020 according to a report from Australia's biggest building industry association, the HIA. The Housing Industry Association's `Housing to 2020' report examines current and future levels of housing demand and associated requirements for new homes.HIA WA execut...

The WA property market has reached record median house prices in Perth, Geraldton-Greenough, Kalgoorlie-Boulder, Karratha and Port Hedland.Data released today by the Real Estate Institute of Western Australia shows strong growth across the State in the December quarter for units and houses.Full property report, only in The W...

  The recovery of Perth's property market, which saw house prices plunge by more than 25 per cent in some affluent areas last year, could be stalled by unexpected interest rate rises in 2010, according to a prominent economist.Analysts are already predicting a slow start to 2010 because the housing market has been sucked dry of...

 Perth’s median house price is heading back to the peak level it achieved in December 2007, according to preliminary research by the Real Estate Institute of Western Australia. REIWA President, Alan Bourke, said the Institute’s figures were showing that strong sales turnover among more expensive homes was pulling the metropolit...

New data from the Real Estate Institute of Western Australia is showing a continued swing away from first home buyer activity towards a stronger trade-up market. REIWA Deputy President David Airey said that despite the First Home Owners Boost from the Commonwealth being halved late last year, sales among these buyers remained s...

Perth rents are predicted to increase 11 per cent this year with the average weekly rent hitting up to $400, according to new research.A glut of rental properties on the market kept Perth's average rent at $360 a week throughout last year, but renters could see $40 a week added to the average rent this year.East Perth, ...

PERTH'S median house price is heading back to the peak level it achieved in December 2007, according to preliminary research by REIWA. REIWA President, Alan Bourke, said the Institute’ figures were showing that strong sales turnover among more expensive homes was pulling the metropolitan median price back up to $475,000. more