The Blog

Article originally published on the 28th September 2021 via Reiwa website: https://reiwa.com.au/about-us/news/perth-market-snapshot-for-the-week-ending-26-september-2021/   Sales activity increased 19 per cent in Perth last week, with REIWA members reporting 1,074 transactions. This increase can be attributed to a 10 per cent increase in house sales, a 32 per cent increase in unit sales and an 80 per cent increase […]

Article originally published on the 21st September 2021 via Reiwa website: https://reiwa.com.au/about-us/news/perth-s-inner-city-suburbs-are-a-bargain-compared-to-sydney-and-melbourne/ Perth remains one of the most affordable places in the country to buy a house, which is especially evident when comparing the most affordable suburbs within 10 kilometres of the Perth CBD to the equivalent suburbs in Sydney and Melbourne. CoreLogic data shows […]

Article originally published on the 20th September 2021 via Reiwa website: https://reiwa.com.au/about-us/news/perth-market-snapshot-for-the-week-ending-19-september-2021/   Sales activity increased one per cent in Perth last week, with REIWA members reporting 911 transactions. This increase can be attributed to an eight per cent rise in house sales, however unit and land sales fell by 11 per cent and 19 per cent […]

Article originally published on the 14th September 2021 via Reiwa website: https://reiwa.com.au/about-us/news/west-aussies-encouraged-to–look-west–in-new-reiwa-com-campaign/ reiwa.com has launched a new brand campaign encouraging West Australians to ‘Look West’ for all their property needs. REIWA CEO Neville Pozzi said the campaign was a reintroduction of reiwa.com, the Institute’s online real estate portal, into the WA market. “With our local property market firmly in a recovery phase after a long and sustained downturn, West Australians are excited about […]

Article originally published on the 13th September 2021 via Reiwa website: https://reiwa.com.au/about-us/news/more-than-60-perth-suburbs-record-median-price-growth-in-august/   New reiwa.com data shows 62 Perth suburbs recorded median house sale price growth during August. The Perth property market is usually quite subdued during winter, so it’s impressive that so many Perth suburbs still recorded median house sale price growth. Cooloongup was the top performer Cooloongup recorded the strongest […]

Article originally published on the 13th September 2021 via Reiwa website:  https://reiwa.com.au/about-us/news/perth-market-snapshot-for-the-week-ending-12-september-2021 Sales activity decreased seven per cent in Perth last week, with REIWA members reporting 902 transactions. This decrease can be attributed to a 10 per cent decline in house sales, however unit sales were up three per cent and vacant land sales were up five […]

Article originally published on the 9th September 2021 via Reiwa website:   https://reiwa.com.au/about-us/news/wa-budget-misses-opportunity-for-bold-housing-reform/ The 2021-22 WA Budget lacks bold housing reform, despite the state boasting a record budget surplus of $5.6 billion. REIWA President Damian Collins said the Institute was pleased to see the $875 million investment in social housing and a two-year extension to the […]

Article originally published on the 8th September 2021 via Reiwa –  website  https://reiwa.com.au/about-us/news/house-price-growth-heats-up-in-233-perth-suburbs-during-winter/ Median house sale price growth occurred in 233 suburbs during Perth’s very wet winter this year. REIWA President Damian Collins said winter in Perth was traditionally a quieter time for the local property market, so it was pleasing to see the median […]

Article originally published on the 8th September 2021 via Reiwa website.  https://reiwa.com.au/about-us/news/wa-remains-cheapest-state-for-housing-and-rentals/ Western Australia is once again the most affordable state in Australia for housing and rentals, according to the Real Estate Institute of Australia’s Housing Affordability Report. Residential sales market Although overall affordability declined in WA during the June 2021 quarter, WA remains the most affordable state in the country for […]