October 30, 2017
The detached house on a quarter acre block with a Hills Hoist in the backyard was always the typical Australian dream. But with units accounting for around 46% of all residential construction, significantly more in our major capital cities, it’s clear that more of us are now considering life in an apartment.
To upload a copy of the QBE Australian Housing Outlook 2017 – 2020 please click here
October 26, 2017
Author – REIWA President Hayden Groves
Much has been made in recent times about the WA rental market favouring tenants. While it certainly is a good time to rent and tenants do have a healthy supply of stock to choose from, this does not mean prospective investors should be deterred from utilising property investment to help secure their future.
First and foremost, real estate markets are cyclical. While at present…
Katie McDonald – BNW
Perth’s house prices are forecast to grow by 3 per cent over the next three years, according to QBE Insurance Group’s latest Housing Outlook Report for 2017-2020.
Released today, the QBE- commissioned BIS Oxford report forecasts that the majority of Australia’s cities will experience house price growth, with just Sydney’s house prices expected to flatten (-0.2 per cent) by 2020.
It is estimated the excess in…
October 17, 2017
There has been a long held belief that Perth homebuyers and investors have been resistant in transitioning to apartment living, but a survey by the WA Apartment Advocacy (WAAA) group suggests there has been a quantum shift in this opinion.
The poll was conducted at the 2016 Royal Show and was the first of its kind in WA. The respondents reflecting a cross section of the community including participants from…
October 13, 2017
Ah, the internet. Don’t you just love it? Full to overflowing with so, so much information! And plenty of it is dedicated to property.
It’s information overload, and all anyone needs to add to it is a computer and a connection. That’s right, you don’t need qualifications or actual knowledge – anyone can write anything about anything and put it up on the internet as ‘research’. Isn’t freedom of speech…
October 2, 2017
Shane Wright, PerthNow
THE slide in Perth house prices is continuing but showing signs of finally coming to an end as concerns grow the Sydney market has stalled.
Figures from CoreLogic, released this morning, shows values of Perth houses fell by 0.1 per cent through September.
Over the past three quarters, values slipped by 1.6 per cent while over the past 12 months they have edged down by 2.9 per…
September 26, 2017
If you haven’t already read the headlines, ANZ are issuing a ‘Blacklist’ for some Perth and Brisbane suburbs.
Out of 11 suburbs listed, Perth have 4 out of the 11 that ANZ will be blacklisting and clamping down on with regards to loan applications.
There is a concern that there is an oversupply of apartments in both capital cities and now ANZ are tightening their lending to ensure borrowers are…
September 19, 2017
BMT Tax Depreciation has compiled a list of its top five items that property investors may not realise they can claim tax deductions for.
This list may prove helpful to property investors, as BMT has worked with more than half a million Australian investors to help them utilise tax depreciation to uncover legitimate tax deductions for the wear, tear and ageing of their investment properties.
“The Australian Tax Office…
September 11, 2017
The CoreLogic Stratified Hedonic Index breaks the market into three segments: the most affordable 25% of properties, the middle 50% and the most expensive 25%. The data shows over the past year the most expensive quarter of the market has recorded the greatest value growth.
Over the 12 months to August 2017, the most affordable 25% of residential properties nationally have recorded value growth of 2.9% compared to growth…